Magnit
Krasnodar, Russia · Founded 1994
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Magnit was founded in 1994 by Sergey Galitsky, and is based in Krasnodar, Russia.
Key facts
- Industry
- retail
- Legal form
- open joint-stock company
- Employees
- 297,746
- Parent
- Tander
- Listed
- Moscow Exchange
- Revenue
- RUB 3,509,225,556,000 (2025)
- Identifiers
- ISIN, LEI and subsidiaries
About
Russian retail group
Founder
Founder
1500 Founder Rating
In context
We hold 71 other retail companies founded in the 1990s. 7 of them have closed, after a median of 22 years, and 64 have no closure recorded.
Counted across this directory, from founding and closing years in public records. Medians cover only companies whose closure is recorded; a company with no closure date may have quietly ceased without the record catching it.
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