Kopeika TH OJSC is one of the leading national discounter networks. The first KOPEIKA supermarket opened in Moscow in 1998 according to the standards of Western economy class networks such as Aldi and Lidl. Since opening, the total number of network stores reached 400. The personnel of KOPEIKA Trade House OJSC increased from 50 to 10,000. In 2006 the company founded 7 Regional Branches in 7 Regions of Russia inhabited by 34% of Russian population and accounting for 44% of food retail trade turnover. The approximate revenues of KOPEIKA Trade House OJSC in 2007 rose by 53%, as compared to 2006, and amounted to $1.49bn (VAT excluded). KOPEIKA store cooperates with more than 650 Russian and foreign suppliers. 90% of goods in its stores are of domestic production. The total number of trade items in the network is supported at the level of 2500 items.
