OREANDA-NEWS. On 15 May 2008 was announced, that JSC “The Seventh Continent” April 2008 trade sales increased 34% YoY. The growth in sales in the hypermarket format for April 2008 reached 64% and the growth in regional sales reached 60% YoY.

Based on management accounts the Company’s April 2008 gross retail sales[1] increased 34% and reached USD 153 mn.

As of the end of April 2008 the Company managed 134 stores, including 125 supermarkets and 9 hypermarkets.

As of the end of April 2008 the selling space of the Company’s stores under the brands “The Seventh Continent” (supermarkets), “Nash Hypermarket” (“Our Hypermarket”) and “Prostore” accounts for 167,3 th. sq. m. and increased 17% compared with the same period of 2007.

In April 2008 the Company opened 1 supermarket with selling space 419 sq. m. in the “Seventh Continent – Next Door” format in Moscow (address: Zaraiskaya Street, building 53).