Magnit PJSC - Company Profile
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Magnit PJSC (Magnit) is a retailer of both food and non-food items such as cosmetics, skincare, household products, and perfumery goods. The company operates its retail business through Magnit Family Supermarkets, Dixy Supermarkets, Dixy Convenience Stores, Magnit Convenience Stores, Magnit Extra Superstores, Magnit, Cosmetic, Magnit GO, Magnit City, My Price Discount Stores, Magnit Pharmacy, and Wholesale Stores. It also operates a private-label food production business. Magnit operations are spread across Southern region of Russia. The company operates production facilities in Krasnodar, Moscow, Belgorod, Penza, Orenburg, Saratov, Tver, Samara, Lipetsk, and the Republic of Bashkortostan. It operates and manages in-house logistics systems through its distribution centers residing in these regions. Magnit is headquartered in Krasnodar, Russia.
Headquarters
Russia
Address
Ulitsa Solnechnaya, D. 15/5, Krasnodar, 350072
Website
magnit-info.ru
Telephone
7 861 2109810
No of Employees
361,000
Industry
Retailing
Revenue (2021)
$31.9B
Magnit PJSC premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Cosmetics | Dixy |
| Household Products | Magnit |
| Perfumery Goods | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In October, the company entered into an agreement to acquire the KazanExpress e-commerce platform. |
| 2023 | Corporate Changes/Expansions | In April, the company expanded its MCosmetic drogerie chain in Uzbekistan to 80 stores. |
| 2023 | New Products/Services | In March, the company launched leaf vegetables in Moscow. |
Competitor Comparison
| Key Parameters | Magnit PJSC | Alimentation Couche-Tard Inc | SPAR International | X5 Retail Group NV | Elo Group |
|---|---|---|---|---|---|
| Headquarters | Russia | Canada | Netherlands | Russia | France |
| City | Krasnodar | Laval | Amsterdam | Moscow | Croix |
| State/Province | - | Quebec | Noord-Holland | - | Nord-Pas-de-Calais |
| No. of Employees | 361,000 | 128,000 | 460,000 | 358,000 | 161,476 |
| Entity Type | Private | Public | Private | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Charles Ryan | Chairman | Executive Board | - | 54 |
| Jan Dunning | President; Chief Executive Officer; Director | Executive Board | 2019 | 62 |
| Doug Barnett | Chief Financial Officer | Senior Management | 2023 | - |
| Valentin Schitov | Chief Information Officer | Senior Management | 2020 | - |
| Mohan Natarajan | Chief Technology Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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