Ozon Holdings PLC - ADR

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Products, Expansion

Russia's Ozon invests RUB 4 bln in fulfilment centre in the Volga region

Published: 06/07/2021 14:16 GMT
Ozon Holdings PLC - ADR (OZON) - Russian Online Retailer Ozon , Ozondr.
Mm Will Invest 4 Billion Roubles ($54.84 Million) to Open a Large Fulfilment Centre in the Volga Region.
The Agreement With Samara Region Was Signed at St Petersburg International Economic Forum (spief).
The Commissioning of the Fulfilment Centre With an Area of ​​75,000 Square Metres is Expected in the First Half of 2022.
"samara is the Most Important Epicentre of Entrepreneurship in the Volga Region, and It is Important for US to Support the Rapid Growth of Online Trade Here by Building a Large-scale Logistics Hub," Ozon Chief Executive Alexander Shulgin Said.
($1 = 72.9340 Roubles).
Further Company Coverage: Ozono (reporting by Olga Popova.
Writing by Gdansk Newsroom).
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