The Republic of Tatarstan and Wildberries agreed to cooperate

The document provides for a comprehensive partnership between the Republic of Tatarstan and the country's leading online retailer, thanks to which new jobs will appear in the region, and small and medium-sized businesses will increase their sales in the dynamically growing market of Internet trade. The term of the Agreement is 5 years, it can be prolonged by the decision of the parties. 

The investment part of the Document provides the construction of a large Wildberries distribution center in the territory of PSEDA Zelenodolsk with an area of about 100 thousand square meters. Its opening will create about 5 thousand jobs in the region. Commissioning of the logistics complex is expected in the second half of 2020. Wildberries investments in the construction of the center will amount to about 5 billion rubles.

"Today, systematic work on the development of the e-Commerce market is underway in Tatarstan. Large e-Commerce companies such as Wildberries play an important role in this development. Thanks to this cooperation, we not only attract direct investment, but also take another step in the development of the digital economy of the Republic. For the same purpose, Tatarstan is developing a unique system for the promotion of local products, expanding the number of innovative companies entering the local market and introducing new tools for the development of entrepreneurship. I am sure that the positive effect of this cooperation can be assessed very soon – it will be noticeable at all levels: starting from an individual entrepreneur to the economy of the Republic as a whole", - said the Minister of economy of the Republic of Tatarstan Farid Abdulganiev.

"We are convinced that small and medium-sized businesses are the basis of the country's economic growth, so we are actively expanding cooperation with Russian manufacturers. From 14 thousand suppliers of Wildberries more than 8 thousand are individual entrepreneurs and representatives of SMEs. Today we successfully work with 40 suppliers from Tatarstan, for two years their number has increased by 4 times, and the turnover at Wildberries in the 1st half of 2019 increased by 200% to 170 million rubles. We are confident that due to the agreements reached, the pool of our partners from Tatarstan at Wildberries will continue to expand: a lot of talented entrepreneurs whose products will surely find its buyers in all countries of presence Wildberries develop their business in the Republic, and we will provide you with necessary consulting support," commented founder, CEO of Wildberries Tatiana Bakalchuk.

In accordance with the company's plans, Wildberries B2B e-Commerce expertise Center will also be opened in Tatarstan, combining logistics and educational functions for suppliers. There will be seminars with the participation of the company's employees and experts from the retail and online trade, as well as direct acceptance of goods from local partners 24/7, which will significantly reduce their costs for their own logistics.

In addition, Wildberries will continue to develop its own network of points of delivery of orders in the country.

Wildberries

Wildberries is the largest online retailer in Russia, operating on the market for 15 years. The geography of the company's presence covers five countries: Russia, Belarus, Kazakhstan, Kyrgyzstan and Armenia. The turnover of Wildberries in 2018 increased by 72% and reached 118.7 billion rubles, in the 1st half of 2019-by 79% to 85 billion rubles. The company employs over 25,000 employees. Daily Wildberries process about 500 thousand orders. Own network of points of issue of orders has about 4.8 thousand points in five countries.

Wildberries product range has over 2.6 million products from 21 000 Russian and foreign brands: clothing and footwear, accessories, beauty products, children's products, appliances and electronics, household goods, jewelry, food, books and more. About 40% of goods are produced in Russia.

For the third year in a row Wildberries becomes the largest online store in Russia in terms of online sales according to the analytical Agency Data Insight. Research company Infoline recognized Wildberries as "the fastest growing retailer in Russia in 2018." The company ranks 4th in the Forbes ranking of "top 20 most expensive companies in Runet".