January 18 2005, 10:30 Ukrainian retail

Fozzy Group opened three trade centers in AR Crimea

In December 2004 Fozzy Group corporation opened three new trade centers:

- "Fora" store (trading area 300 sq.m), on December 23rd, 2004, 1 Gagarina Str., Sudak;

- "Silpo" store (trading area 800 sq.m, 10 cashes), on December 24th, 2004, Fadeev Str., Sevastopol;

- "Fora" store (trading area 400 sq. M), on December 25th, 2004, 44-b Krasnoarmeyskaya Str., Yalta.

Vladimir Kostelman, the President of the corporation, commented the evens as follows - after the opening of "Silpo" store in Simferopol the specialists of Fozzy Group recognized a sufficiently high potential of Crimea and decided to open three new stores at once.

As it was informed earlier, in December 2004 Fozzy Group corporation opened two "Fora" stores in Kyiv: 54 Almatinskaya Str. And 1/35 Grodnenskaya Str. (trading areas 300 sq. m each).

Fozzy Group corporation was created in 1997, it includes the chain of supermarkets "Silpo" (53), "Fora" discounters (18), drugstores "Bud' Zdorov" (8), wholesale hypermarkets "Fozzi" (2) and shop chain "Dnepryanka" (22).

In 2003 the turnover of corporation trading chains was USD $180 mln.