We opened Russia's first two METRO Cash & Carry wholesale stores in Moscow in 2001. Today, we are present in most of this huge country - from Kaliningrad to the Siberian city of Irkutsk. There has been a group office in Moscow since 2005. We maintain active dialogue with the most important state and social institutions in Russia. In doing so, our office consistently promotes economic liberalisation. The new METRO's group office in Moscow also focuses on supporting small and medium-sized enterprises, which are at the heart of our business model. Furthermore, the new METRO is dedicated to adopting sustainable solutions throughout the value chain – including firmly establishing the very highest quality standards. We are also actively discussing the climate for investment and expansion in Russia with relevant stakeholders at both federal and regional level.
Our group office is involved in numerous international, European and Russian associations - from the Retail Companies Association ACORT to the Russian Chamber of Commerce and Industry. The director of our Moscow group office, Alexey Grigoriev, is Chairman of the Association of European Businesses (AEB) Retail Committee. METRO also plays a key role in self-regulatory authorities in the Russian consumer market, where it is a member of organisations including the national committee which oversees compliance with the Russian Corporate Conduct Code. The Foreign Investment Advisory Council (FIAC) is of particular importance to us as it gives international investors a concerted platform to enter into direct dialogue with the head of the Russian government on current and strategic economic issues.
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