MOSCOW TIME: 21.01.2019 06:33:50

Companies + Local News + Markets

Leroy Merlin opens in Saratov

Leroy Merlin opens in Saratov

A large construction mall owned by Leroy Merlin, a French company, has been launched in the Volzhsky District of Saratov. The event was attended by city and regional leaders.



Leroy Merlin opens in Saratov


A large construction mall owned by Leroy Merlin, a French company, has been launched in the Volzhsky District of Saratov. The event was attended by city and regional leaders. This investment project was earlier called by representatives of regional authorities as one of the most significant initiatives with the total amount invested by the French company exceeding RUB 1 billion. New job opportunities were created thanks to the construction of the new hypermarket. More than 360 persons will be employed by the facility and offered a full social package. Overall, Leroy Merlin has been doing its business is Russia for a long time and its Saratov-based mall is the 57th one in succession. The Saratov based hypermarket is located right at the entrance into the city, in close vicinity to the "Ivolgino" District that is currently under construction. I.e. the facility features good vehicle access. Governor Valery Radayev of the Saratov Region, who visited the facility on its opening day, noted that Leroy Merlin's hypermarket was one of several investment projects being implemented in the Region and featuring foreign capital. He reminded that SNF (France) planned to launch acrylamide and polyacrylamide facility based on Saratovgorsyntez and an Austrian investor was constructing a plant to manufacture hydro turbines and components in Balakovo. The Governor of the Region believes that this attests to a high level of confidence in the Region expressed by investors. Mr. Deni Shiz, a Deputy CEO of LLC Leroy Merlin Vostok, took the occasion to express gratitude to Valery Radayev and the Administration of the Regional Center for their assistance provided to facilitate the implementation of the investment project.



Share this:

Share this Share this Share this

NEWS


18.01.2019 Russia Expanded Skiing Suit Import

For the first 11 months of 2018 Russias skiing suit import had a 2.4-fold increase and amounted to $4.2 mln.

18.01.2019 Russias Import From Georgia Increased

From January to November, 2018 Russia-Georgia stood at $1.23 bn and rose by 28% compared to the same period of 2017.

18.01.2019 Russia-Mongolia Trade Turnover Expanded

For the first 11 months of 2018, Russia-Mongolia Trade Turnover amounted to $1.4 bn and went up by 18% compared to the same period of 2017.

EVENTS


01.10.2019 RUSSIAN ENERGY WEEK

October 1-5, 2019 Moscow (Russia)

08.07.2019 INNOPROM 2019

July 8-11, 2019 Ekaterinburg (Russia)

06.06.2019 St. Petersburg International Economic Forum 2019

June 6-8, 2019 St. Petersburg (Russia)

INTERVIEWS


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education


03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

Our partners