Coin
Since 2001
Russia
Siberian Federal District of the Russian Federation
Ural Federal District of the Russian Federation
Yekaterinburg
620100, Siberian Tract, 12, p.8
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The Monetka retail chain is one of the leading retail chains in Yekaterinburg and the Ural region. The network as of January 01, 2010 includes 214 stores. Of these, 22 are Coin Super supermarkets and 192 are Coin discounters. Monetka TS stores operate in the Sverdlovsk, Chelyabinsk, Tyumen, Kurgan, Moscow, Khanty-Mansi Autonomous Okrug, Yamalo-Nenets Autonomous Okrug and the Republic of Bashkortostan.
On March 17, 2008, FIT took part in a project to automate a new network of 15 discounters, which are part of the Monetka transregional network in Moscow and the Moscow Region.
History
2023: Lenta bought Monetka
On October 17, 2023, Lenta officially announced the purchase of the Monetka chain of convenience stores, which includes 2120 outlets. The total trading area of the assets included in the perimeter of the transaction amounted to 606 thousand square meters. m, it is 100% leased. Most Monetka stores are located in the Urals and Western Siberia, the average trading area of one is 290 square meters. m. The financial component of the transaction was not disclosed by the company.
The general director of Infoline-Analytics, Mikhail Burmistrov, in a conversation with Kommersant, estimated the cost of Monetka at from 65 billion rubles. Coin is one of the fastest growing regional FMCG networks, the profitability of which in 2022 exceeded the indicators of Lenta, Red & White, Metro and Traffic Light, the expert noted.
According to the press service of Lenta on October 17, 2023, the Federal Antimonopoly Service (FAS) of Russia granted a petition to agree on a transaction with the simultaneous issuance of an order to take actions aimed at ensuring competition. Among other things, on the basis of this regulation, Lenta will fulfill social obligations for one year to establish a maximum level of trade markups for some trading positions in the Khanty-Mansiysk urban district. The deal is closed.
It is expected that the Monetki business will continue to function as a separate legal entity with the preservation of the main operating processes, and the stores will operate under the existing brand. Lenta will begin to consolidate the acquired business in its statements from October 2023.
Chairman of the Board of Directors of Lenta Alexey Mordashov said that the deal will give new impetus to the development of the group, strengthening its position in the regions and increasing its share in the grocery retail market. According to Lenta CEO Vladimir Sorokin, the next step will be to combine procurement conditions and find synergies in logistics, IT and other processes in order to increase business efficiency.[1]