Retail market and FMCG sector in Russia

Technosila offered for sale

Tue, 31 Jan 2012 00:00:00 +0100

The MDM Bank and Mikhail Kokorich have offered the Technosila consumer retail chain, which sells electronic appliances and household goods, for sale. The offer was made to other ...

Russian alcohol production volumes down in 2011

Tue, 31 Jan 2012 00:00:00 +0100

The production of all types of alcohol in Russia, including vodka, brandy and wine, fell by 10% on average in 2011 year on year. Among the vodka producers operating on the market, Russky ...

Finn Flare to slow new store openings in 2012

Tue, 31 Jan 2012 00:00:00 +0100

Finnish retailer Ruveta OY, operating the clothing chains Finn Flare and AppleMoon in Russia, is to launch 15 company owned and over 25 franchise stores in Russia, Kazakhstan and ...

Bonduelle Group to acquire Cecab assets in Russia

Fri, 27 Jan 2012 00:00:00 +0100

The French vegetable processing company Bonduelle Group is planning to acquire agribusiness assets from another French producer Cecab Group in Russia and the CIS. The deal is expected ...

Subway opened 155 restaurants in Russia in 2011

Fri, 27 Jan 2012 00:00:00 +0100

Subway, the international catering chain, opened 155 new restaurants in Russia in 2011, twice as many as in 2010. In turn, about 210 new outlets are to appear in the country in 2012. ...

Sedmoy Kontinent among 50 brands with fastest rate of growth

Wed, 25 Jan 2012 00:00:00 +0100

The grocery retailer Sedmoy Kontinent is among the 50 fastest growing brands in the world within the last ten years, alongside such giants as Apple, Coca-Cola and Google, according ...

Auchan to bring city hypermarkets to Ukraine

Wed, 25 Jan 2012 00:00:00 +0100

The French retailer Auchan is planning to launch "city hypermarkets" in Ukraine under its banners and is currently seeking to acquire premises of 7,000-7,500 m² ...

A5 controls 100% of Mosoblpharmacia assets

Tue, 24 Jan 2012 00:00:00 +0100

The co-owners of A5 pharmacy retailer Sergey Solodov and Roman Buzdalin have bought out the 26% share in Mosoblpharmacia, the operator of about 500 pharmacies in the Moscow Province, ...

EBRD acquires share in Katren

Tue, 17 Jan 2012 00:00:00 +0100

The European Bank of Reconstruction and Development (EBRD) is to acquire a 15% share in Russian pharmaceutical distributor Katren. The deal is estimated at $38-150m, depending ...

Saimaa signs contracts with federal retailers

Tue, 17 Jan 2012 00:00:00 +0100

The Finnish vodka producer Saimaa Beverages Oy Ltd has concluded supply contracts with large grocery retailers operating in Russia: X5 Retail Group, Azbuka Vkusa, Auchan and Magnit. ...

CPI at the end of 2011 at record low

Tue, 17 Jan 2012 00:00:00 +0100

The annual growth consumer price index (CPI) in Russia at the end of 2011 was the lowest since 1991, according to the Russian Federal Statistics Service (Rosstat), as at the end of the ...

Spar's first opening in St. Petersburg

Mon, 16 Jan 2012 00:00:00 +0100

The first supermarket of Dutch grocery brand Spar in St. Petersburg opened on 21 December 2011. The store features 12,000 SKUs. The store has been launched by Spar's franchisee ...

Smart phones to take up 30% of mobile phone market in Russia in 2012

Fri, 13 Jan 2012 00:00:00 +0100

The sale of smart phones is to take up a 30% share in the Russian mobile phone and electronic accessories market in 2012, according to experts' forecasts cited by bfm.ru. In 2011, ...

Foxtrot and Comfy plan IPOs in 2013

Thu, 12 Jan 2012 00:00:00 +0100

Two top consumer electronics companies within the Ukrainian retail market are planning their initial public offerings (IPO) in 2013: Foxtrot (228 stores) and Comfy (78 stores). ...

New luxury jewellery retailer launches in St. Petersburg

Wed, 04 Jan 2012 00:00:00 +0100

The diamond manufacturer Alrosa has entered the jewellery retail market in Russia, launching its first 1829 luxury jewellery stores in St. Petersburg. The value of investment per ...