Last year the Finnish Group Kesko announced the intention to open 4 hypermarkets in St. Petersburg and the Moscow Region in the next 2 years. The land plot for the construction has already been chosen. Kesko Food is planning to reach 500 mln Euro net sales by 2015. Kesko Group is operating about 2,000 clothes, food and construction materials stores in Scandinavia, the Baltic states, Russia and Belarus.
Source: www.retail.ru