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MAGNIT PJSC: Magnit announces the results of the Board meeting
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Investegate |MAGNIT PJSC Announcements | MAGNIT PJSC: Magnit announces the results of the Board meeting
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Magnit Announces the Results of the Board Meeting
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MAGNIT PJSC (MGNT)
03-Feb-2021 / 11:00 MSK
The issuer is solely responsible for the content of this announcement.
Press-release | Krasnodar | February 3, 2021.
Krasnodar, Russia (February 3, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia s leading retailers, has launched a program to renew its truck fleet. Its implementation will allow increasing the freshness of goods on the shelves while reducing harmful emissions into the environment.
In 2021, the Company plans to purchase 530 medium-duty trucks that will be used to deliver goods to stores in cities with a high density of retail outlets. Thanks to theses trucks, Magnit will be able to reduce the time of delivery to stores and accordingly increase their availability on the shelves and keep them fresh. In addition, the Company will purchase 220 new line-haul trucks consisting of MAN tractor units and Schmitz Cargobull semi-trailers with increased cargo capacity for long-distance delivery. The purcha
MAGNIT PJSC (MGNT)
16-Dec-2020 / 11:45 MSK
The issuer is solely responsible for the content of this announcement.
Press-Release | Krasnodar | December 16, 2020
Magnit Begins Large-Scale Supply Chain Transformation
The Company will implement a unified automated forecasting and replenishment system for all store formats, product categories, and distribution centers with the help of Relex Solutions platform. This world-class AI-enabled software will encompass all functions of goods distribution, significantly increasing transparency of operations and helping flexibly adapt various processes in line with the Company s development.
Krasnodar, Russia (December 16, 2020): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia s leading retailers, has started implementing a unified forecasting and replenishment (F&R) system built upon a cloud-based platform from Relex Solutions. It will be the largest project in Russian logistics and one of the most extensive undertakings of