Interior of Lenta (Moscow, Dubrovka), January 2018

Lenta ( rus, Лентa) is a Russian super- and

hypermarket A hypermarket (sometimes called a hyperstore, supercentre or superstore) is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including ...

chain. With 149 locations across the country, it is one of Russia's largest retail chains in addition to being the country's second largest hypermarket chain. Founded by Oleg Zherebtsov, Lenta opened its first cash and carry store in

St. Petersburg Saint Petersburg ( rus, links=no, Санкт-Петербург, a=Ru-Sankt Peterburg Leningrad Petrograd Piter.ogg, r=Sankt-Peterburg, p=ˈsankt pʲɪtʲɪrˈburk), formerly known as Petrograd (1914–1924) and later Leningrad (1924–1991), i ...

Russia Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the ...

, in October 1993. Lenta then registered its

trademark A trademark (also written trade mark or trade-mark) is a type of intellectual property consisting of a recognizable sign, design, or expression that identifies products or services from a particular source and distinguishes them from others ...

in 1994. And, by 1999, it opened its first big-box hypermarket format and has expanded ever since. Now Lenta operates 122 hypermarkets in 63 cities across Russia and 27 supermarkets in the Moscow region with a total of approximately . of selling space. The average Lenta hypermarket store has selling space of . The company operates five distribution centres for hypermarkets. The company's stores base themselves on price-led hypermarkets and supermarket scheme. Lenta employs around 35,100 people. Lenta’s largest shareholders include

TPG Capital TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American investment company based in Fort Worth, Texas. The private equity firm is focused on leveraged buyouts and growth capital. TPG manages investment funds in growth c ...

, the

European Bank for Reconstruction and Development The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focus ...

and

VTB Capital VTB Capital (russian: ВТБ Капитал) is a Russian investment bank. It is one of the three strategic business arms of VTB Group, along with the corporate and retail businesses. VTB Capital has been ranked among the top investment banks in ...

. Global Depository Receipts (GDRs) of Lenta Ltd. are listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...

and on the

Moscow Exchange The Moscow Exchange (MOEX; rus, Московская биржа, r=Moskovskaya birzha, p=mɐˈskofskəjə ˈbʲirʐə, a=) is the largest exchange in Russia, operating trading markets in equities, bonds, derivatives, the foreign exchange market, ...

. The parent company of the chain – Lenta LLC – 100% belongs to Lenta Ltd., that is registered in the

British Virgin Islands ) , anthem = "God Save the King" , song_type = Territorial song , song = "Oh, Beautiful Virgin Islands" , image_map = File:British Virgin Islands on the globe (Americas centered).svg , map_caption = , mapsize = 290px , image_map2 = Brit ...

. 41,3% of shares belong to investment – TPG Capital and «VTB Capital» (35,5% and 4% respectively), 15,3% belongs to EBRD, minor shareholders share the rest. CEO of the chain is Herman Tinga. On 18 May 2021, Lenta announced the purchase of 161 supermarkets of the Austrian

Billa Billa may refer to: Films *Billa (1980 film), ''Billa'' (1980 film), 1980 Indian Tamil film *Billa (2002 film), ''Billa'' (2002 film), 2002 Pakistani Punjabi film *Billa (2007 film), ''Billa'' (2007 film), 2007 Indian Tamil film, remake of ''Bil ...

supermarket chain. The transaction amount was 215 million euros. In February 2022, Lenta acquired Utkonos online-retailer from its shareholder, "Severgroup" of

Alexey Mordashov Alexey Alexandrovich Mordashov ( rus, Алексей Александрович Мордашов; born 26 September 1965) is a Russian billionaire businessman. He is the main shareholder and chairman of Severstal, Russia's largest steel and mini ...

, for 20 billion roubles.

References

External links

Lenta Homepage
Retail companies of Russia Companies based in Saint Petersburg Retail companies established in 1993 Russian brands Companies listed on the Moscow Exchange Companies listed on the London Stock Exchange {{russia-company-stub