Ramstor chain under suppliers' fire

August 2, 2007 16:14

A spokesman of Moscow-based Greentrust Fish Company taking part in debate on practices of Russian supermarket chains at the forum of https://www.fishnet.ru/ has delivered fire on Ramstor federal retail chain as falling too much behind with payments to its suppliers.

In particular, Greentrust Fish Company stopped making contracts with Ramstor back in 2006 because they would have to wait for payment for the supplied goods for up to six months. Greentrust Fish Company would even have to suspend supplies and go to the law to speed up the process but with little success. However, eventually the money were paid in full though with a big delay, the spokesman admitted.

Ramstor

According to the firm's site, Ramenka Company, which operates the chain, is one of the leading players on the Russian retail market. With its first Ramstor trade centre opened in Moscow in 1997, Ramenka Company now runs an extensive retail chain including 10 trade centers, 32 hyper and supermarkets in Moscow and the surrounding region. Besides, 22 hyper and supermarkets and one trade centre were opened in large regions of Russia.

In December 2002 Ramenka received international certificate proving its compliance with the quality control system ISO 9001:2000. In the course of the certification procedure all the technologies and spheres of operation have been analyzed by leading experts-auditors of the independent international company Bureau Veritas Quality International.

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