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Kesko Oyj: Kesko opened the sixth K-ruoka store in St. Petersburg


Kesko opened the sixth K-ruoka store in St. Petersburg

Kesko today opened a new K-ruoka store in St. Petersburg. The store is located
in a property owned by Kesko at Shuvalovsky Prospekt 45.

The K-ruoka store is the chain's sixth store. It is located in the fast
growing northern part of the city, in the former K-rauta building, which
became vacant when K-rauta moved to larger premises at Parashutanya Ulitsa

According toKari Heiskanen
, Kesko Food's Country Director for Russia, the K-ruoka stores in St.
Petersburg have been excellently received.

- Customers have appreciated the concept that focuses on freshness, high
quality and Finnish products. Based on the good experiences, Kesko will
continue to make capital expenditures in Russia and carefully consider every
new capital expenditure. The next two K-ruoka stores that are being built
will open in May and June.

Further information
is available from Kesko Food's Country Director for Russia, Kari Heiskanen,
tel. +7 812 331 7723.

Kesko ( is a highly valued listed trading sector company. It
manages retail store chains that are valued by customers and efficiently
produces services for retail store chains' purchasing, logistics, network
development and data management. Kesko operates in the grocery trade, the
home improvement and speciality goods trade and the car and machine trade.
Its division parent companies and chains act in close cooperation with
retailer entrepreneurs and other partners. Kesko has about 2,000 stores
engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia,
Lithuania, Russia and Belarus. Kesko and K-retailers form the K-Group, whose
retail sales totalled around €11.3 billion (VAT 0%) in 2014. The K-Group
employs around 45,000 people.

Besides Finland, Kesko seeks growth particularly in the Russian market. In
addition to six K-ruoka stores, Kesko has 13 K-rauta stores and 19 Intersport
stores in Russia. In addition, Konekesko exports Yamarin boats to Russia.


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kesko Oyj via Globenewswire


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