PropertyEU

Arbat Prestige eyes Russian and Ukrainian expansion

By A staff reporter 2007-03-23T00:00:00

Russian businessman Vladimir Nekrasov has bought back 40% of his cosmetic retail chain Arbat Prestige from investment company Troika Dialog for $400 mln. Nekrasov said he is planning to open 300 new stores of the chain in 2007 in Russia, which will add to the existing 64 ones at present. ...

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