PROJECT

Projects

Summary of Investment Information

Project Number

33389

Company Name

MILLEX INTERNATIONAL LIMITED

Date SPI Disclosed

Apr 5, 2013

Country

Belarus

Region

Europe

Projected Board Date

May 13, 2013

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Gbl Ind, Manufact, Agribus & Services

Industry

Tourism, Retail and Property

Previous Events

Approved : May 29, 2013
Signed : May 31, 2013
Invested : Sep 25, 2013

Sector

Retail (Including Supermarkets, Grocery Stores, etc.)

Project Description

Rubliovskiy (“Rubliovskiy” or the “Client”) is planning to open 21 new stores and acquire 4 existing stores with a combined trade area of over 30 thousand square meters (“sqm”) in 2012-2014. Rubliovskiy is the leading wholesaler and 5th largest food retailer in Belarus. The client owns and operates a chain of 45 stores and 9 warehouses throughout Belarus. The expansion contemplated by Rubliovskiy will allow it to expand on its success to-date by tapping into significantly underserved regional markets, expand its market share in Minsk and strengthen its overall competitive position.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation