The Russian subsidiary of French retailer Leroy Merlin has changed the name of its legal entity from Leroy Merlin Vostok to Le Monlid, they said. RIA News in the company. The reason for this is that business management is transferred to the local government.
“No decision has been made regarding rebranding at this time,” agency sources said.
The company assured that the renaming of the legal entity will not affect operational activities, strategic plans and the work of its employees in any way.
Leroy Merlin specializes in the sale of goods for the construction, decoration and improvement of houses, country cottages and gardens. The first store in Russia was opened in the Moscow region in 2004. According to the latest data, the retailer has 112 stores in 66 provinces in the country and 45 thousand employees.
French company in 2023 -headed The 50 largest foreign companies in Russia according to Forbes.
Previously Tinkoff Bank changed logo.