German supermarket group Rewe plans to add 20 stores to its Russian network this year after reporting a 35% growth in sales last year. The company, which currently employs a staff of about 2,800 across 58 Russian stores said that, despite the challenges due to the current economic situation, its business performance on the Russian market has to date been very successful.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
