
Even though the ownership of METRO Russia formally remains with METRO AG, the decree means that METRO itself no longer has operational control.
The Russian state has transferred operational control to “UK Torg RUS”, a company owned by the CEO of METRO Russia, Johannes Tholey.
Since the beginning of Russia's war against Ukraine in February 2022, METRO has taken a variety of measures to reduce the links between the Russian business and METRO AG. Further effects of the decree on METRO AG are currently being analyzed.
METRO expanded into the Russian market in 2001 and is present in Russia with 91 wholesale stores. Around 9,000 employees work for METRO in Russia.