The German-based retail chain with hypermarket stores spread out across several regions of Russia saw an increase in sales on the Russian market by about 31 percent in 2009. Despite the increase in sales, the company experienced a net RUR 1 billion loss from its operations in Russia.
The revenue from sales of the Real hypermarket chain in Russia was RUR 21.5 billion in 2009. In 2008 the company posted sales results of RUR 16.4 billion. The company’s gross profit increased from RUR 3.3 billion to RUR 3.9 billion. The net losses that the store chain experienced in 2009 were actually lower than the losses in 2008 – RUR 1.01 billion compared to RUR 1.64 billion.
According to the representatives of the Germany-based Metro Group responsible for the management of Real hypermarkets, the chain’s overall revenue in 2009 went up by 8 percent to end at EUR 437 billion.
In 2010, the group opened 3 new stores in Russia. There are now 15 Real hypermarkets in the country.