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Wal-Mart Investment in Russia One Step Closer

April 15th, 2008 · 2 Comments · Russia Investment

Wal-Mart Stores Inc, the world’s largest retailer, is one step closer to an investment in Russia with the appointment of Stephan Fanderl as president of Wal-Mart’s Emerging Markets-East according to AP.

With a key European executive Fanderl in place, Wal-Mart is now poised to enter the $140 billion Russian food sales market as it looks to invest in Russia through a local acquisition which will likely carry the name.

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2 Comments so far ↓

  • cheryl

    Russia and American working classes should join forces and place our leaders on warning. They are not to become rich being in power, they are to help the people live in a country that separates company’s profits from the hands of the government. People in both countries should be able to speak out against their governments freely and without reprise…Putan should give money back to the people he took it from.. 13 bill, he could jive each russian 500,000 for their personal investments.. it was they money he took. US gvmnt should give Americans who have worked for 15+ yrs 70% of what they earned which should come form the company’s who have stole are money by over taxing, stealing but charging my for then the price is worth, and by have our money place in a prisions to take care of all those criminals who our gogvmnt have given free rides to for ever. Let the judges pay for these people to eat and sleep

  • cheryl

    Puten should be deposed.

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