Krasnodar, Russia (September 6, 2016): Magnit PJSC, one of Russia’s leading retailers (MOEX & LSE: MGNT), announces the holding of a joint session with food and FMCG suppliers in the Volgograd Region.

On Monday, September 5, 2016, Magnit’s executives, with the support of Volgograd Regional Administration, held a joint session for suppliers from the area. More than 70 regional suppliers took part in the session and all participants received information on numerous topics, including Magnit’s operations, its corporate principles, and the advantages of working with one of Russia’s leading retailers. Additionally, the suppliers received detailed information on Magnit’s supplier selection criteria and the procedures it uses to execute agreements.

A number of the participating Volgograd suppliers shared with their peers experiences of successfully working with Magnit in a win-win partnership. Some suppliers even set-up a tasting exhibit where they offered attendees an opportunity to try their products, which included dairy, bakery, and confectionery goods, as well as, grits, vegetables, and non-alcohol drinks.

Magnit continually seeks to work collaboratively and in partnership with its domestic suppliers; and joint sessions, such as the one in Volgograd, help to contribute to the important goal of building positive and open lines of communication with all current and future suppliers.

PJSC “Magnit” announces the holding of a joint session with suppliers in the Volgograd region