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Lenta

December 30, 2015

Lenta opens its second hypermarket in Ufa

With this opening, Lenta expands its network in the Volga Region to 26 hypermarkets in 18 cities

St-Petersburg, Russia; 30 December, 2015 – Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its second hypermarket in Ufa.
The new store is a Lenta compact format hypermarket located at 25 Bakalinskaya str., Ufa, in Ultra City Mall shopping centre. The store has a total area of 7,500 sq.m, with 4,039 sq.m of selling space and is open 24 hours a day, seven days a week. A broad product assortment of 16,000 SKUs has been selected specifically for residents of Ufa and includes Lenta’s private label and federal product ranges alongside local produce. The store has 500 parking spaces and 22 cash registers. The property is owned by Lenta.
The opening in Ufa is Lenta’s thirty-first hypermarket opening in 2015 and brings the total number of Lenta stores to 139 hypermarkets in 68 cities across Russia and 32 supermarkets in Moscow and St. Petersburg.
About Lenta
Lenta is one of the largest retail chains in Russia and the country’s second largest hypermarket chain (in terms of 2014 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 139 hypermarkets in 68  cities across Russia and 32 supermarkets in Moscow and St. Petersburg, with a total of approximately 884,580 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 6,100 sq.m. The Company operates six owned hypermarket distribution centres.
The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 30,655 people as of 30 June 2015 .
The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.
A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

For further information please visit www.lentainvestor.com, or contact:

Lenta
Anna Meleshina, 
Public Relations & Government Affairs Director 
Tel: +7 812 363 28 53 
E-mail: anna.meleshina@lenta.com

Anastasia Kuznetsova, 
Corporate Communications Manager 
Ňel:+7 (812) 336 39 97 
E-mail: a.kuznetsova@lenta.com

Instinctif Partners 
International Media: 
Mark Walter and Saule Jandossova 
Ňel:+44 (0)20 7457 2020 
E-mail: Lenta@instinctif.com

Primum 
Russian Media: 
Alexandra Semenova and Marina Shvyrkova 
Ňel:+7 903 591 1519 
E-mail: Lenta@primum.ru

[1] According to Lenta’s methodology for calculating number of cities of presence, since 1 May 2015 all cities located in Moscow City and the Moscow region are shown as Moscow, and all cities located in the Leningrad region and St. Petersburg are shown as St. Petersburg. 
[2] FTE (full-time equivalent). Average FTE for 1H2015 was 29,776 employees.

 

 

 

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