Expectation of double-digit increase in Russia

On the occasion of the DIY Summit in Moscow, EDRA's general secretary John Herbert gave an interview to the industry portal retail.ru in which he emphatically acknowledged the work, commitment and capacity for development of his Russian colleagues. "The Russian market is perhaps the No. 1 boom market for DIY in the world today. We are going to see considerable growth in the coming years, and it will be interesting to see who are the winners in this market in the future," said Herbert. "From all I heard and saw at the outstanding DIY Forum in Moscow at the end of May, I expect sales to increase 'double digit' in 2010."
At present the general secretary of the European DIY Retail Association doesn't see any other significant DIY multiple from Europe or the US pushing onto the Russian market. He believes that the Russian retail companies, which are rapidly becoming more professional, will always have a dominant place in their home market.