Business
Posted: 1 year ago

SPAR is Entering the Market of Kazakhstan

The Dutch company SPAR, which specializes in supermarkets, enters the market of Kazakhstan. The mentioned information is placed on outdoor advertising banners in Almaty. 

It is mentioned on the company's website that the chain has granted a license to manage the brand in Kazakhstan to the company "Skiff Trade", which in turn manages the chain of Small stores in Kazakhstan.

"The license was issued from January 1, 2022. The group manages a retail and distribution network in the country. The first SPAR stores in Kazakhstan will open in 2022," the company's statement said.

The report of the network mentions that by launching SPAR in Kazakhstan, the company plans to strengthen its position in Central Asia. "We predict further development in this region in the short and long term," the document says.

It should be noted that SPAR announced its entry into the Kazakhstan market back in 2015 while participating in the Asian Business Summit Retail & Distribution 2015.

SPAR was founded in 1932. Today, SPAR International unites 13,600 stores in 46 countries under its brand. In 2021, the total sales of the network will amount to 41 billion euros.

As for the Kazakh supermarket chain Small, according to Kazakh Forbes, it has been operating on the market since 1999. According to the company, the chain of stores is visited by 4 million people per month. The company has 100 stores and 8,000 employees across the country.