Carrefour ups first quarter sales on new store openings in Romania

French retailer Carrefour saw its turnover up 6.6 percent in the first quarter of this year in Romania, to EUR 277 million, a similar level to the Turkish market.

The increase was due to the newly opened units, as the like-for-like evolution revealed a drop in sales of 3.3 percent, according to the retailer's latest financial report.

Carrefour, which runs hypermarkets and supermarkets in Romania, has been opening small size units since the beginning of this year, under the brands Carrefour Market and Carrefour Express, in partnership with Angst. With 25 hypermarkets, 52 supermarkets and 5 proximity stores, Carrefour ended 2011 with a EUR 1.1 billion turnover in Romania, similarly to 2008, when it had fewer stores. editor@romania-insider.com (photo source: Carrefour)