Russia: Petrovich reports 22% growth in 2019

EDRA/GHIN Member Petrovich, the number two in the Russian home improvement retail segment, achieved growth of 22% in 2019 compared with the previous year, with net sales of more than RUB 60 bn (€746m).

The driver of these sales continues to be service; as the company puts it, a convenient purchase format and timely delivery. Last year Petrovich handled more than two million deliveries of building materials.

The online share of sales rose to 47% in 2019, with the biggest growth coming from the smartphone app. At the start of March, the St. Petersburg retailer opened another new store in Moscow. The new store occupies a site covering 19,000 sqm including warehouse and retail area.

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