Magnit is planning to buy Ural retail network Monetka

According to trade sources, Russia’s second largest retailer “Magnit” is considering buying 24 stores of Ural network “Monetka” with the area up to 5.5 thousand square meters each.

These stores can cost up to $ 70 million and will help “Magnit” to open its stores in this region.

Source: www.retailer.ru