Amstor Opens Its Second Supermarket in Kiev

11.03.2013

Amstor national retail chain consolidates its presence in the capital of Ukraine having opened its second store of the ‘Supermarket of Taste’ format in Solomenskiy district of Kiev. Thus, the total number of the network’s stores has increased to 28 supermarkets.

The new store is located in Marmelad shopping centre, at 154 Borschagovskaya Street. Its total area is 4.21 thousand square meters and its sales area amounts to 2.690 thousand square meters.

The opening of the network’s second supermarket in the capital of Ukraine is the next stage in implementation of the company’s strategy aimed at consolidation of its status as the national retailer. Shortly, the company plans to open its new stores in Donetsk and Zaporozhye. In 2013, Trading House Amstor plans to expand its network to 33 supermarkets.

The concept of the ‘Supermarket of Taste’ provides that the focus is put on the fresh goods category. The share of this commodity category is supposed to account for over 60% of the sales area and its assortment is intended to amount to about 20,000 items.

The supermarket will traditionally offer a wide range of goods of its own production, as well as products manufactured under Amstor’s trademarks, in particular, Dobra Vygoda, Delicatesse, Bazhana Marka (food products); ESTO (non-food products).

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Trading House Amstor was set up in 2003. It operates the same-name Ukrainian retail chain and is part of Smart-Holding (Kiev), one of the largest financial and industrial groups of Ukraine.

Amstor retail chain currently numbers 28 supermarkets and hypermarkets (with more than 10 thousand employees) in 13 cities of 6 regions in Eastern, Central and Southern Ukraine.

Smart-Holding is one of the largest investment groups in Ukraine with focus on key industries of the economy, including metals and mining, oil and gas, banking sector, shipbuilding, real estate and agriculture.

Smart-Holding’s strategy is aimed at efficient management of a diversified portfolio of the Group’s assets by increasing its value in the long run and by searching for new business development directions. Smart-Holding’s investment activities are focused on the investments both in Ukraine and in the countries of CIS and Eastern Europe. Smart-Holding participates in the projects as a strategic and portfolio investor.

For additional information, please visit: www.smart-holding.com