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Magnit PJSC (Magnit PJSC) Policy Acquisition Expense


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What is Magnit PJSC Policy Acquisition Expense?

Policy Acquisition Expense only applies to insurance companies.


Magnit PJSC (Magnit PJSC) Business Description

Traded in Other Exchanges
Address
15/5, Solnechnaya Street, Krasnodar, RUS, 350072
PJSC Magnit operates in the retail and distribution of consumer goods under the Magnit, the DIXY and the Megamart names. The Group's retail operations are operated through convenience stores, cosmetic stores, supermarkets and other. The Group's business operations are located in the Russian Federation and relate primarily to retail sales of consumer goods. The company operates in about 4,000 localities. The company utilizes a multiformat model, which includes convenience and drogerie stores, supermarkets and pharmacies. Aside from commodity sales, it operates a private-label food production business. The company manages several plants for growing vegetables and the production of dry food and confectionery.