Azbuka Vkusa is planning to expand the retail chain of premium-class supermarkets up to 50 stores till April 2012. In the financial year 2011 the company is planning to open 10 new stores, 3 of them have already been put into operation. At the moment the chain includes 43 stores.
The opening of one store requires about USD 4 mln investment. In 2010 the company’s net profit grew fourfold to RUB 978.8 mln from RUB 237.9 mln in 2009.
Source: www.retail.ru