Ukraine’s new anti-Russian sanctions to take effect on October 31World October 21, 21:22
Kremlin says Egypt’s rumored sale of Mistrals for $1 is ‘utter nonsense’Russian Politics & Diplomacy October 21, 21:13
Source: Mi-8 helicopter with 22 people onboard makes crash landing in YamalSociety & Culture October 21, 20:15
Source says 'Gray money' tax may cover up to 5 mln RussiansBusiness & Economy October 21, 20:07
UN Human Rights Council passes resolution on AleppoWorld October 21, 19:52
Russian Justice Ministry refuses to transfer jailed filmmaker to UkraineRussian Politics & Diplomacy October 21, 19:44
Brussels says Belgium’s position on Hassadjek village bombing remains unchangedWorld October 21, 19:30
Rosneft CEO reveals real meaning of oil price war, outlines Russia’s role in itBusiness & Economy October 21, 19:11
New sanctions against Russia will be an alibi, not constraining factor — Italy’s PMWorld October 21, 19:05
NEW YORK, August 19. /TASS/. The largest Russian food retailer Magnit joined ranks of Forbes World’s Most Innovative Companies rating. Magnit was ranked 23rd in the rating released on Wednesday in the online version of Forbes.
According to Forbes, the Russian company outranked such global giants as Visa, MasterCard, Starbucks and Coca-Cola. US Tesla Motors took the lead in the rating.
Krasnodar-headquartered Magnit is the largest food retailer in Russia in terms of revenues and the number of stores. Company’s revenues rose 30% year-on-year to 453.7 bln rubles ($6.8 bln) in the first half of 2015.
The retailer was managing over 8,000 stores as of the end of June 2015, including 7,103 convenience stores, 168 hypermarkets, 49 Magnit Family stores and 682 cosmetic stores.