Russian grocer Seventh Continent has posted a 47% rise in net income for 2007 driven by store expansion and higher like-for-like sales. Net income reached US$99.2m, while net sales rose by a third to ...

Russian retailer Seventh Continent has appointed Stepan Kovalchuk as its new CEO. The appointment was made at the company’s AGM where former CEO Galina Iliyashenko was also made chairman of the board ...

MOSCOW (Reuters) - U.S. buyout fund TPG has reached agreement in principle to buy a controlling stake in Russian grocery chain Seventh Continent , a source close to the fund said on Tuesday. The ...

MOSCOW (Reuters) - French retailer Carrefour has provisionally valued Russian takeover target Seventh Continent at $1.25 billion, including its real estate holdings, two banking sources close to talks ...

The screening is set for 6 p.m. at the Nasseri Hall of the IAF. The 108-minute film will be presented with Persian subtitles as the first installment of the series “In Condemnation of Violence”. The ...