Last checked at 13 Nov 2014 16:40
O'KEY GROUP S.A ANNOUNCES OPENING OF ITS 103rd STORE
Press Release
13.11.2014
O'KEY GROUP S.A. (LSE: OKEY), a leading Russian food retailer, announces the opening of its first "O'KEY - Express" supermarket in Ivanovo.
The new store is located inside a shopping mall. The total space of the supermarket is 1,744 square metres, with the trading space amounting to 1,074 square metres.
The shopping complex is equipped with a parking lot of 128 parking spaces. The store offers customers more than 11,000 SKUs, with non-food items accounting for approximately 30% of the total. The store has 61 employees.
This is the Company's 38th supermarket, 2nd store in Ivanovo and 103rd store overall, including hypermarkets, with an aggregate trading space exceeding 524,000 square metres.
___________________________
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 22,000 people.
_______________________________________________
For further INFORMATION, please contact:
Marina Kagan
Head of Investor relations
Ph: +7(495)6636677, ext. 152
e-mail: ir@okmarket.ru
www.okmarket.ru
Artem Glushchenko
Head of Public relations
Ph: +7(495)6636677, ext. 338
e-mail: corpcom@okmarket.ru
www.okmarket.ru