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(From El Pais)
J. Garcia Carrion, the Spanish beverages group, is banking on its co-operation agreement with US company Wal-Mart, the world's largest retail group. The Spanish entity hopes that turnover generated by the partnership will represent between 20 per cent and 30 per cent of an estimated annual turnover of 800m euros in four years' time.
At present, J. Garcia Carrion's alliance with Wal-Mart accounts for 7 per cent of turnover, while exports contribute 20 per cent ...