Continuing its activities in Kazakhstan since 1999, Migros reported to the PDP that negotiations were held with various companies for the transfer of 7 stores. It has been learned that Migros, which is under the umbrella of Anadolu Group, took this decision in order to take stronger steps in the market sector and to see the future
Migros is evaluating Kazakhstan operations
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Announcing a loss of more than 150 million liras in the second quarter of this year, Migros announced that it will sell 7 stores of its partner in Kazakhstan, Ramstore, so that investments can move forward with more confident steps.
Indicating that Ramstore, Migros’ partner, works in two sectors in Kazakhstan, a market and a shopping center, Migros also stated that its retail operations in the country in question are being re-evaluated.
Migros, which has more than 2000 stores in Turkey and abroad, has become the market leader by introducing the Kazakh people to quality retailing in the country where it has been serving for more than 21 years.