RNS Number : 5090U
O'Key Group SA
16 October 2014
 



OKEY GROUP S.A ANNOUNCES OPENING OF 101th STORE

 

Press Release

16.10. 2014

 

O'KEY GROUP S.A. (LI: OKEY, the "Company" or "O'KEY"), a leading Russian food retailer, announces the opening of its 1st "O'KEY - Express" supermarket in Voronezh.

 

The new store is located in Marshala Zhukova str.15, inside the shopping mall. The total space of the supermarket is 2,977 sq.m, with the trading space amounting to 1,475 sq.m.

 

The shopping complex is equipped with the parking lot of 250 parking spaces. The store offers customers more than 9,000 SKUs, with non-food items accounting for approximately 30% of the total. The store has 69 employees.

 

This is the Company's 40th supermarket, and 101th store overall, including hypermarkets, with an aggregate trading space exceeding 523,000 sq.m. 

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COMPANY OVERVIEW

 

"O'KEY" is one of the largest retail chains in Russia. Its primary retail format is the modern Western European hypermarket under the "O'KEY" brand, complemented by "O'KEY - Express" supermarkets.

 

The Company opened its first hypermarket in St. Petersburg in 2002 and has demonstrated continuous growth ever since. As of September 30, 2014, O'KEY operated 98 stores in 23 cities across Russia: 64 hypermarkets with an aggregate selling space of approximately 469,000 square meters and 34 supermarkets with an aggregate trading space of approximately 46,000 square meters. As of September 30, 2014, O'KEY employed over 23,000 people.

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For further INFORMATION, please contact:

 

Ivan Baranov

Investor relations 

Num. +7(495)6636677, ext. 220

e-mail: ir@okmarket.ru

www.okmarket.ru

 

Artem Glushchenko

Public relations

Num. +7(495)6636677, ext. 338

e-mail: corpcom@okmarket.ru

www.okmarket.ru

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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