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Strong growth expected in the Russian market retail
Russia
Monday 12 December 2011
MD
The Russian retail market has rebounded and is expected to maintain momentum over the coming years.
The Russian retail market continues to show signs of recovery and should maintain momentum for the coming years.
The Russian retail market recorded a growth rate of 28.1% in 2008 and 4.7% in 2009 due to the financial crisis. In 2010, new strong growth of 12.9% to RUB 16.5 tr ($542.5 billion). Two digit
growth is expected this year.
In 2013 the Russian retail market is expected to reach $800 billion, according to the analysis from consulting firm PMR.
In Russia, the leading playerr remains X5 Retail Group (which operates the brands Pyaterochka, Perekryostok, Karusel), followed by the Tander and French group Auchan.
In 2013 the Russian retail market is expected to reach $800 billion, according to the analysis from consulting firm PMR.
In Russia, the leading playerr remains X5 Retail Group (which operates the brands Pyaterochka, Perekryostok, Karusel), followed by the Tander and French group Auchan.
sources : openpr com
