OREANDA-NEWS. Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its first hypermarket in Zheleznovodsk, Stavropol Krai.

The new store is a Lenta standard format hypermarket located at 29 Geologicheskaya Street, Inozemtsevo Village, Zheleznovodsk. The store has a total area of 12,000 sq.m, with 7,018 sq.m of selling space and is open 24 hours a day, seven days a week. A broad product assortment of approximately 28,000 SKUs has been selected specifically for residents of Zheleznovodsk and includes Lenta's private label and federal product ranges alongside local produce. The store has 612 parking spaces and 41 cash registers. The property is owned by Lenta.

Lenta's Chief Executive Officer, Jan Dunning said:

"The latest opening in Zheleznovodsk is our first in the Stavropol Krai of the North Caucasian federal district. New customers in Zheleznovodsk can now benefit from Lenta's high quality product offering and attractive price proposition as we look to pass on savings generated by our efficient operations to our shoppers.

We look forward to growing our presence further in Stavropol Krai and working with local suppliers to bring customers the best local produce."

This latest opening in Zheleznovodsk is Lenta's 25th hypermarket opening in 2014 and brings the total number of Lenta stores to 102 hypermarkets in 60 cities across Russia and 22 supermarkets in the Moscow region.