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 Almetyevsk, the Republic of Tatarstan.

The new store is a Lenta compact format hypermarket located in Almetyevsk, 132 Lenin Street. The store has a total area of 8,932 sq.m, with 4,681 sq.m of selling space and is open from 8 am to 12 pm, seven days a week. A broad product assortment of 19,900 SKUs has been selected specifically for residents of Almetyevsk and includes Lenta's private label and federal product ranges alongside local produce. The store has 500 parking spaces and 29 cash registers. The property is owned by Lenta.

Jan Dunning, Chief Executive Officer of Lenta, said:

"We are delighted to be expanding our presence in Tatartstan with our third store in the Republic, following the opening of stores in Naberezhniye Chelny in 2008 and Nizhnekamsk earlier this year. Lenta's unique and differentiated format, which combines the best qualities of hypermarket, cash & carry, and discount formats, will thrive both in Tatarstan and the broader Volga Region, key areas for the future development of Lenta stores".

The opening of this hypermarket in Almetyevsk brings the total number of Lenta stores to 89 hypermarkets in 51 cities across Russia and 18 supermarkets in the Moscow region.