Carrefour to invest zl.1 billion over next two years

"We want to open 20 stores in different formats in 2007. We have similar plans for 2008. We estimate the value of our investments will be zl.1 billion over this period," said Alain Souillard, president of Carrefour Polska. The company currently operates 117 outlets, but to this figure four hypermarkets and five Champion stores will be added still this year. "We want to introduce three new formats: small hypermarkets Carrefour, Carrefour Express and franchise stores," said Souillard. The network Carrefour Express will be created on the basis of Globi and Champion, but as of 2008 Globi will cease to exist. In terms of acquisitions, "We might take advantage of an opportunity if one arises," said Souillard. (Puls Biznesu, pp. 1, 8) M.M.