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Rubliovskiy III

Sector: Commercial • Location: Belarus

Source: International Finance Corporation (IFC)

Project
Completed

The proposed IFC investment, in the form of a corporate loan, will support the expansion plans of Rubliovskiy to open 25 stores in 2012-2014 (the “Project”), in addition to the existing 45 stores. Expansion targets will be mainly achieved through construction of new stores - the company is planning to construct 16 new stores in 2013-2014. Till recently, Rubliovskiy operated in 3 different formats

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Project Information

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The project “Rubliovskiy III” is an infrastructure initiative in the Commercial sector, located in Belarus. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Email

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Description

Description

The proposed IFC investment, in the form of a corporate loan, will support the expansion plans of Rubliovskiy to open 25 stores in 2012-2014 (the “Project”), in addition to the existing 45 stores. Expansion targets will be mainly achieved through construction of new stores - the company is planning to construct 16 new stores in 2013-2014. Till recently, Rubliovskiy operated in 3 different formats: (a) mini with the trade space area of up to 350 sq.m., (b) standard (350 - 800 sq.m.,) and (c) supermarket (800-1,100 sq.m.), with average sales area of about 490 sq.m. In 2013 Rubliovskiy chain started a new format «Supermarket XL», where sales area is exceeding 1,100 sq.m. Expansion project also envisages the increased share of supermarkets in the company’s portfolio. As the result, by the end of 2014, the average trade area of Rubliovskiy stores will reach 670 sq.m.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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