OREANDA-NEWS. January 14, 2010. JSC "The Seventh Continent" (further referred to as the Company), fully made payment of principal loan to Black Sea Trade and Development Bank (BSTDB), reported the press-centre of The Seventh Continent.

Total amount of payment comprised USD 5.4 mn..   JSC "The Seventh Continent" announces payment of principal loan in the amount of USD 5.4 mn. to Black Sea Trade and Development Bank (BSTDB).  

About the Company:
JSC "The Seventh Continent" was established in 1994 and today is an international retail chain and one of the leading Russian national chains. The Company operates in two major formats: supermarkets and hypermarkets.

As of the end of December 2009 the Company has stores in Moscow and Moscow region (121 supermarkets and 4 hypermarkets), in Kaliningrad region (10 supermarkets), in Belgorod (1 hypermarket), in Ryazan (1 hypermarket), Chelyabinsk (1 hypermarket), Minsk, Belorussia (1 hypermarket), in Perm (1 supermarket and 1 hypermarket) and in Yaroslavl (1 hypermarket). According to the audited financial statements, prepared in accordance with International Financial Reporting Standards, in 2008 total revenues of the Company were 39.88 bln. rubles, net income 1.17 bln. rubles.

For further information please contact us: - www.7cont.ru - tel.: +7(495) 933-43-63, ext. 35 31,e-mail: pressa@7cont.ru.