Investment in Russia

12.12.2014
Obi plans to open 18 stores in three years, Leroy Merlin plans ten stores per year

In the coming three years Obi plans to invest around € 250 mio in Russia, as well as the construction of 18 new stores, according to CEO Ian Strickland, in an interview given to the financial newspaper Kommersant. Leroy Merlin is also sticking to its plans to open ten new stores every year, the newspaper further reported.
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