Magnit is further solidifying its position in Russian retail by transforming the business and improving its customer proposition. We strive to become the number one choice for our customers, employees and investors.
Our resources
Our customers
>16mln
customers daily
Employees
~ 361thous.
people employed by the Company As at December 2022.
Suppliers
~6thous.
Shareholders
>250thous.
investors As at June 2022.
Government and regulators
Magnit has an efficient corporate governance framework that complies with Russian laws and the Rules of the Moscow Exchange.
Environment and communities
Magnit aims to integrate sustainability principles into all aspects of its operations and business processes.
How our business is different
Multiformat and omni-channel
>9,472 thous. sq. selling space 4,068 cities and townships >10 thous. offline stores and 31 dark stores in 67 regions of Russia connected to online services
Largest supply chain network in Russia
44 distribution centres in 7federal districts >5 thous. trucks 1.9mlnsq. m of warehouse space
Own production capabilities and private labels
6 agricultural complexes 14 production facilities
Recognised for supreme quality and breadth of range
136 quality awards in 2022 14 quality control laboratories conducting >3 thous. daily tests >5 thous. private label SKUs 20%share of private labelsin sales In value terms.
Value for our stakeholders
Everywhere for our customers
Adapting existing and creating new formats tailored to specific customer needs in different localities
Implementing CVM Customer value management. tools
Developing online shopping and delivery services
Improving availability of goods by leveraging new technology and communications development
Rewarding our employees
Stable wages
Employee benefits and perks
Professional and career growth opportunities for employees at all levels
Cooperating with our suppliers
Engaging local suppliers
Inviting supplier representatives to work at Magnit’s offices
Delivering returns to our shareholders
~RUB 29 bln of dividends paid in 2022
New store openings payback with ROI ROI = OCF for the year with ramp-up phase / CAPEX. >40%
Economic contribution
Supporting social andeconomic development in the regions of operation
Hosting regional procurement sessions
Making timely tax payments
Supporting local communities
New jobs
Social and charitable programmes in the regions where we operate
Mitigation of our environmental footprint, including reduced waste generation
