Source Pravda.Ru

Metro Cash & Carry to invest EUR17m in third trading center in Russia

The Nizhny Novgorod regional administration and German company Metro Cash & Carry will sign an agreement on the construction of a Metro Cash & Carry trading center in Nizhny Novgorod, acting governor Yury Sentyurin announced after a meeting with representatives of Metro Cash & Carry. This agreement is expected to be signed within a week.

The construction of the Metro Cash & Carry center is expected to begin a year later, in September 2003, and it will be opened in April 2004. The volume of investments in this trading center was set at about EUR 15-17m. The annual turnover of the center, which will provide new jobs for 450-500 specialists, is forecasted to reach EUR 80m.

According to the acting governor of the Nizhny Novgorod region, the new Metro Cash & Carry trading center will become the third in Russia. The first two Metro Cash & Carry centers are operating successfully in Moscow now.

©

&to=http://www.metro-cc.com/ie/englisch/default_e.cfm' target=_blank>Metro Cash & Carry

Comments
North Korea is not a threat to the US
North Korea is not a threat to the US
Torturing Jerusalem with USA's help: No peace, but eternal war for Jews and Arabs
Tel Aviv, Jerusalem, capitals and puppets
North Korea is not a threat to the US
North Korea is not a threat to the US
North Korea is not a threat to the US
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
North Korea is not a threat to the US
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
North Korea is not a threat to the US
Donbass without militia will be worse than Srebrenica - Putin
Russia not pulling out from any international agreements, Putin says
USA to ruin Russian-Japanese relationship with the help of Aegis Ashore system
Putin to Sobchak: We will never let them turn Russia into another Ukraine
North Korea is not a threat to the US
Should Russian athletes go to non-Olympic Games in South Korea?
Russia on the eve of another Crimea referendum
Russia to install laser navigation system on the Moon