“The talks are really advanced, the plan was to close by the Holidays,” a source said, while another confirmed the target of the parties was to reach an agreement by the end of 2025 and if they did not, then „it will happen early, really early in 2026.”

There are reports in the Romanian media about the parties having already struck a deal, but as far as ZF found, there has been no signing yet, though that is not far from happening. Representatives of the Paval brothers and of Dedeman, too, deny having already signed the agreement.

“The information is not true and is based on speculation, published without prior verification.”

However, ZF has previously reported about talks, as early as this summer.

French-held Carrefour Group, one of the largest grocery retailers in the world, has about 460 stores in various formats in Romania, with about EUR3 billion sales in 2024, public data show.

A number of parties showed interest in these operations, but only Dedeman remained at the table. The deal is estimated at EUR750 million to EUR900 million now.

(English version by Loredana Fratila-Cristescu)