Costa Coffee opens its 1,000th store in Moscow

Costa and OJSC Rosinter Restaurants Holding “Rosinter” have opened today Costa’s 1,000th store in Moscow’s Pushkin Square. The opening of this store marks the arrival of Costa Coffee in Russia.
Costa is the UK’s largest and fastest growing coffee shop chain and plans to open its 700th milestone UK store next month. It now operates over 300 stores overseas in 22 countries (Europe, the Middle East, China and India). Rosinter is the leading casual dining restaurant chain in Russia and CIS (Commonwealth of Independent States), operating 216 restaurants in 8 countries and 24 cities. The new joint venture, formed in December 2007, plans to open 200 Costa stores in Russia over the next 5 years, focusing on Moscow and St Petersburg in its first year, then expanding to other Russian regions thereafter. The partners’ initial investment is approximately 10 million dollars USA and they also intend to open Costa stores in Ukraine and Belarus at a later date. After the first opening, 11 coffee shops currently operated by Rosinter under its proprietary brand Moka Loka will be converted to the Costa brand.
Over 50% of the 11 million people in Moscow visit coffee shops regularly and to date. There is a wealthy demographic of young Russians whose average income is growing by 16% per annum. Increasingly, they are spending a higher proportion of their disposable income in coffee shops.

(Carlo Odello)

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2 Responses to “Costa Coffee opens its 1,000th store in Moscow”

  1. Mr.H Says:

    Costa coffee is good But in Bahrain they selling the USED cups and mugs for Customer. Ha good way to cut the Cost. Costa!!

  2. Nana Holthaus-Vehse Says:

    I have searched for the news around costa coffee´s 1000th outlet and found your blog. I will add it to my news readers.


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