-10.1 C
Moscow
Wednesday, December 7, 2022
spot_img

SANCTIONS CONTEXT

CURRENCY EXCHANGE RATES

RUB - Russian Ruble
EUR
66.0131
USD
63.0650

LATEST MARKET STUDY

spot_img

MAX Group to acquire OBI hypermarkets in Russia

The Federal Antimonopoly Service announced that the group of investment and construction companies MAX plans to acquire the OBI chain of stores in Russia. A relevant petitions were received recently. The service will assess the impact of the transactions on the Russian consumer goods market in the prescribed manner.

A few days earlier it was reported that all 27 OBI hypermarkets in Russia will resume work until May 11. The first one, on Khodynskoye Pole in Moscow, was reopened on April 27. Minister of Industry and Trade of the Russian Federation Denis Manturov called the opening a positive signal.

Related Articles

Zara plans to resume trading activities in Russia

A representative of Zara CIS said in the arbitration court that actions are being taken to continue operations in Russia, including changing the corporate...

IKEA launched the liquidation process for its legal entity in Russia

The IKEA Dom LLC company, which manages the IKEA stores in Russia, has launched the process of liquidating a legal entity. The founder of...

H&M put up for sale their business in Russia

Swedish retail chain H&M has put its business in Russia up for sale. Potential buyers are offered lease rights to approximately 170 stores and...