Magnite
| Magnit PAO
|
|
|---|---|
 |
|
| legal form | Open joint-stock company (Russia) |
| ISIN |
RU000A0JKQU8 US55953Q2021 ( GDR ) |
| founding | 1994 |
| Seat |
Krasnodar , Southern Federal District Russia
|
| management | Sergei Galitsky |
| Number of employees | 260,000 (2012) |
| Website | magnit-info.ru |
PAO Magnit ( Russian ПАО Магнит ) is a Russian retail group with headquarters in Krasnodar . According to the company, the company has around 260,000 employees and operates more than 5,500 supermarkets , over 100 hypermarkets and almost 500 drugstores in a total of over 1,500 locations in Russia. The company is listed on the stock exchange and in the RTS index on the Russian Trading System .
history
The company was originally founded in 1994 under the name Tander by Sergei Galizki as a wholesale market in the southern Russian city of Krasnodar . The products Magnit sells initially included cosmetics, perfumes, and household goods.
Finally, it was decided to expand into retail . In 1998 Galizki therefore opened the first supermarket under the name "Magnit".
Since then the company has expanded massively. At the end of 2005 Magnit was already operating over 1,500 supermarkets across Russia. Soon after, the construction of large hypermarkets began . Since 2010, drug stores have also been opened under the name “Magnit-Kosmetik”. Today Magnit is not only one of the largest retail chains in Russia, but also one of the largest Russian companies. According to The Economist , Magnit had quarterly sales of $ 4.3 billion in 2013. So far Magnit has mainly been active in the European part of Russia.
At the beginning of 2018, Galizki sold his shares in Magnit to the state-owned banking group VTB . In front of the company headquarters employees celebrated him with shouts of "Thank you, thank you".
Web links
- Magnit company website (Russian / English)
Individual evidence
- ↑ Archived copy ( memento of the original from October 22, 2012 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Archived copy ( memento of the original from October 23, 2012 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ http://www.vedomosti.ru/newspaper/article/252243/krasota_ot_magnita
- ↑ Archived copy ( memento of the original from October 29, 2012 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Russian retailing: A Magnit for investors . In: The Economist , June 8, 2013.
- ↑ http://www.magnit-info.ru/buyers/cities/
- ↑ Polina Nikolskaya, Maria Kiselyova: Tearful Magnit founder sells out to banking group VTB for $ 2.5 billion. In: Reuters. Reuters, February 16, 2018, accessed February 18, 2018 .
- ↑ A Russian Oligarch Walks Away From His $ 8 Billion Empire. In: The Moscow Times. February 16, 2018, accessed February 18, 2018 .
