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REDOMICILATION OF LENTA COMPANY INTO A SPECIAL ADMINISTRATIVE AREA ON THE TERRITORY OF THE OCTOBERSKY ISLAND (KALININGRAD REGION) IS COMPLETED

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On February 17, the international company Lenta Public Joint Stock Company, one of the Russian retail chains, was included in the register of participants in the special administrative region on the territory of Oktyabrsky Island (Kaliningrad Region). The public company, originally established in the British Virgin Islands, was re-registered in the SAR from the Republic of Cyprus.

Lenta is a large hypermarket chain in Russia. According to the information published by the company, at the end of 2020, Lenta operated 254 hypermarkets and 139 supermarkets with a total sales area of more than 1.5 million square meters. in 88 cities of Russia. The company has 13 distribution centers throughout Russia. Lenta is listed on the London Stock Exchange and the Moscow Exchange under the ticker “LNTA”.

As of February 17, 37 international companies and 1 international fund were registered in the special administrative region on the territory of Oktyabrsky Island.

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