RUSSIA: X5 opens newly refurbished Karusel hypermarket on Savushkin Street in St Petersburg

Moscow, 2017-Oct-17 — /EPR Retail News/ — X5 Retail Group (“X5” or “the Company”), a leading Russian food retailer (LSE: FIVE), announces the opening of a refurbished Karusel hypermarket on Savushkin Street in St Petersburg. The redesigned store is the first to feature the updated Karusel logo and some other elements of the chain’s new concept.

The hypermarket’s interior design and indoor navigation are tailored to offer customers a premium shopping experience. Low shelves enable easier navigation, while tall merchandise showcases and clear signposting make it easy to find sections from almost anywhere in the shopping area. The hypermarket also uses innovative product storage systems in the shape of playhouses, split-level podiums, etc. The wooden interior and distinctive product layout make the liquor section look like a speciality boutique.

The new Karusel’s food court has four zones, including a pizza place, sushi bar, confectioner’s and a 250-seat restaurant. Customers can also buy ready-to-cook products to take home from the deli counter (though prices for some menu items in the restaurant are the same as at the deli counter). For the convenience of customers, trolley parks are located before the food court so customers can lock and leave their shopping trolleys before going in.

The selling space of the new hypermarket exceeds 5,700 sq m, with a product mix totalling more than 25,000 SKUs. 90% of the food offering comprises goods produced in Russia, with local suppliers from St Petersburg and the Leningrad region (over 100 companies in total) delivering fresh baked products, cakes, meat, cheese and dairy products, eggs and more. The product mix includes over 1,800 SKUs from local suppliers, accounting for more than 30% of the fresh and ultra-fresh categories.

The new Karusel created a total of 162 new jobs.​

For further details please contact:
Maxim Novikov
Head of Investor Relations
Tel.: +7 (495) 502-9783
e-mail: Maxim.Novikov@x5.ru

Andrey Vasin
Investor Relations Officer
Tel.:+7 (495) 662-88-88 ext. 21-456
e-mail: Andrey.Vasin@x5.ru

Source: X5 Retail Group

RUSSIA: Lenta announces the opening of its 15h supermarket in St. Petersburg

St. Petersburg, Russia, 2017-Jun-13 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its 15h supermarket in St. Petersburg.

The new store is a Lenta medium format supermarket located at 15A Avtovskaya str., St. Petersburg. The store has a total area of 1,300 sq.m with 692 sq.m of selling space and is open from 8.00 am till 11.00 pm, seven days a week. A broad product assortment of 4,800 SKUs has been selected specifically for residents of St. Petersburg and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 6 cash registers. The property is leased by Lenta.

This opening in St. Petersburg is Lenta’s eighth supermarket opening in 2017 and brings the total number of Lenta stores to 195 hypermarkets in 78 cities across Russia and 56 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region.

About Lenta
Lenta is the largest hypermarket chain in Russia (in terms of selling space) and the country’s fourth largest retail chain (in terms of sales as of Q1 2017). The Company was founded in 1993 in St. Petersburg. Lenta operates 195 hypermarkets in 78 cities across Russia and 56 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region with a total of approximately 1,170,600 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,700 sq.m. The average Lenta supermarket store has selling space of approximately 900 sq.m. The Company operates seven owned distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 45,689 people as of 31 December 20161.

The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.

A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

For further information please visit www.lentainvestor.com.

Contact:

Lenta
Anastasia Kuznetsova,
Corporate Communications Manager
Тel:+7 (812) 336 39 97
E-mail: a.kuznetsova@lenta.com

FTI Consulting
Russian Media:
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@FTIconsulting.com

FTI Consulting
International Media:
Leonid Fink & Jenny Payne
Тel: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com
Jenny.Payne@fticonsulting.com

Source: Lenta

Russian food retailer O’KEY opens new supermarket in Sestroretsk (St Petersburg)

O’KEY Group S.A. (LSE: OKEY), one of the largest food retailers in Russia, announces the opening of a new supermarket in Sestroretsk, the Group’s 110th store and 42nd store in St Petersburg

MOSCOW, Russia, 2017-Apr-21 — /EPR Retail News/ — The 1,300 m2 supermarket is located in Kurortny region of St Petersburg (Sestroretsk, Primorskaya road, 268 A). The new supermarket will be the second store in Sestroretsk (first store was opened in 2008 on Volodarskyi str.).

Key emphasize in the new store is made on fresh products, such as vegetables and fruits, meat and poultry, fish, gastronomy and dairy products. The product range of nonfood is represented by essential products, including goods for children and expanded toys section. By summer the surrounding area of the store will be equipped with pavilion offering the variety of items for garden, picnic and leisure time, as well as for summer sports and fishing.

Onsite bakery and cozy café are also among the novelties introduced at the new store. Our clients will be served by 8 checkout counters in order not to create lines even at peak hours.

Mr. Heigo Kera, CEO of Hypermarket and Supermarket segment and Chairman of the Board of Directors, commented:

“We pay a lot of attention to the development of new supermarket format – compact stores, which help us to be closer to the clients. At the new store in Sestroretsk we created understandable space with modern navigation and well thought out assortment, what will help our customers to shop reasonably, conveniently and with maximum economy. I am sure that the new store will become popular among the residents of Kurortny region and St Petersburg.”

COMPANY OVERVIEW

O’KEY is one of the largest retail chains in Russia. Its primary retail format is the modern Western European style hypermarket under the “O’KEY” brand reinforced by O’KEY supermarket. The Group is developing the innovative discounter format under the “DA!” brand. O’KEY is the first among Russian food retailers to launch e-commerce operations in St. Petersburg and Moscow based on hypermarket assortment.

The Group opened its first hypermarket in St. Petersburg in 2002 and has demonstrated continuous growth ever since. As of April 21, 2017, O’KEY operates 165 stores across Russia – 73 hypermarkets, 37 supermarkets and 55 discounters.

SOURCE: O’KEY Group S.A.

For further information please contact:
Veronika Kryachko
Head of Investor Relations
+7 495 663 6677 ext. 404
Veronika.Kryachko@okmarket.ru
www.okeyinvestors.ru

Lenta announces the opening of its fourteenth supermarket in St. Petersburg located at Sosnovyi Bor city

St. Petersburg, Russia, 2017-Mar-13 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its fourteenth supermarket in St. Petersburg.

The new store is a Lenta small format supermarket located at 78 Geroev av., Sosnovyi Bor city, Leningrad region. The store has a total area of 710 sq.m with 407 sq.m of selling space and is open from 8.00 am till 11.00 pm, seven days a week. A broad product assortment of 3,600 SKUs has been selected specifically for residents of St. Petersburg and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 4 cash registers. The property is leased by Lenta.

This opening in St. Petersburg is Lenta’s third supermarket opening in 2017 and brings the total number of Lenta stores to 195 hypermarkets in 78 cities across Russia and 52 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region.

About Lenta
Lenta is the largest hypermarket chain in Russia (in terms of selling space) and the country’s fifth largest retail chain (in terms of 2015 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 195 hypermarkets in 78 cities across Russia and 52 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region with a total of approximately 1,167,584 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,700 sq.m. The average Lenta supermarket store has selling space of approximately 900 sq.m. The Company operates seven owned distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 45,689 people as of 31 December 20161.

The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.

A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

SOURCE: Lenta

For further information please visit www.lentainvestor.com, or contact:

Lenta
Anna Meleshina,
Public Relations & Government Affairs Director
Tel: +7 812 363 28 53
E-mail: anna.meleshina@lenta.com

Anastasia Kuznetsova,
Corporate Communications Manager
Тel:+7 (812) 336 39 97
E-mail: a.kuznetsova@lenta.com

FTI Consulting
International Media:
Leonid Fink & Jenny Payne
Тel: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com
Jenny.Payne@fticonsulting.com

FTI Consulting
Russian Media:
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@FTIconsulting.com

1 FTE (full-time equivalent). Average FTE for 2016 was 35,677 employees

Lenta announces the opening of its thirteenth supermarket in St. Petersburg located at Luga city

St. Petersburg, Russia, 2017-Mar-13 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its thirteenth supermarket in St. Petersburg.

The new store is a Lenta large format supermarket located at 77 bld.3 Yuritskogo av., Luga city, Leningrad region. The store has a total area of 1,491 sq.m with 980 sq.m of selling space and is open from 8.00 am till 11.00 pm, seven days a week. A broad product assortment of 6,900 SKUs has been selected specifically for residents of St. Petersburg and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 70 parking spaces and 8 cash registers. The property is leased by Lenta.

This opening in St. Petersburg is Lenta’s second supermarket opening in 2017 and brings the total number of Lenta stores to 195 hypermarkets in 78 cities across Russia and 51 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region.

About Lenta
Lenta is the largest hypermarket chain in Russia (in terms of selling space) and the country’s fifth largest retail chain (in terms of 2015 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 195 hypermarkets in 78 cities across Russia and 51 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region with a total of approximately 1,167,177 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,700 sq.m. The average Lenta supermarket store has selling space of approximately 900 sq.m. The Company operates seven owned distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 45,689 people as of 31 December 20161.

The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.

A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

For further information please visit www.lentainvestor.com, or contact:

Lenta
Anna Meleshina,
Public Relations & Government Affairs Director
Tel: +7 812 363 28 53
E-mail: anna.meleshina@lenta.com

Anastasia Kuznetsova,
Corporate Communications Manager
Тel:+7 (812) 336 39 97
E-mail: a.kuznetsova@lenta.com

FTI Consulting
International Media:
Leonid Fink & Jenny Payne
Тel: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com
Jenny.Payne@fticonsulting.com

FTI Consulting
Russian Media:
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@FTIconsulting.com

1  FTE (full-time equivalent). Average FTE for 2016 was 35,677 employees

Lenta announces the opening of its 34th hypermarket in St. Petersburg

St. Petersburg, Russia, 2016-Dec-29 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its 34th hypermarket in St. Petersburg.

The new store is a Lenta supercompact format hypermarket located in Cubus shopping center, at 1 Yuriy Gagarin str., Volkhov, Leningrad region. The store has a total area of 5,040 sq.m with 3,068 sq.m of selling space and is open from 10.00 am till 10.00 pm, seven days a week. A broad product assortment of 12,000 SKUs has been selected specifically for residents of St. Petersburg and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 20 cash registers. The shopping center has 460 parking spaces. The property is leased by Lenta.

The opening in St. Petersburg is Lenta’s forty eighth hypermarket opening in 2016 and brings the total number of Lenta stores to 187 hypermarkets in 77 cities across Russia and 45 supermarkets in Moscow and St. Petersburg.

About Lenta
Lenta is the largest hypermarket chain in Russia (in terms of selling space) and the country’s fifth largest retail chain (in terms of 2015 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 187 hypermarkets in 77 cities across Russia and 45 supermarkets in Moscow and St. Petersburg, with a total of approximately 1,126,232 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,800 sq.m. The average Lenta supermarket store has selling space of approximately 1,000 sq.m. The Company operates seven owned distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 34,134 people as of 30 June 20161.

The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.

A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

For further information please visit www.lentainvestor.com,

Contact:

Lenta
Anna Meleshina,
Public Relations & Government Affairs Director
Tel: +7 812 363 28 53
E-mail: anna.meleshina@lenta.com

Anastasia Kuznetsova,
Corporate Communications Manager
Тel:+7 (812) 336 39 97
E-mail: a.kuznetsova@lenta.com

Citigate
International Media:
David Westover
Тel: +44 207 282 2886
E-mail: lentateam@citigatedr.co.uk

FTI Consulting
Russian Media:
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@FTIconsulting.com

Source: Lenta

Lenta announceS the opening of its 33rd hypermarket in St. Petersburg, Russia

St. Petersburg, Russia, 2016-Dec-28 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its 33rd hypermarket in St. Petersburg.

The new store is a Lenta standard format hypermarket located at 5 Uzhnaya str., Bugry, Leningrad region. The store has a total area of 13,283 sq.m with 7,224 sq.m of selling space and is open 24 hours, seven days a week. A broad product assortment of 26,000 SKUs has been selected specifically for residents of St. Petersburg and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 571 parking spaces and 40 cash registers. The property is owned by Lenta.

The opening in St. Petersburg is Lenta’s forty sixth hypermarket opening in 2016 and brings the total number of Lenta stores to 185 hypermarkets in 77 cities across Russia and 45 supermarkets in Moscow and St. Petersburg.

About Lenta
Lenta is the largest hypermarket chain in Russia (in terms of selling space) and the country’s fifth largest retail chain (in terms of 2015 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 185 hypermarkets in 77 cities across Russia and 45 supermarkets in Moscow and St. Petersburg, with a total of approximately 1,117,931 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,800 sq.m. The average Lenta supermarket store has selling space of approximately 1,000 sq.m. The Company operates seven owned distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 34,134 people as of 30 June 2016 1.

The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.

A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

For further information please visit www.lentainvestor.com

Contact:

Lenta
Anna Meleshina,
Public Relations & Government Affairs Director
Tel: +7 812 363 28 53
E-mail: anna.meleshina@lenta.com

Anastasia Kuznetsova,
Corporate Communications Manager
Тel:+7 (812) 336 39 97
E-mail: a.kuznetsova@lenta.com

Citigate
International Media:
David Westover
Тel: +44 207 282 2886
E-mail: lentateam@citigatedr.co.uk

FTI Consulting
Russian Media:
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@FTIconsulting.com

Source: Lenta

X5 announces development and optimization of its logistics infrastructure in north-west Russia and opens distribution centre in St. Petersburg

St. Petersburg, 2016-Sep-08 — /EPR Retail News/ — X5 Retail Group (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces the development and optimization of its logistics infrastructure in the north-west of Russia and the opening of a distribution centre (DC) in St. Petersburg.

With over 27,000 sq m of space, the St. Petersburg – Yug logistics facility will supply 889 Pyaterochkas in eight regions: St Petersburg plus the Leningrad, Arkhangelsk, Vologda, Novgorod, Murmansk and Pskov regions, as well as the Republic of Karelia. The DC covers a total of 298 cities, towns and villages in the Northwestern Federal District. Featuring five storage zones, each with distinct temperature zone, the facility is designed to accommodate all categories of goods.

St. Petersburg – Yug marks a new milestone in the development of X5’s logistics infrastructure in the north-west of Russia, with the aim of optimising the number of DCs in the Federal District while also increasing capacity and capabilities. This is the first in a series of multi-format, next-generation DCs the Group will use to ensure the availability and freshness of products during Pyaterochka’s rapid expansion, while also cutting logistics costs.

X5 Retail Group invited managers of over 60 suppliers from St Petersburg, the Leningrad, Pskov, Novgorod and Vologda regions to take part in the ceremony. The launch of the new logistics facilities offers them vast opportunities to develop cooperation with X5’s retail chains, materially reducing logistics costs and boosting supplies to X5 stores, including through wider geographic reach.

At its full capacity, St. Petersburg – Yug will be able to process and handle products from over 200 local suppliers. Currently, the share of local supplies in the offering of Pyaterochka stores in the north-west of Russia stands at 27%, while in some categories (like bread and bakery) it reaches as much as 95%.

This advanced logistics facility is X5’s second DC to open in St. Petersburg this year and the sixth one launched across Russia in 2016. Previously, X5 opened five distribution centres with a total area of 164.5 thousand sq m: one each in St Petersburg, the Moscow region and Chelyabinsk, and two in the Republic of Adygea.

The opening of St. Petersburg – Yug has helped create almost 500 additional jobs in the region.

Contact:

Oleg Poletaev
Head of PR
E: pressa@x5.ru
E: oleg.poletaev@x5.ru
T: +7 (495) 662-88-88, ext. 22-209

Source: X5 Retail Group

Lenta announces the opening of its new hypermarket at Okhta Mall shopping center in St. Petersburg

St. Petersburg, Russia, 2016-Aug-31 — /EPR Retail News/ — One of the largest retail chains in Russia, is pleased to announce the opening of its twenty second hypermarket in St. Petersburg.

The new store is a Lenta compact format hypermarket located at 11 Magnitogorskaya str., St. Petersburg, at the Okhta Mall shopping center. The store has a total area of 9,299 sq.m, with 6,088 sq.m of selling space and is open 24 hours a day, seven days a week. A broad product assortment of 19,000 SKUs has been selected specifically for residents of St. Petersburg and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 1,200 parking spaces and 26 cash registers. The property is leased by Lenta.

The opening in St. Petersburg is Lenta’s ninth hypermarket opening in 2016 and brings the total number of Lenta stores to 148 hypermarkets in 72 cities across Russia and 42 supermarkets in Moscow and St. Petersburg.

About Lenta
Lenta is the largest hypermarket chain in Russia (in terms of selling space) and the country’s fifth largest retail chain (in terms of 2015 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 148 hypermarkets in 72 cities across Russia and 42 supermarkets in Moscow and St. Petersburg, with a total of approximately 928,953 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 6,000 sq.m. The average Lenta supermarket store has selling space of approximately 1,000 sq.m. The Company operates six owned hypermarket distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 38,414 people as of 31 December 20151.

The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.

A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

For further information please visit www.lentainvestor.com, or contact:

Lenta
Anna Meleshina,
Public Relations & Government Affairs Director
Tel: +7 812 363 28 53
E-mail: anna.meleshina@lenta.com

Anastasia Kuznetsova,
Corporate Communications Manager
Tel: +7 (812) 336 39 97
E-mail: a.kuznetsova@lenta.com

Citigate
International Media:
David Westover and Marina Zakharova
Tel: +44 207 282 2886
E-mail: lentateam@citigatedr.co.uk

FTI Consulting
Russian Media:
Anton Karpov & Victoria Afonina
Tel: +7 495 795 06 23
E-mail: lenta@FTIconsulting.com

1 FTE (full-time equivalent). Average FTE for 2015 was 31,307 employees.

Source: Lenta

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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