Auchan, Metro Cash & Carry, Globus, and other foreign grocery chains may leave Russia.

“Despite the scale of the created trade infrastructure, according to the Ministry of Industry and Trade, the risks of such retail chains leaving the Russian market remain” Auchan, Atak, Metro Cash & Carry, Globus, and SelgrosThis is stated in the letter. First Deputy Prime Minister Andrei Belousov to the address head of the Cabinet of Ministers Mikhail Mishustin, write "News".

These networks own 483 retail outlets in 49 regions, their own distribution centers and production facilities, each with over 2 suppliers of products and raw materials, and more than 50 employees in various specialties.

So, there are Auchan and Metro stores in St. Petersburg, Rostov-on-Don, Nizhny Novgorod, Novosibirsk, Chelyabinsk, Kazan — in almost all major cities of Russia.

The Ministry of Industry and Trade proposed that the Cabinet extend for another year the amendments allowing domestic retailers to acquire the assets of foreign chains. Without these amendments, the trade law prohibits this if the company already holds a stake of 25% or more in a similar entity in the same region.