OREANDA-NEWS. On 29 July 2008 was announced, that in a move to further presence in Russia’s regional centers, the RTM Group and Billa Russia (of supermarket chain Billa currently operating 39 stores) had signed a lease for retail premises at Demidovski Shopping and Entertainment Center in Tula.

Under the twenty-year lease, Billa Russia will be renting from the RTM Group a total of 1,562 sq. m. of retail space at SEC Demidovski in Tula. This will be European chain’s second supermarket outside of Russia’s capital. Billa’s first supermarket in a regional center was also opened in Tula, at RTM Group’s shopping and entertainment center Intercity.

Commissioned by the RTM Group in May 2007, SEC Demidovski’s gross area is 13,500 sq. m. The SEC’s list of tenants includes popular international and Russian brands such as Tekhnosila, BANANAMAMA, Modis, Addidas, Crazy Galaxy, and others.

"Supermarket chain Billa is already renting from the RTM Group a total of 54,500 sq. m. of retail space in 19 locations in Moscow, as well as another property in Tula", notes Vladimir Kireenko, General Director of JSC RTM. "We value the fact that Billa Russia is expanding its regional presence together with the RTM Group".