Leroy Merlin plans to open new stores after Russian administration

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Leroy Merlin plans to open new stores after the chain’s transfer to Russian owners. This was announced to reporters by Viktor Evtukhov, Deputy Head of the Ministry of Industry and Trade of the Russian Federation. TASS.

According to him, the Ministry of Industry and Trade will assist the company in the business transfer process.

According to Adeo Corporation, the owner of the chain of stores, it was previously reported that the French company Leroy Merlin will sell all stores in Russia.

The statement states that the company, which has been operating in Russia for more than 18 years, has been transferred to local government. The company also noted that the jobs of 45,000 employees will continue.

It was previously reported by the European Central Bank (ECB). requested To exit the Russian market from Raiffeisen Bank.

According to two sources, the ECB is not demanding an immediate exit, insisting on the creation of an action plan to restrict the bank’s activities in the Russian Federation. It is alleged that such a plan could involve the sale or closure of the Russian division.

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