Finnish retailer Kesko is eyeing a move into the Russian grocery sector.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The company is mulling a move into Russia’s grocery market two years after setting up its first hardware retail outlets in the country in St. Petersburg.


“We have a plan and a strategy but they are only plans,” a Kesko spokesman told just-food today (20 July).


Kesko runs a food retail business in Finland but focuses on hardware outside its domestic market.


Earlier this week, Kesko posted a rise in first-half profits thanks to growth in domestic grocery sales and a drive to keep costs down.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Underlying group operating profit reached EUR156.6m (US$215.9m) during the first six months of the year. That compared to EUR126m a year ago. Group turnover rose to EUR4.7bn, a rise of 9.6% on the year.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now