Retailer Magnit opened Magnit Go 35 sq. m. kiosk with assortment of about 500 goods in Sheremetyevo Aeroexpress terminal. It offers pastries, cooking, coffee, juices and other drinks, yogurts, as well as demanded non-food items for the trip. Daily traffic at the facility reaches several hundred people and the average check is ₽155. Four such kiosks are now i...

Retailer Magnit obtained long-term lease rights for 58 Radezh-branded stores in Volgograd. The company will redesign retail outlets under the Magnit brand, including 56 convenience stores and 3 drogerie stores. Retail area of stores is 22,000 sq.m. The lease term will be from 7 to 10 years. The stores are scheduled to open between Q4 2021 and Q1 2022.

Retailer Magnit received the rights of long-term lease of 56 stores operating under the brand "Edelweiss" in Kazan. The company will redesign retail outlets under "Magnit" brand. Retail area of the stores is 25,000 sq.m. Lease term will be up to 10 years. The stores are planned to open in Q4 2021 - Q1 2022.

VTB sold 4.9% of Magnit through ABB for ₽5700 per share. VTB is selling the remaining 12.4% to Marathon Group at the same price. As a result, Marathon Group's stake will increase to 29.2%. However, the increase of shareholding over 25 percent is yet to be coordinated with FAS. In this regard, the company will initially dispose of a quarter of Magnit's securi...