"Metro Cash & Carry" is ready to build shops in Kazan

November 4, Kazan Kremlin, the President of Tatarstan Mintimer Shaimiev has received the representatives of the company "Metro Cash & Carry " headed by its director general Herbert Tzlabinger.

The company " Metro Cash & Carry ", founded in Germany in 1964, enters in a third by size the international trading group " Metro AG ". For today shopping centers of the company, which sales volume the last year exceeded 22 billion euro, are available in 23 countries of Europe, Asia and Africa. In the Russian market " Metro Cash & Carry " appeared two years back. In Moscow three shops of this company offer to buyers about 18 thousand denominations of food and non-food products.

During the meeting in the Kazan Kremlin M.Shaimiev has expressed interest at the presence of the company having high international reputation, at Tatarstan market. It would be desirable, he noted that the present meeting poured out in mutually favourable project.

The unity of intentions of the parties was confirmed as well by director general "Metro Cash Carry " Mr. H.Tzlabinger. In interview to journalists of republican mass media he, in particular, noted, that the first acquaintance with capital of republic had struck with its scale conducted here construction and an abundance of new buildings. Our company is ready to to come to this region, as such large, dynamically developing megacity as Kazan for us as investors, represents unconditional interest. As our company specializes on small wholesale trade, we may offer city construction and the further service of retail trading complex. The company completely is ready to undertake investment of this project, he told.

According to RT minister of trade and external economic cooperation Hafiz Salikhov, during a meeting the arrangement was achieved that the first shop "Metro Cash and Carry " will appear in Kazan in 2004. This company represents for us interest not only from the point of view of high technology in wholesale and trade, but also an opportunity of promoting our products with use of its trading network to other regions of Russia. Tatarstan makes qualitative articles of food, and "Metro Cash & Carry " in its turn substantially is oriented for attraction of local manufacturers.

The mayor of Kazan Kamil Iskhakov, director of Department of foreign relations of RT President Timur Akoulov also took part in the meeting.