Eurotorg's Half-Year Results: Exclusive Interview With CEO Andrei Zubkou
Belarus' Eurotorg has posted a 11.5% increase in net retail sales in the first half of its financial year, underlining the company's status as 'one to watch' in CEE retail.
ESM: European Supermarket Magazine caught up with Eurotorg chief executive Andrei Zubkou, to discuss the company's half year results and where it sees future growth opportunities developing.
ESM: In recent quarters, Eurotorg has been able to build both like-for-like traffic and basket size; what have been the driving factors behind this?
Andrei Zubkou: The increase in like-for-like traffic has been supported by a favourable macro environment, as the Belarusian economy has continued to accelerate, with real GDP growth reaching 4.5% in H1 2018, building on the recovery that we saw in 2017.
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