Brazil’s Odebrecht to take on management of “Nosso Super” supermarket chain in Angola

14 September 2011

Luanda, Angola, 14 Sept – Brazilian group Odebrecht is to take on the management of Angolan supermarket chain “Nosso Super” according to Angolan newspaper O País, which cited a source from the state chain.

The cited source said that the contract to hand over management of the stores had been successfully negotiated by the Brazilian group with the Angolan Ministry for Trade.

The “Nosso Super” store, in Viana, according to the source, are already under Odebrecht’s management and the company will also be responsible for paying compensation to surplus workers and for hiring new staff.

As well as the problems related to the inability to absorb national production, which have been recognised by the Angolan authorities, the source did rule out the possibility of mismanagement as the cause of the failure of the project, which was implemented under the terms of the Programme for Restructuring the Logistics and Distribution System (Presild).

O País also reported that the “Poupa Lá” stores, under the management of the “Nosso Super” project, would be handed over to private management this year, and the Maxi and Continental companies have shown interest in the chain. They would replace Portuguese company Gestão de Comércio Total (CGT), whose businesses folded in Portugal. (macauhub)