Wildberries to build $140 million, 180,000-square-meter warehouse in Uzbekistan
Russia’s largest online marketplace, Wildberries, has signed an investment agreement with Uzbekistan’s Ministry of Investment, Industry and Trade to build a Class A logistics complex in the country, Russian newspaper Kommersant reported on Oct. 7.
Wildberries, Russia's largest online marketplace, has entered into an investment agreement with Uzbekistan's Ministry of Investment, Industry, and Trade to build a Class A logistics complex in the country, according to a report from Russian newspaper Kommersant on October 7. The project, set to commence in 2027-2028, will be located in Uzbekistan's Tashkent Oblast and span 180,000 square meters, with the estimated cost of the project amounting to $140 million.
In a statement made in September, Wildberries' press service announced that the company was focusing on the redistribution of goods across various warehouses to ensure the economic stability of its partners. This shift in strategy also includes relocating warehouse capacity to Kazakhstan.
The company has plans to build warehouses in Kazakhstan with a combined area of approximately 260,000 square meters, with the aim of bringing them into operation in the first quarter of 2027. Wildberries and its competitor, Ozon, have both faced significant financial losses due to Ukrainian drone strikes on their warehouses. In response, Wildberries has been actively purchasing protective materials to secure its facilities.
Following the Ukrainian drone attacks on its warehouses, Wildberries announced a tender for 478,000 square meters of galvanized metal mesh in September to protect its warehouses in eight Russian oblasts. The attacks began on July 18, striking at least 22 facilities across various Russian oblasts, including Leningrad, Ryazan, Samara, Penza, Tula, Vladimir, Tver, and Yekaterinburg.
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