PanARMENIAN.Net - Dutch food retail chain SPAR International will enter the Armenian Market in 2020, Hakob Patvakanyan, founder of Invest in Armenia, said in a Facebook post on Tuesday, November 5.
Invest in Armenia is a platform on business, macroeconomic, investment updates from Armenia.
SPAR, originally DESPAR, is a Dutch multinational franchise that manages independently owned and operated food retail stores.
'Founded in 1932, it (the retail chain - Ed.) has more than 12,500 stores in 44 countries around the world serving over 13 million customers daily,' Patvakanyan wrote.
More news is expected soon as the company is now conducting personnel recruitment.
SPAR Armenia, a member of the global family of SPAR International, is represented in Armenia by SPAR LLC.