Double opening in Moscow

OBI has announced that it plans to open both the stores scheduled for Moscow at the same time in autumn 2003. The two outlets in the north-west of the Russian capital are being erected as detached buildings, each with a retail area of 16 000 m² including a garden centre. They are situated in the immediate vicinity of Ikea outlets in Kommunarka and Khimki, and are being run as joint ventures with a Russian partner, DIY-Projekt. Construction work should be commencing imminently, according to information from the German market leader.