Lenta is one of the largest retail chains in Russia and the country's second largest hypermarket chain. The company was founded in 1993 in St. Petersburg. Lenta operates 195 hypermarkets in 78 cities across Russia and 57 supermarkets in the Moscow, St. Petersburg, Novosibirsk and the Central region with a total of approximately 1,171,523 sq.m. of selling space. The average Lenta hypermarket store has selling space of 5,800 sq m. The company operates six distribution centres for hypermarkets and one for supermarkets. The company's stores base themselves on price-led hypermarkets and supermarket scheme. Lenta has more than ten million active loyalty cardholders and approximately 93% of all sales in Lenta stores are tied to our loyalty card. Lenta employs around 45,635 full time employees as of 31 December 2016.
The company's management team has a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, all of whom are committed to maintaining high standards of corporate governance and responsibility. Global Depository Receipts (GDRs) of Lenta Ltd. are listed on the London Stock Exchange and on the Moscow Exchange.