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Where is Magnit Investing?
Magnit, Russia's leading retailer, is actively investing in expanding its store network, supporting domestic manufacturers, and implementing digital technologies. Find out how the company is developing infrastructure, increasing the availability of goods ...
A Reliable Haven for Investors
... stage, renowned companies such as Apple, Coca-Cola, Johnson & Johnson, and Walt Disney fall into this category. In Russia, notable examples include Sberbank, LUKOIL, Gazprom, Novatek, Rosneft, Yandex, Tatneft, Surgutneftegaz, MTS, X5 Retail Group, and Magnit.
Where does Lenta invest?
... for investors
Despite the significant prospects, investors should consider a number of factors that could affect the company’s results.
High competition in retail:
The retail market in Russia remains extremely competitive, with major players such as Magnit and X5 Group actively fighting for market share. This puts pressure on the company’s margins and requires significant marketing efforts.
Exchange rate volatility:
Some product categories offered by Lenta stores are dependent on imports. A weaker ...