Market entry in Russia

The Finnish Kesko Group is evidently on the verge of entering the retail market in Russia. The company is already active there in the wholesale sector, delivering to the Russian DIY group Maxidom. As Simon Manner, executive vice president of the Kesko subsidiary Rautakesko, said on the periphery of the Chicago National Hardware Show, the group could well open an outlet in Russia in the course of next year. Manner also declared that Kesko is the market leader for DIY and building supplies in Finland, with a share of 37 per cent.