History 1992-2007

ENKA TC, formerly Ramenka, was established in Moscow as a 50%-50% equal partnership of ENKA and Migros in 1997 to establish shopping centers and supermarket chains in Russia and in November of the same year launched its first Ramstore hypermarket and shopping center in the Kuntsevo district of Moscow, which was constructed by ENKA on a total area of 19.400 square meters. The company continued its growth and opened its second hypermarket and shopping center Marina Rosha despite the economic crisis in Russia in 1998. Adhering to high-quality standards, ENKA completed the construction of the 32.500 square meters Marino Rosha shopping center in a short time.

Later on, between 1999 and 2003, 23 new stores were opened increasing the number of stores to 25 and the number of shopping centers to 6 by the end of 2003. Regions out of Moscow started to be covered the same year by the opening of stores at Krasnoyarsk, Kazan and Nizhiy Novgorod. Despite some of them closing between 2004 and 2007 the number of stores was increased to 53 and the shopping centers to 10.