ARAZ SUPERMARKET and FAVORIT MARKET announced their merger

13:11 - 29.09.2017


Today, two large Azerbaijani networks of ARAZ SUPERMARKET and FAVORIT MARKET have announced about their upcoming merger.

Veyseloglu, a company including the ARAZ SUPERMARKET network, reports that consolidation of supermarket chains in addition to supporting this sector of the economy will also play the role of a bridge between providers and consumers and ensure client satisfaction.

"Given international practice, mergers serve to the development of the retail sector that plays an important role in increasing local production. Development of local production is the main force of country’s economic growth," the company informed.

ARAZ SUPERMARKET has been operating from 2011 and FAVORIT MARKET since 2008.

 

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