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Carrefour, New Projects for Brazil

Carrefour, one of the largest retailers in Europe, announced major new investments in Brazil, an emerging market in which many companies in the old continent seem to focus increasing attention. The French company said it will invest 2.5 billion reais (about $ 1.4 billion) in the South American country within the next two years to support its expansion into more northern regions.

Moreover, by the beginning of the year, the Paris-based company announced that Brazil will make available its service sales through installment.