The company will build a distribution center for 140,000 sq. M. in the Dmitrovsky district.
In the first half of 2018, investment fell by 41% compared to the same period last year.
He is in talks with Leroy Merlin about selling a chain of stores for the house and repairing K-Raut. If the deal breaks, Kesko will not be able to leave the Russian market.
The number of DIY stores in Russia has decreased.
Starik Hottabych chain owned by Grigory Kozhemyakin went bankrupt, and the income from his other project, Stroydepo, ceased to grow. But the entrepreneur does not abandon the attempts to teach the Russians to do the repair properly.
The arbitration court initiated bankrupcy proceedings of the company related to the ex-Minister of Justice of the Republic of Tatarstan; it will last at least until May, 2014.