French retail giant Carrefour is planning to invest over PLN500m (US$127.9m) per year in its Polish operations in coming years if it is granted the required building approvals from Polish administrative officials.
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Carrefour Polska’s vice president, Xavier Taffet, said the retailer intended to continue its development in Poland and was ready to invest over PLN500m each year if it was allowed to, reported Interfax.
The company faces long administrative procedures, among other obstacles, in order to invest in its Polish operations.
Providing it can overcome those obstacles, the retailer plans to open two new large supermarkets in Poland in 2003 and has plans for a further three to six stores in 2004.
Carrefour currently operates 13 large supermarkets in Poland and 59 Champion and Globi supermarkets. The retailer plans to open around 10 to 12 Champion outlets in 2003.
