OREANDA-NEWS. On 05 March 2009 was announced, that JSC “The Seventh Continent” (further referred to as the Company) January 2009 trade sales in ruble terms increased 12% YoY.

The growth in sales in ruble terms in the hypermarket format for January 2009 reached 46%. The growth in regional sales in ruble terms for January 2009 reached 31% YoY.

Based on management accounts the Company’s January 2009 gross retail sales[1] reached 3 612 mn. rubles or USD 114 mn.

As of the end of January 2009 the selling space of the Company’s stores under the brands “The Seventh Continent” (supermarkets), “Nash Hypermarket” (“Our Hypermarket”) and “Prostore” accounts for 171,8 th. sq. m. and increased 16% compared with the same period of 2008.