Who we are
Lenta is a price-led, distinctive hypermarket group in Russia led by a highly experienced management team. Lenta has a compelling, integrated business model and is well-positioned to grow in Russia's dynamic food retail market.
A distinctive hypermarket model
Lenta is the largest hypermarket chain in the Russian Federation and the fourth largest retail chain. The Company was founded in 1993 in St. Petersburg and currently operates 248 hypermarkets and 139 supermarkets in 88 cities across Russia with almost 1.5 million square meters of selling space. The average Lenta hypermarket has approximately 5,500 square meters of selling space, while the Lenta supermarket averages 800 square meters. The Company operates 12 distribution centers throughout Russia. The company's stores base themselves on price-led hypermarkets and supermarket scheme. Lenta has more than 15.8 million active loyalty cardholders and approximately 97% of all sales in Lenta stores are tied to our loyalty card. The Company employed approximately 48,391 people as of 31 December 2019.
The company's management team has a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders are Severgroup which is committed to maintaining high standards of corporate governance and responsibility. Global Depository Receipts (GDRs) of Lenta Ltd. are listed on the London Stock Exchange and on the Moscow Exchange.
At Lenta we:
- offer quality products at best prices to over 13 million customers
- adapt our hypermarket format tosuit local communities and locations
- fully integrate our supply chain and IT platform to allow efficiency and growth
- benefit from the rapid growth in the Russian economy
- exert financial control and management discipline to reduce risk
|Shareholders||% share of capital|
|Lenta LLC (quasi-treasury shares)
|Directors and Management||0.04%|
(1) Company estimate