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Armenian-French business club expects government to support French
Carrefour' intention to do business in Armenia
YEREVAN, March 7. /ARKA/. Armand Pinarbasi, president of
Armenian-French Business Club, sent an open letter to Armenian Prime
Minster Tigran Sargsyan expressing hope that the Armenian government
will support French retailer Carrefour' intention to establish
business in Armenia, the press offcie of France's embassy in Yerevan
reported today.
Pinarbasi was quoted by the press office as saying in his message that
Carrefour's appearance in Armenia would contribute a great deal to
development of the natinal economy in terms of creation of new jobs
and improvement of services.
That is why, he said, the Armenian-French Business Club attaches great
importance to this large investment program implementation in Armenia.
The Club was established in 2011 on the initiative of Frech Ambassador
to Armenia Henry Renault. The club members are large French companies
operating in Armenia and Armenian companies which are doing business
France.
In December 2012, Carrefour Armenia became a member of the club.
Earlier, Zhamanak (Time), a Yerevan newspaper, reported referring to
own sources that Samvel Karapetyan, a Russian entrepreneur of Armenian
descent, who was ranked 353rd by Forbes, and the owner of Dalma Garden
Mall that is included in Tashir Group, suspended its contract with
Carrefour.
According to the newspaper, the move was prompted by strong opposition
from Samvel Alexanyan, an Armenian entrepreneur who imports essential
commodities in the country and at whose business Carrefour's
appearance here might strike hard.
Prime Minister Tigran Sargsyan said the government will do whatever it
can to ensure Carrefour's arrival here, since Armenia is interested in
this.
Commenting on the rumors going around about the contract suspension,
the premier told journalists referring to the company's spokesmen that
this is a memorandum on intent, not a contract, and that there is some
discord between the parties.
Economy Minister Tigran Davtyan, on his side, said that delay here is
connected with problems between the parties and that there is nothing
extraordinary in it.
Carrefour S.A. is a French multinational retailer headquartered in
Boulogne Billancourt, France, in Greater Paris. It is one of the
largest hypermarket chains in the world (with 1,395 hypermarkets at
the end of 2009), the second largest retail group in the world in
terms of revenue, and the third largest in profit (after Wal-Mart and
Tesco). Carrefour operates mainly in Europe, Argentina, Brazil, China,
Colombia, Dominican Republic, United Arab Emirates and Saudi Arabia,
but also has shops in North Africa and other parts of Asia. It has
400,000 employees.--0----
Carrefour' intention to do business in Armenia
YEREVAN, March 7. /ARKA/. Armand Pinarbasi, president of
Armenian-French Business Club, sent an open letter to Armenian Prime
Minster Tigran Sargsyan expressing hope that the Armenian government
will support French retailer Carrefour' intention to establish
business in Armenia, the press offcie of France's embassy in Yerevan
reported today.
Pinarbasi was quoted by the press office as saying in his message that
Carrefour's appearance in Armenia would contribute a great deal to
development of the natinal economy in terms of creation of new jobs
and improvement of services.
That is why, he said, the Armenian-French Business Club attaches great
importance to this large investment program implementation in Armenia.
The Club was established in 2011 on the initiative of Frech Ambassador
to Armenia Henry Renault. The club members are large French companies
operating in Armenia and Armenian companies which are doing business
France.
In December 2012, Carrefour Armenia became a member of the club.
Earlier, Zhamanak (Time), a Yerevan newspaper, reported referring to
own sources that Samvel Karapetyan, a Russian entrepreneur of Armenian
descent, who was ranked 353rd by Forbes, and the owner of Dalma Garden
Mall that is included in Tashir Group, suspended its contract with
Carrefour.
According to the newspaper, the move was prompted by strong opposition
from Samvel Alexanyan, an Armenian entrepreneur who imports essential
commodities in the country and at whose business Carrefour's
appearance here might strike hard.
Prime Minister Tigran Sargsyan said the government will do whatever it
can to ensure Carrefour's arrival here, since Armenia is interested in
this.
Commenting on the rumors going around about the contract suspension,
the premier told journalists referring to the company's spokesmen that
this is a memorandum on intent, not a contract, and that there is some
discord between the parties.
Economy Minister Tigran Davtyan, on his side, said that delay here is
connected with problems between the parties and that there is nothing
extraordinary in it.
Carrefour S.A. is a French multinational retailer headquartered in
Boulogne Billancourt, France, in Greater Paris. It is one of the
largest hypermarket chains in the world (with 1,395 hypermarkets at
the end of 2009), the second largest retail group in the world in
terms of revenue, and the third largest in profit (after Wal-Mart and
Tesco). Carrefour operates mainly in Europe, Argentina, Brazil, China,
Colombia, Dominican Republic, United Arab Emirates and Saudi Arabia,
but also has shops in North Africa and other parts of Asia. It has
400,000 employees.--0----