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February 13, 2016 11:47 PM ET

Multiline Retail

Company Overview of JSC Tander

Company Overview

JSC Tander owns and operates convenience stores and hypermarkets. It distributes, retails, and supplies perfumery, cosmetics, and household chemical goods. The company was founded in 1994 and is based in Krasnodar, Russia. JSC Tander operates as a subsidiary of Public Joint Stock Company Magnit.

15/5, Solnechnaya Street

Krasnodar,  350072

Russia

Founded in 1994

Phone:

7 861 210 9810

Fax:

7 861 210 9810

Key Executives for JSC Tander

General Director
Compensation as of Fiscal Year 2015.

JSC Tander Key Developments

JSC Tander Announces Management Changes

JSC Tander announced that Vladimir Gordeychuk has resigned from the position of General Director. Alexander Barsukov has been appointed the new General Director for the company. Alexander Kazakov has resigned from the position of Head of Development. Sergey Rubtsov has been appointed the new Head of Development after working previously as the Head of the Magnit Convenience Store format. Konstantin Ilyin has been appointed the new Head of the Magnit Convenience Store format. These changes are effective from January 11, 2016.

Magnit, CJSC Tander Plans to Open Eight More Distribution Centers in Russia

Magnit, CJSC Tander, plans to open eight more distribution centers in Russia in 2016-2017 at a cost of roughly RUB 16 billion.

PJSC Magnit Signs Loan Agreement with JSC Tander

On September 22, 2015, PJSC Magnit (Lender) and JSC Tander (Borrower) executed the related party transaction, according to which the Lender provides the loan of funds to the Borrower which is to be repaid by the Borrower within the period determined by the contract. The repayment of the loan and the interest may be effected by the Borrower in advance, without written notice to the Lender of the loan repayment. The loan amount is RUB 19,620,500,000.00. The maturity date is September 18, 2018. Interest rate is 12.7% per annum. The transaction was approved by the General shareholders meeting on June 4, 2015.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 28, 2016
Public Joint Stock Company Magnit
Buyback
July 24, 2015
Public Joint Stock Company Magnit
Merger/Acquisition
June 25, 2015
Public Joint Stock Company Magnit
 

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