Stockmann Group

 

Finnish retailer Stockmann got rid of the last asset in Russia

Business●19.10.2018

Stockmann Group has been looking for a buyer for Nevsky Center since the end of 2016. The mall will buy PPF Real Estate of Czech billionaire Peter Kellner for 171 million euros.

Morgan Stanley refused to buy the last Stockmann asset in St. Petersburg

Business●14.08.2018

This decision could be connected with US sanctions against Russia.