Russian subsidiary of OBI sold for 600 rubles
Jozef Lyokumovich bought the Russian subsidiary of the OBI store chain for 600 rubles: acquiring a 60% stake in the company. The owner of the remaining 40% is Russian, but his identity is unknown.
The price of OBI’s Russian subsidiary was estimated at 100 million euros, but according to the buyer, it owed 30 million euros to the parent company, which was settled, but the litigation regarding the debts of some Russian companies is still ongoing. According to the new owner, the network of 27 stores generated a loss of 2.5 billion rubles last year, which was not reduced by the shutdown of nearly one and a half months.
Related news
AM: From January 1, buyers must pay producers within 30 days
From January 1, buyers must pay producers within 30 days.…
Read more >Diageo acquires nonalcoholic spirits brand Ritual
The company is expanding its presence in the zero-proof beverages…
Read more >New challenges await one of the world’s largest retail store chains
7-Eleven, the world’s largest retail chain, operates more than 84,000…
Read more >Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >