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O’KEY Group opens new concept store in Moscow

O’KEY Group S.A. (LSE, MOEX: OKEY, the “Group” or the “Company”), one of Russia’s largest food retailers, has rolled out a second new concept hypermarket in Moscow. The new store replaces a former Karusel hypermarket at a site that O’KEY acquired from X5 Group in Q2 2021.

Read O’KEY Group presented the first hypermarkets in a new concept in St. Petersburg

O’KEY Group S.A. (LSE, MOEX: OKEY, the “Group” or the “Company”), one of Russia’s largest food retailers, has rolled out a new concept for its hypermarkets in St Petersburg. Newly renovated O’KEY hypermarkets have opened at 10/1 Bolshevikov Avenue and 13 Bogatyrskiy Avenue.     

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O`KEY Group reports 10.1% revenue growth in Q3 2021

O`KEY Group S.A. (LSE, MOEX: OKEY, the “Group” or the “Company”), one of Russia’s leading food retailers, has announced its unaudited operating results for the third quarter (Q3) and the first nine months (9M) of 2021.

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O’KEY deploys SAP EWM to automate distribution centres

O’KEY Group (LSE, MOEX: OKEY, the “Group” or the “Company”), one of Russia’s largest food retailers, has begun the implementation of SAP EWM (Extended Warehouse Management) and the SAP HANA (High-performance ANalytic Appliance) in-memory database. The Company aims to create a cutting-edge ERP software solution to further automate its logistics chain, from goods reception to putaway, picking and shipping, as well as organisation and storage.

All materials published by the Group are available on its website, okeygroup.lu.

SAP EWM is going to boost warehouse throughput and accelerate order picking and packing. The new system provides for recording all warehouse operations in real time, making it possible to improve workload planning, track KPIs, and optimise vehicle routing. It also features pick-by-voice functionality for better productivity.

The system will be launched at one of the Company’s distribution centres with the capacity of over 20,000 SKUs, and after that, it will be rolled out to all its other DCs in Russia. The project is being carried out in partnership with TeamIdea.

“Warehouse upgrade is part of O’KEY’s hypermarket development strategy and a way to cement our leadership in the retail market. We went with a comprehensive IT solution that increases the speed and accuracy of order processing, gives us tools to control staff performance and provide additional incentives, and enables us to standardise and upgrade warehouse processes. SAP EWM is an effective state-of-the-art solution that is used by leading retailers,” said Igor Shatsky, Logistics Director at O’KEY Group.

“Well-oiled warehouse operations are essential to the overall business success. The speed of goods transportation, the stocking of supermarket shelves, and, most importantly, customer satisfaction are all predicated on the efficiency and quality of warehouse processes. SAP EWM is one of the best ERP systems for maximising warehouse productivity. We hope that O’KEY will find it a reliable and effective tool in achieving its business growth targets in Russia,” commented Andrey Filatov, Managing Director for Russia and CIS at SAP.

“The transformational power of SAP EWM is evident in our clients' experience: enhanced productivity, higher customer satisfaction, timely delivery – all while costs go down, which naturally yields big financial gains. SAP EWM is the best IT solution for businesses looking for new growth, development, and scaling opportunities. We are grateful to O’KEY for putting their faith in us and look forward to bringing SAP EWM to its warehouses,” said Pavel Malko, Partner and Head of SAP Practice Development at TeamIdea.

Read O’KEY Group Wins Top Prize at the Quality of Service and Consumer Rights Awards O’KEY Group S.A. (LSE, MOEX: OKEY, the “Group” or the “Company”), one of Russia’s leading food retailers, was named 2021’s best food retail chain in the Retail: Hypermarkets category. The award’s judging panel praised the level of service, value proposition and the modern store concept of O’KEY hypermarkets. Read O'KEY Group reports unaudited financial results for H1 2021. DA! discounters show a 46.1% EBITDA growth

O'KEY Group S.A. (LSE, MOEX: OKEY, the “Group” or the “Company”), one of Russia’s leading food retailers, today announces its financial results for the first six months of 2021 based on condensed consolidated interim financial statements reviewed by auditors.

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