Ian Cheshire, CEO, Kingfisher PLC, UK: We see Russia as a priority country for investment

Ian Cheshire, CEO, Kingfisher PLC, UK: "...The Russian market will become one of the most important ones for us for the next 5–10 years. Despite the crisis, we are going to see its growth even by the end of this year. Home owners, and especially suburban real estate owners, have a positive attitude towards their renovation and refurbishment. Short-term crises phenomena will not be able to stand up to long-term growth prospects. However, the organized commerce share in Russia is still very small. We see great potential for growth in order to improve the quality of goods and services supply to Russian consumers, in response to major changes in consumer preferences, in particular, to new trends in interior decoration and technological innovations. As a global player, one of the major public companies in the retail market, we see Russia as a priority country for investment ..."

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