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Ru | home Company Briefly about "Magnet" Briefly about "Magnet" Magnit is one of the leading food retail chains in Russia, the leader in the number of stores and the geography of their location. The company is represented in more than 3,840 localities, and almost 13 million people visit the company's stores every day. Magnit operates in a multi-format model that includes convenience stores, supermarkets, pharmacies and drogerie stores. As of September 30, 2021, the company had 25,315 retail outlets in 67 regions of Russia. About 55 million people participate in the network's cross-format loyalty program. Magnit is a unique company in Russian retail. Along with the sale of goods, the retail chain is engaged in the production of food products under its own brands. The company operates several vegetable, grocery and confectionery businesses. Magnit owns one of the largest greenhouse and mushroom complexes in Russia. The company's logistics infrastructure includes 45 distribution centers and about 5144 vehicles. Magnit is included in the list of the world's largest public companies in the Forbes Global 2000 rating and tops the rating of the largest private employers in Russia according to Forbes. The total number of employees exceeded 300 thousand people. Magnit was founded in 1994 in the south of Russia in Krasnodar as a small regional company. During this time, Magnit has grown into one of the largest Russian companies. The headquarters of the retail network is still located in Krasnodar. In 2006, the company held an IPO on the London Stock Exchange. 64% of Magnit's shares are in free float and traded on the Moscow and London Stock Exchanges (LSE: MGNT). In accordance with the unaudited data of the Company's management reporting under IFRS 16, Magnit's revenue for 9 months of 2021 amounted to RUB 1,311.5 billion, EBITDA - RUB 151.4 billion. CompanyFor shareholders and investorsCorporate governanceSustainable developmentPress centerInformation disclosureContacts Anti-corruption Terms of Use map of site subscribe to news For partners Buyers Career Disclosure of information on Interfax Official website of the "Magnit" network © 2021 PJSC "Magnit" Personal data processing policy "Magnet" uses "cookies" for the convenience of the website. Cookies are small files containing information about previous visits to a website. By continuing to use our site, you consent to their processing. Agree More details

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