Siberia | Retail, FMCG | Real estate

OKeys $14.7m Omsk shopping mall posted

15 Apr '09
St. Petersburg based retailer OKey intends to build a $14.7m shopping and entertainment mall in Omsk, Valentin Frenzel representing the project investor, Luxemburgs Dorinda Holding S. A., said today.

The 12,000-square-meter project reportedly has four-year payback.

According to Mr. Frenzel, Dorinda Holding S. A. has long-term plans to build two hypermarkets in each of the Russian cities with population of more than 1 million.

Construction of the OKey Omsk mall will reportedly kick off in the fall of 2009 and is to be completed in Q4 2010.

OKey is a nationwide retail chain currently running 43 hypermarkets throughout Russia.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content

Locations: Omsk; Omskaya oblast

Tags: hypermarket (95) / O'Key (4) / shopping mall (24) / Valentin Frenzel (0) / Dorinda Holding S.A. (0) /

Latest News: Siberia
22 Jan '18 | Technology & innovation
10 Jan '18 | Energy, utilities | Materials, extraction
22 Dec '17 | Energy, utilities | Technology & innovation
6 Dec '17 | Materials, extraction | Finance, business
10 Nov '17 | Technology & innovation | Energy, utilities
 

Feature stories

21 Nov '17
Russian scientists have come up with what they say is...
7 Sep '17
26 Jul '17
Scientists at Tomsk Polytechnic (TPU) in Siberia have...
Search (News archive - 21211)
Advertising
Independent Software Developers Forum
Advertising
Marchmont News

Latest News

20 Feb '18
Yandex, the NASDAQ-listed Russian search giant, and...
19 Feb '18
Scientists in Vladivostok, in Russias Far East, have...
16 Feb '18
Hemopharm, a Russian biotech company, is developing a...

Most read stories from last week

19 Feb '18
Scientists in Vladivostok, in Russias Far East, have...
20 Feb '18
Yandex, the NASDAQ-listed Russian search giant, and...