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This was the trigger it required for prospective investment of $100-200 million in Russian advertising constructions over two to three years, chief executive Jean-Francois Decaux told ITAR-TASS at the St. Petersburg International Economic Forum.
But leaving Russia was not on the agenda, he said, in a market where JCDecaux holds 25% of largest outdoor advertising operator Russ Outdoor.
JCDecaux Group operates in more than 60 countries and 3,700 cities, reporting 2013 revenue of about €2.7 billion.