METRO Sales Division launches 1st outlet in Moscow
08 Aug '05
3 min read
The hypermarket is located in an attractive New Trade entre and has a sales area of almost 10,000 sqm. The investment of Real for its first Russian store amounts to € 25 million. In 2005 Real plans to open up two further stores in Russia.
German based METRO Group sith sales of € 56.4 billion (2004) METRO Group is the world's third largest retailing group. The company has a headcount of more than 250,000 employees and operates around 2,400 locations in 30 countries. The operating business is performed by the sales divisions which operate independently in their respective markets: Metro/Makro Cash & Carry – world market leader in cash & carry wholesale, Real hypermarkets, Extra supermarkets, Media Markt and Saturn – the European market leader in consumer electronics centers, Praktiker home improvement and DIY centers, and Galeria Kaufhof department stores.
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