Business Finland 5/2011

Page 17

retail & shopping

The CEO of Stockmann plc Mr. Hannu Penttilä, believes that Russian retail consumer experiences today can match with any other country. “We do our best with Stockmann department stores to offer Russians the best shopping opportunities.”

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URRENTLY there are seven Stockmann department stores in Russia, of which five are in Moscow. The department store in Mega Shopping Centres Tepliy Stan and Khimki were opened in 2004, and the one in Mega Belaya Dacha in February 2007. The fourth department store in Moscow started in the Metropolis Shopping Centre in February 2009. The fifth department store was opened

in the entertainment and shopping centre Golden Babylon in Moscow in March 2010. The newest department store was opened in St. Petersburg Nevsky Prospect in November 2010, in the very heart of Russia’s second city. Another new venue was opened in Yekaterinburg in March 2011. All these units make the Stockmann brand quite well-known in Russia’s two biggest cities. The third city where

Business Finland 5/2011

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