Claim: In 2002, Sedmoi Kontinent (founded in 1994) was looking for a foreign partner to stay competitive and it became one of the largest chains in Moscow with a revenue of $300.5 million.
Evidence: In August 2002, the company said it was looking for a foreign partner to stay competetitive in the market. By 2002, the company was among the 4 largest retail chains in Moscow. The company's revenue that year was $300.5 million. The company was founded in 1994 by Vladimir Gruzdev, Alexander Zanadvorov and Grigory Berezkin.