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Carrefour expands in
Argentina
The French multinational Carrefour continues to expand. The largest retailer in Europe is well established also in other parts of the world, including South America. A recent acquisition of a majority share in Supermercados Norte S.A. confirms its position as the largest distributor in Argentina. Carrefour has two subsidiaries in the country, Carrefour Argentina S.A. and DIA Argentina S.A. Altogether, the French retail giant operates 22 hypermarkets, 141 supermarkets and 123 maxidiscount stores in this country. Uni-Europa Commerce continues works council preparations The European workers in Carrefour are engaged in a process where the European Works Councils of the two constituent companies, Carrefour and Promodes, are being merged. This will be discussed at a meeting in Paris on 18 - 20 May, as will labour relations in Carrefour in general. Uni-Europa Commerce, together with its French affiliates concerned, are negotiating with the management of Carrefour concerning the composition and functions of the new council. |
