RUSSIA: Magnit lines up loans for expansion

By: Eugene Vorotnikov | 30 June 2010

Magnit, Russia's largest grocery chain in term of store numbers, plans to attract additional bank loans in the amount of RUB54.5bn (US$1.5bn) for its expansion plans.

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Magnit, Russia's largest grocery chain in term of store numbers, plans to attract additional bank loans in the amount of RUB54.5bn (US$1.5bn) for its expansion plans.

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