Grocery operator Vester launched its second outlet in Minsk, the capital city of Belarus. Investments in the supermarket, taking up 2,400 m2, comprised some $2m. The store features 10,000 SKUs.
Overall, Vester is to open three new hypermarkets in Ukraine by the end of 2008, Interfax reported. Vester Hyper outlets will appear in Khmelnitsky, Kharkov and Severodonetsk. The store in Khmelnitsky will be opened in Q3 2008 on an area of over 4,500 m2. The investments in this outlet will exceed $3.2m.
In addition, this year Vester is to start projects on the opening of hypermarkets in Borispol and Sevastopol, Interfax reported. Overall, the company aims to invest some $41m in the launch of 13 outlets, jointly covering over 45,000 m2 in Kharkov, Mariupol, Sevastopol, Khmelnitsky as well as in Lvov and Dnipropetrovsk Provinces. By 2011 Vester is to open 50 hypermarkets and 24 supermarkets, taking up 307,000 m2 in 35 Ukrainian cities. Currently, Vester operates a chain of 52 outlets in Russia, Ukraine, Kazakhstan and Belarus.