Delhaize Belgium announces project agreement with its social partners

BRUSSELS, Belgium, February 10, 2015 – Delhaize Belgium has issued a press release yesterday after reaching a project agreement with its social partners. This project agreement will be presented by the social partners to their supporters and will be submitted to Delhaize Group’s Board of Directors. Should all parties agree, the project agreement will become an official collective labor agreement that could be signed on February 23rd, 2015.

Delhaize Group

Delhaize Group is a Belgian international food retailer present in seven countries on three continents. At the end of 2014, Delhaize Group’s sales network consisted of 3 468 stores. In 2014, Delhaize Group posted €21.4 billion ($28.4 billion) in revenues. In 2013, Delhaize Group posted €179 million ($237 million) in net profit (Group share). At June 30, 2014, Delhaize Group employed approximately 152 500 people. Delhaize Group’s stock is listed on NYSE Euronext Brussels (DELB) and the New York Stock Exchange (DEG).