Danone & Unimilk Create a Unified Company in Russia

French Danone in Russia and CIS and OJSC "Unimilk" create a unified company.Danone will control 57.5% of the new structure. 

The agreement was signed on Friday in St. Petersburg by CEO of Unimilk Andrei Beshmelnitsky and  president of Danone Franck Riboud, in the presence of First Vice Prime Minister of Russia Viktor Zubkov, of Economy and Finance Minister of France Christine Lagarde.

French Auchan Opens 13th Hypermarket in Russia

French retailer Auchan intends to open in April the 13th in Russia hypermarket of its retail chain "Auchan City". it will be located in Moscow at the shopping center "Filion" in areas that previously belonged to the French network  Carrefour.  

Auchan concluded with "Extract-Fili", owning Trade Centre "Filion", the lease agreement of the former Carrefour area for a period of 34 years. Trade area of the new hypermarket will be 4,5 thousand square meters. 

French trade group Auchan founded in 1961 by Gerard Myule, consists of more than 1,200 stores in 13 countries. Annual turnover in 2008 amounted to 39,5 billion Euro.  

In the Russia market Auchan operates since 2002. There are  24 hypermarkets "Auchan", 12 hypermarkets "Auchan City", two stores "Auchan-Garden" and two hypermarkets "Rainbow".

  

Nat Lawyer