The government of Moscow region has estimated the size of investments of Metro Cash & Carry

The European company Metro Cash & Carry plans within three years to invest in the suburbs 80 million euros. On Friday, July 7, the TV channel “360” with reference to the Minister of consumer market and services of Moscow region Vladimir posazhennikov.

“Metro Cash & Carry Moscow oblast is one of the key regions in the development plans of the company’s business. Future investments will create new jobs and increase revenues to the consolidated budget of the Moscow region”, — said the official.

According to him, to date the company has invested in the development of the enterprises of the Moscow area of 160 million euros.

The Russian part of Metro Cash & Carry owns 89 shopping centers in 50 regions of the country. Only on the territory of the Russian Federation 20 thousand employees of the company, said the TV channel.

On 23 June, the Minister of investments and innovations of Moscow region Denis Butsaev said that after the road show, held in Germany, a dozen companies from Hamburg and 12 companies from Nuremberg became interested in the possibility of localization of production in the region. In particular, representatives of the Metro Group announced its readiness to invest in the region about 100 million Euro until 2020. The first agreements reached during the road show of the agreements is planned to sign in November.

Metro Cash & Carry founded in Germany in 1964, is the third largest retailer in Europe and fourth in the world. On the Russian market came in 2000.