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Belarus' Eurotorg Looks Forward To 'Positive' Year

Published on Apr 30 2019 1:00 PM in Retail tagged: Trending Posts / Euroopt / Belarus / Eurotorg / Paywall

Belarus' Eurotorg Looks Forward To 'Positive' Year

Belarus-based Eurotorg, the company's biggest retailer, has said that it expects 'positive trends' in the country's macroeconomic environment to continue, boosting both the retail segment and Eurotorg in particular.

The retailer made the forecast as it published its audited consolidated financial results under IFRS 16, for the year to end December 2018.

For the full year, Eurotorg posted a 15.3% year-on-year increase in revenue to BYN 4.5 billion (€1.91 billion).

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