Magnit

About

Public Joint Stock Company Magnit, together with its subsidiaries, operates a food retail chain. The company operates retail business through convenience stores, cosmetic stores, supermarkets, drogerie stores, pharmacies, and other formats. It also engages in the software product development, marketing, food and non-food retail and wholesale, IT, vegetable cultivation, warehousing and storage, greenhouse complex, pharmaceutical license holder, and retail trade through internet, as well as produces and processes food and agricultural products. The company was founded in 1994 and is headquartered in Krasnodar, Russia.