Currently no plans for DIY stores in Moscow

Saint-Gobain has denied press reports saying that it intends to open DIY superstores in Moscow. A spokeswoman for the group said that, within the building materials division, thought is merely being given to activities in various countries, which include Russia. One possibility might then be entering the market in the vicinity of Moscow with the specialist retail format Plattform, which the group already operates in Hungary, Poland and Britain. Saint-Gobain already has a delegation at work in Russia. The spokeswoman also confirmed that there are plans for acquisitions amounting to a total value of between € 400 and € 500 mio, which could also affect the trading division.