Magnit
Encyclopedia
Magnit is the Russian retail market leader by number of stores. Was founded in 1994 by Russian billionaire Sergey Galitsky
Sergey Galitsky
Sergey Galitsky – a major Russian businessman, co-owner of a major retail chain “Magnit”. President of FC Krasnodar. He is of Armenian descent.According to the Forbes magazine, in 2011 his personal fortune was estimated at $ 5.5 billion.-Biography:...

 in Krasnodar
Krasnodar
Krasnodar is a city in Southern Russia, located on the Kuban River about northeast of the Black Sea port of Novorossiysk. It is the administrative center of Krasnodar Krai . Population: -Name:...

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Today the company has 57 branches, more than 3.228 stores in more than 974 locations. Currently several tens of stores are opening every month, and employs more than 79.000 employees.

Since 2006 the Company develops a new retail project – federal chain of “Magnit” hypermarkets in many Russian cities and towns. Hypermarket is the object of a new format for every city. Its main features are modern functional design, spacious layout, large and convenient parking space, full assortment of goods for the whole family in one place – all are highly demanded in the market of every city where our hypermarkets are under construction or already operate.

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