Kesko continues its expansion in Russia with the opening of new K-ruoka store in St. Petersburg

Kesko opened a new K-ruoka store in St. Petersburg at Prospekt Yuriya Gagarina 34 today. The store is located in rented premises in the southern part of St. Petersburg next to the traditional Yuzhnyy market and has good traffic connections. This is the ninth store in the K-ruoka chain.

HELSINKI, Finland, 2015-12-18 — /EPR Retail News/ — According to Kari Heiskanen, Kesko’s grocery trade’s Country Director for Russia, Kesko will continue capital expenditure in Russia, but every new investment will be carefully considered. Three new K-ruoka stores will be opened in 2016.

Further information is available from Country Director for Russia Kari Heiskanen, Kesko’s grocery trade, tel. +7 812 3317723.

Kesko is a Finnish listed trading sector company. Kesko operates in the grocery trade, the home improvement and speciality goods trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. In 2014, Kesko’s net sales totalled €9.1 billion and it employed nearly 20,000 people. Kesko has over 1,500 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia and Belarus. Kesko’s shares are listed on Nasdaq Helsinki. The company’s domicile and main premises are in Helsinki. Kesko is the fifth most sustainable company in the world (The Global 100 Most Sustainable Corporations in the World). www.kesko.fi

SOURCE: KESKO

Kesko opened new K-ruoka store in Leningrad Oblast; the chain’s seventh store in Russia

Kesko today opened a new K-ruoka store at Krikkovskoye Shosse 69 in Kingisepp in the Leningrad Oblast.

HELSINKI, 2015-6-1 — /EPR Retail News/ — The K-ruoka store is the chain’s seventh store. It is located on a property owned by Kesko in the steadily developing city of Kingisepp, around 110 km from downtown St. Petersburg. Russia’s largest port, Ust Luga, is one of the building projects in the city area. There are around 80,000 residents within the catchment area of the store now opened.

According to Kari Heiskanen, Kesko Food’s Country Director for Russia, the economic situation in Russia has not had a significant impact on the operations of the K-ruoka stores.

– Our concept has proved to be very competitive. Customers value the concept that focuses on freshness, good quality and Finnish products. Based on the good experiences, we will continue the implementation of our strategy for Russia, while naturally carefully considering every new capital expenditure.

The next K-ruoka store now being built will open in June.
Further information is available from Kesko Food’s Country Director for Russia, Kari Heiskanen, tel. +7 812 331 7723.

Kesko (www.kesko.fi) is a highly valued listed trading sector company. It manages retail store chains that are valued by customers and efficiently produces services for retail store chains’ purchasing, logistics, network development and data management. Kesko operates in the grocery trade, the home improvement and speciality goods trade and the car and machine trade. Its division parent companies and chains act in close cooperation with retailer entrepreneurs and other partners. Kesko has about 2,000 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia and Belarus. Kesko and K-retailers form the K-Group, whose retail sales totalled around €11.3 billion (VAT 0%) in 2014. The K-Group employs around 45,000 people.

Besides Finland, Kesko seeks growth particularly in the Russian market. In addition to seven K-ruoka stores, Kesko has 13 K-rauta stores and 19 Intersport stores in Russia. In addition, Konekesko exports Yamarin boats to Russia.

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Kesko opens a new K-ruoka store in St. Petersburg, Russia

HELSINKI, Finland, 2015-3-28 — /EPR Retail News/ — Kesko today (26.03.2015) opened a new K-ruoka store in St. Petersburg. The store is located in a property owned by Kesko at Shuvalovsky Prospekt 45.

The K-ruoka store is the chain’s sixth store. It is located in the fast growing northern part of the city, in the former K-rauta building, which became vacant when K-rauta moved to larger premises at Parashutanya Ulitsa 60.

According to Kari Heiskanen, Kesko Food’s Country Director for Russia, the K-ruoka stores in St. Petersburg have been excellently received.

– Customers have appreciated the concept that focuses on freshness, high quality and Finnish products. Based on the good experiences, Kesko will continue to make capital expenditures in Russia and carefully consider every new capital expenditure. The next two K-ruoka stores that are being built will open in May and June.

Further information is available from Kesko Food’s Country Director for Russia, Kari Heiskanen, tel. +7 812 331 7723.

Kesko (www.kesko.fi) is a highly valued listed trading sector company. It manages retail store chains that are valued by customers and efficiently produces services for retail store chains’ purchasing, logistics, network development and data management. Kesko operates in the grocery trade, the home improvement and speciality goods trade and the car and machine trade. Its division parent companies and chains act in close cooperation with retailer entrepreneurs and other partners. Kesko has about 2,000 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia and Belarus. Kesko and K-retailers form the K-Group, whose retail sales totalled around €11.3 billion (VAT 0%) in 2014. The K-Group employs around 45,000 people.

Besides Finland, Kesko seeks growth particularly in the Russian market. In addition to six K-ruoka stores, Kesko has 13 K-rauta stores and 19 Intersport stores in Russia. In addition, Konekesko exports Yamarin boats to Russia.

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