ITAB - Breakthrough order for ITAB Shop Concept’s Self-Checkout System on the Russian market

Breakthrough order for ITAB Shop Concept’s Self-Checkout System on the Russian market

10/30/2013 2:40:00 PM

ITAB Shop Concept AB has signed an agreement for installation of self-checkout systems to one of the leading grocery chains in Russia.

The agreement is of strategic importance to ITAB since the customer has chosen ITAB as their supplier of self-checkout system to its new establish store concept. Self-checkout will be a central part of the checkout arena in the new store concept. The installation includes the self-checkout system MoveFlow and will be implemented in the beginning of 2014. The order is very important to ITAB because of Russia's fast growing retail market.

ITAB's self-checkout concept is designed to increase efficiency, create fast and flexible checkout options, free up staff and allow the store to improve its level of service. For more information, please visit www.itab.se.

ITAB Shop Concept AB is listed on the OMX Nordic Exchange and sells, develops, manufactures and installs complete shop fitting concepts for retail chain stores. The all-inclusive offer includes custom-made fitting concepts, checkouts, self-checkout systems and professional lighting systems. Customers include the major players throughout most parts of Europe. ITAB is the market leader at checkout to retailers in Europe, and one of Europe's largest supplier of shop fitting concept and lighting systems. The group has approximately 2,200 employees and a turnover of SEK 3,511 million 2012.

This information was submitted for publication 30th of October 2013 at 2.40 p.m.

For further information, please contact:
CEO, Ulf Rostedt
Tel: +46 36 31 73 00
Cellphone: +46 70 694 86 82