Auchan in 2016 in Russia will invest over 15 billion rubles next year

Moscow. December 22. The retailer Auchan plans in 2016 to increase investment in Russia and to open in the country about 10 hypermarkets “Auchan” and “Auchan city”, and about 40 supermarkets “Attacks”.

Next year investments in the Russian market can be more than 15 billion rubles, said General Director of the direction “hypermarkets”, “Auchan Retail Russia” Oleg Alhanov.

In 2015, the company’s investment in the Russian market amounted to 10-11 billion, was opened eight new hypermarkets. On Tuesday, the “Auchan” hypermarket was opened in Moscow region, which became the 92-store retailer in Russia. Investments in the project amounted to 800 million rubles.

The increase of investments next year due, in particular, construction of workshop for processing of meat in Tambov and a new warehouse in the Moscow region.

French retailer Auchan has been working on Russian market since 2002. Today, the network company in Russia unites 92 shop: classic 58 hypermarkets, 27 hypermarkets “Auchan city” and seven hypermarkets “Our rainbow”. According to base “SPARK-Interfax”, the proceeds of LLC “Auchan” in 2014 amounted 313,6 billion (growth by 17%), and net profit of 11.9 billion.