OREANDA-NEWS. OJSC "Magnit", Russia's largest food retailer (the "Company"; MICEX and LSE: MGNT), is pleased to announce the opening of the 168th hypermarket of a small format.

Please be informed that today the Company has opened its 168th hypermarket of a small format located at 16A neighborhood unit, Snezhinsk, Chelyabinsk region, Urals federal district. Assortment of the hypermarket consists of about 9,300 SKUs, out of which about 72% are food items. There are 19 cash desks installed in the sales area. The outlet is owned by the Company. The hypermarket is open 7 days a week from 9 am to 10 pm.