According to the general director of “Auchan Russia” Jean-Pierre Germen, The Groupe Auchan” is planning to invest $150-200 million in the development of the hypermarkets “Auchan” in Russia. He has also said that “Auchan” is planning to open from 5 to 10 shops a year.
By the end of the year three more shops will be opened in Russia. The Auchan’s investition in the hypermarket in Kazan was more than 500 million rubles. The payback period will depend on the consumer’s activity.
The general director said that they are going to pay more attention to the work with domestic suppliers so that in the future they would become national.
Source: www.lol.org.ua