CARREFOUR

Article Abstract:

The French distribution group Carrefour has been present in Turkey for the last 5 years. In December 1997, the group opened a second hypermarket in Adana in association with the local group Sabanci. In 1999, two further units will open at Izmit and Izmir. Before the year 2005, the group foresees owning 20 shops in the country. Due to very high customs duty, 95% of products proposed by the group are of Turkish origin. To maximise profits, the group will rent out half of its surface area to boutiques.

Comment:

Will open two hypermarket units at Izmit and Izmir in Turkey in 1999

Turkey

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Framatome Un effort de localisation

Article Abstract:

China may get twenty new nuclear power units from 2000 to 2010. Framatome is not keeping its interest in the Chinese nuclear sector a secrete, but it must increasingly face competition from Canada, Russia, and the United States. At Framatome, the stress that construction must be with local partners in order to succeed in the Chinese nuclear power sector. Framatome seeks to install certain of its products, particularly the manufacture of nuclear steam supply system generator elements, in China.

Comment:

Seeks to install certain of its products, particularly the manufacture of nuclear steam supply system generator elements

China, Motor and Generator Manufacturing, Nuclear Electric Generators, Nuclear power plants, Framatome S.A.

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CARREFOUR

Article Abstract:

Carrefour, the French distribution firm, has chosen to open its first Czech Republic hypermarket in Plzen, further outlets are planned for Prague, Ostrava and Brno. Carrefour will invest FFr 250mn in the new site which will stock both local and French products supplied by big businesses already present in the Czech Republic such as Danone, Bongrain and L'Or al. The new outlet should be inaugurated in November 1998.

Comment:

Will open its first Czech Republic hypermarket in Plzen. w/ investment of FFr250 mil

Czech Republic

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