Azbuka vkusa, Moscow, Kashirskoye Highway

Azbuka Vkusa (russian: Азбука вкуса), translated in

English English usually refers to: * English language * English people English may also refer to: Peoples, culture, and language * ''English'', an adjective for something of, from, or related to England ** English national ide ...

as Alphabet of Taste, is a supermarket chain founded by Maxim Koscheenko and Oleg Lytkin. The first store was opened in Moscow in 1997. As of 2015, it operated 90 stores in Moscow,

Petersburg Petersburg, or Petersburgh, may refer to: Places Australia *Petersburg, former name of Peterborough, South Australia Canada * Petersburg, Ontario Russia *Saint Petersburg, sometimes referred to as Petersburg United States *Peterborg, U.S. Virg ...

and its suburbs.

Ownership

The founders, Maxim Koshcheenko and Oleg Lytkin control more than 50% of Gorodskoi Supermarket Ltd, a company which operates the chain. 6.9% of the company belongs to the top 14 network managers. Much of the rest of the company is in the hands of VMHY Holdings Limited, owned by the former owners of "Expobank" - Andrey Vdovin, Cyril Jakubowski, Paul and Peter Maslowski Hambro, who gradually acquired control from the other two co-founders of the network - Oleg and Sergey Vereshchagin Trykin. As of 2011 Oleg and Sergey Vereshchagin Trykin ceased being shareholders in VMHY Holdings. As of 2013 more than 12% of the network owned by the sons Paul Maslovskoye - Yuri and Alexei.

Private Labels

Azbuka Vkusa launched their store brands in 2011. Azbuka Vkusa has expanded steadily since 1997, balancing external

acquisitions Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...

and internal growth. The table below charts that growth using figures provided courtesy of the company.

References

{{authority control Supermarkets of Russia Retail companies established in 1997 Companies based in Moscow