Wildberries agreed in Kazan on cooperation with Kazakhstan

Today, August 22, 2019, in Kazan, during the official visit of the delegation of the Republic of Kazakhstan signed a Memorandum of cooperation between the online store Wildberries and the International financial center "Astana".

The online retailer plans to build a new large distribution center on the territory of the Republic of Kazakhstan. The parties announced their intention to cooperate during the official visit of the delegation of the Republic of Kazakhstan under the leadership of Prime Minister Askar Mamin to the Russian Federation.

A week earlier, Tatarstan President Rustam Minnikhanov signed an agreement on cooperation with the largest online store in Russia. Under the terms of the agreement with Tatarstan, Wildberries will build a large distribution center with an area of about 100 thousand square meters on the territory of PSEDA Zelenodolsk. 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. Also earlier Tatarstan signed an agreement with OZON and Yandex.Market.

As noted by the Minister of economy of the Republic of Tatarstan Farid Abdulganiev, systematic work on the development of the e-Commerce market is conducted in Tatarstan today. Large e-Commerce companies play a major role in this development, attracting direct investment, generating new jobs and tax revenues, as well as developing the digital economy.

"The digital economy makes access to products and services around the world freer, erases territorial boundaries. I am sure that the agreement between Wildberries and the Republic of Kazakhstan will open new opportunities for Tatarstan entrepreneurs,"Farid Abdulganiyev highlighted.

AIFC and Wildberries also agreed to promote the products of manufacturers of the Republic of Kazakhstan in the largest online store in the EAEU Wildberries and exchange of experience and knowledge in the field of e-Commerce.

"We are confident in the high potential of our partnership with local producers, small and medium - sized businesses of the Republic of Kazakhstan, so we invest in the creation of infrastructure and educational projects that will increase the sales of producers of the Republic on Wildberries", - said the General Director of Wildberries Tatiana Bakalchuk. 

Reference information:

IFCA. Astana international financial center (AIFC) was established on the initiative of the First President of the Republic of Kazakhstan Nursultan Nazarbayev. The constitutional law establishing the AIFC was signed on 7 December 2015. The aim of the AIFC is to form a leading center of financial services at the international level. The objectives of the AIFC are to assist in attracting investments into the country's economy, create an attractive environment for investment in financial services, develop the securities market of the Republic of Kazakhstan and ensure its integration with international capital markets.

Wildberries is the largest online retailer in the EAEU countries, operating in 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 issues about 500 thousand orders. Own network of points of delivery of orders has more than 5 thousand points in five countries.  The range of Wildberries includes more than 2.6 million products from 22,000 Russian and foreign brands: clothing and footwear, accessories, beauty products, children's products, appliances and electronics, household goods, jewelry, food, books and more.