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ERA had its Annual Meeting at the Moscow based Plekhanov Russian Academy of Economics, which earlier this year had its 100 years anniversary. 24 professors from retail met from Belarus, Czech Republic , Germany, Ireland, Moldavia, Russian, UK and Ukraine to exchange views and to get to know the project of a fruit and vegetable terminal in Ekaterinburg. Furtheron they honoured Moscow Minister Prof. Dr. Vladimir Malyshkov to become member of the ERA Hall of Fame. Discussions as well as store checks for example at the Shopping Centers “Lotte Plaza” and “Europeysky “showed the fantastic boom of Russian retail. The top 10 players in the Russian market are X5 with 619 stores and turnover of 3.46 billion US$, Euroset (4,500/3.00), Magnit (1,893/ 2.85), Metro (42/2.55), Eldorado (500/4.5), Auchan (10/2.02), Mvideo (85/1.38), Svyasnoy (1,200/1.11), Sedmoy Kontinent (122/1.04), Spektor (81/1.01)

 


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