OBI Doubles Its Presence in the Urals
16.10.2009 — News
THE SVERDLOVSK OBLAST.
The presence of the OBI store network in the Urals will be expanded. A DIY (Do It Yourself) hypermarket will appear in Ekaterinburg in Q3 2010.
The first OBI store was opened in the capital city of the Urals in 2006 as one of the anchor leasehoders of the MEGA Shopping Mall. The second one will occupy its own building opposite the Karnaval shopping centre.
The company has informed RusBusinessNews that the 15 thousand square meters store will offer a product range of about 50 thousand articles. Certain products will be supplied by local manufacturers.
OBI operates more than 500 stores worldwide; it entered the Russian market in 2003. The existing network includes 4 stores in Moscow, 5 in St. Petersburg, 2 in Nizhniy Novgorod, and 1 in each of Kazan, Omsk, and Ekaterinburg. In addition to the reinforcement of its positions in the Urals, the company's tactical plans include the entry to the markets of Volgograd and Krasnodar.
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