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Rusta AB (publ)
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Overview

Description

Rusta AB (publ) is a leading Swedish retailer in the Nordic variety hard discount market, specializing in affordable home and leisure products. Founded in 1986 by Anders Forsgren and Bengt-Olov Forssell, the company opened its first store in Gävle, Sweden, offering everyday items at the lowest possible prices. Today, it operates over 220 stores across Sweden, Norway, Finland, and Germany, complemented by an online sales channel in Sweden and Finland. Rusta provides a curated assortment including small furniture, lighting, rugs, textiles, seasonal decorations for Christmas and holidays, garden items, consumables, home exercise equipment, pet products, DIY tools, paints, flooring, beauty articles, cleaning supplies, and health snacks. With more than 5,200 employees and headquartered in Upplands Väsby, Sweden, Rusta's Club Rusta loyalty program boasts over 6.4 million members, accounting for about 80% of annual sales. Listed on Nasdaq Stockholm in 2023, the company aims to expand as Europe's leading variety hard discount retailer, emphasizing quality, low prices, and sustainability in the consumer cyclical sector.

About

CEO
Mr. Moez-Alexandre Zouari
Employees
5117
Address
Kanalvägen 12
4th Floor
Upplands Väsby, 194 05, MI
Sweden
Phone
46 86 26 43 00
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Department Stores
Country
United Kingdom
MIC code
BCXE
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