One of the founders of the German Metro retail chain has changed jurisdiction

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AK&M 31 October 2026 22:46

Metro Cash & Carry Russia B.V., which owns 45.55% of Metro Cash & Carry LLC, has changed its place of registration from Norway to the Netherlands. Such data is contained in the HONEST BUSINESS information system.

Thus, Metro's Russian division is now 54.45% owned by Metro Cash & Carry International Holding BV (Netherlands) and 45.55% owned by Metro Cash & Carry Russia B.V. (Netherlands).

Metro is a major international food wholesaler and operates in more than 30 countries. The store chain has a total of 626 stores in 21 countries. METRO has opened 93 shopping malls in 51 regions.

As reported by AK&M, Metro Cash and Carry LLC paid record dividends to the owners in 2022 - early 2024 – 42.4 billion rubles. Prior to that, the company had not accrued or paid dividends for seven years. Payments began in 2022, when 17.8 billion rubles were allocated for dividends. In 2023, the owners have already received 20.2 billion rubles. In February 2024, another decision was made on the additional distribution among the founders of the net profit accumulated over the past years in the amount of 4.4 billion rubles.

In addition to dividends and payments for goods of the parent company of the Metro AG group (Germany), from 8 to 9 billion rubles are paid annually for franchising.

Metro Cash and Carry LLC ended the year 2023 with a net profit of 3 billion rubles and revenue of 226 billion rubles.

METRO is a major international food wholesaler and operates in more than 30 countries.