Magnit strives to contribute to the health and wellbeing of millions of its customers. We develop various formats and expand our geography and our own food production facilities to be helpful to all Russians by meeting their needs for everyday goods and providing equal opportunities to purchase quality and affordable products.

Magnit seeks to become the number one choice for consumers, employees and investors. To achieve this, we streamline our business processes, improve customer experience and solidify our position in Russian retail by increasing sales and expanding selling space.

Our earnest priority is to provide customers with accessible and quality foods. At Magnit, we support local suppliers helping them enter new markets, care about our employees and contribute to the social and economic development wherever we operate.

Our corporate governance framework is set to manage the Company’s finances and operations in an efficient manner and enhance the business value for the benefit of shareholders and stakeholders at large