DUSHANBE, June 22, 2016, Asia-Plus – President Emomali Rahmon yesterday afternoon inaugurated the first Auchan hypermarket in Dushanbe.

The hypermarket is placed in the “Dushanbe Mo” trade center, which has been built by Closed Joint-Stock Company (CJSC) “Eurasia.”

According to the Tajik president’s official website, a total cost of the center is 110 million somoni.  Construction of the center began in April 2014 and 400 builders had been involved in construction of the center.

We will recall that the European Bank for Reconstruction and Development (EBRD) became a shareholder in Schiever Tajikistan, the holder of the franchise for Auchan hypermarkets in the country.

The EBRD and Schiever extended their partnership on June 30, 2015 by signing a shareholder agreement making the EBRD a minority shareholder in Schiever Tajikistan.

The new 5,000 m² hypermarket will not only bring competition and lower prices, but also new standards in food quality, hygiene and logistics.  The EBRD and Schiever are also working on a program to develop the Tajik food value chain in partnership with local suppliers.

Groupe Auchan SA is a French international retail group and multinational corporation headquartered in Croix, France.  It is one of the world''s principal distribution groups with a presence in 12 countries.  Auchan has branches in France, and internationally in Italy, India, Spain, Portugal, Luxembourg, Poland, Hungary, Russia, China, Taiwan, Romania and Ukraine.  Auchan has operated in Russia since 2002.