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AMERICAN CHAMBER OF COMMERCE IN ARMENIA URGES SCPEC TO LOOK INTO OBSTACLES STANDING ON THE WAY OF CARREFOUR'S ARRIVAL IN ARMENIA
YEREVAN, March 19. / ARKA /. The Board of the American Chamber of
Commerce in Armenia called on the chairman of the State Commission
for Protection of Economic Competition (SCPEC) Artak Shaboyan to
look into obstacles standing on the way of famous French retailer
Carrefour's arrival in Armenia.
Gagik Arzumanian, a member of the Board of the American Commerce
Chamber in Armenia suggested that SCPEC should conduct some research
and present its findings to the public because 'Carrefour is a very
important foreign investor.' He was speaking at a discussion with
the business community and head of SCPEC.
Gagik Arzumanian said judging by media reports, the delay in
Carrefour's entrance in Armenia is related to competition.
"I want to believe that these media speculations are not true and
that the government is not involved in this. This in mind, the SCPEC
appears to be the only agency that can give a clear explanation about
this problem," he said.
In response Artak Shaboyan said his agency may look into the issue
only if it has a request from Carrefour. "Specifically in this case,
we need facts and evidence to make a grounded decision," he said.
Earlier media reports claimed that a Russian-Armenian billionaire
Samvel Karapetyan, who is the owner of Dalma Garden Mall in Yerevan
suspended a contract with the Carrefour after a pressure from Armenian
businessman Samvel Aleksanyan, who is the largest importer of food
and other essentials.
Armenian prime minister Tigran Sargsyan said the government would do
everything possible to ensure Carrefour's arrival in Armenia. He said
Samvel Karapetian and Carefour signed a memorandum of understanding,
not an agreement.
Carrefour S.A. is a French retailer headquartered in Paris. It
runs 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 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. Its net profits in 2012 saw a three
times rise from 2011 amounting to 1.23 billion euros. -0-
YEREVAN, March 19. / ARKA /. The Board of the American Chamber of
Commerce in Armenia called on the chairman of the State Commission
for Protection of Economic Competition (SCPEC) Artak Shaboyan to
look into obstacles standing on the way of famous French retailer
Carrefour's arrival in Armenia.
Gagik Arzumanian, a member of the Board of the American Commerce
Chamber in Armenia suggested that SCPEC should conduct some research
and present its findings to the public because 'Carrefour is a very
important foreign investor.' He was speaking at a discussion with
the business community and head of SCPEC.
Gagik Arzumanian said judging by media reports, the delay in
Carrefour's entrance in Armenia is related to competition.
"I want to believe that these media speculations are not true and
that the government is not involved in this. This in mind, the SCPEC
appears to be the only agency that can give a clear explanation about
this problem," he said.
In response Artak Shaboyan said his agency may look into the issue
only if it has a request from Carrefour. "Specifically in this case,
we need facts and evidence to make a grounded decision," he said.
Earlier media reports claimed that a Russian-Armenian billionaire
Samvel Karapetyan, who is the owner of Dalma Garden Mall in Yerevan
suspended a contract with the Carrefour after a pressure from Armenian
businessman Samvel Aleksanyan, who is the largest importer of food
and other essentials.
Armenian prime minister Tigran Sargsyan said the government would do
everything possible to ensure Carrefour's arrival in Armenia. He said
Samvel Karapetian and Carefour signed a memorandum of understanding,
not an agreement.
Carrefour S.A. is a French retailer headquartered in Paris. It
runs 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 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. Its net profits in 2012 saw a three
times rise from 2011 amounting to 1.23 billion euros. -0-