MOSCOW, Oct (Shenzhen: 000069.SZ - news) 20 (Reuters) - Russia's second-biggest food retailer Magnit plans to invest 40 billion roubles ($694.93 million) in developing a food production plant in the medium term, Khachatur Pombuhchan, its chief financial officer, said in a conference call on Friday. ($1 = 57.5600 roubles) (Reporting by Olga Sichkar; Writing by Dmitry Solovyov; Editing by Andrew Osborn)
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It’s practically impossible.
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