July 31, 2014 10:53 PM ET

Food and Staples Retailing

Company Overview of JSC Tander

Company Overview

JSC Tander, a mass grocery retail company, supplies perfumery, cosmetics, and household chemical goods. The company was founded in 1994 and is based in Krasnodar, Russia. JSC Tander operates as a subsidiary of Open Joint Stock Company - Magnit.

15/5, Solnechnaya st

Krasnodar,  350042


Founded in 1994


7 861 210 9810


7 8612 10 98 10

Key Executives for JSC Tander

Chief Executive Officer
Compensation as of Fiscal Year 2014.

JSC Tander Key Developments

JSC Tander Opens Revolving Credit Line with Open Joint-Stock Company Sberbank of Russia

OJSC Magnit announced the execution of the transactions on March 4, 2014. Type of transaction: Related party transaction. Subject of transaction: Provision by the Issuer of the guarantee under the agreement 29-15/1/415 on the opening of the revolving credit line as of March 4, 2014, executed between JSC Tander and Open joint-stock company Sberbank of Russia. Content of the transaction: In accordance with the guarantee agreement ?29-15/1/415n1 as of March 4, 2014 the guarantor shall be solidarily liable to the creditor for the fulfillment of obligations of the borrower under the credit agreement executed on the following terms: The credit line limit: RUB 4,500,000,000. The granted term of the credit is until March 3, 2017 (inclusive). The borrower shall pay the interest on credit to the creditor at the rate determined by the credit agreement but not exceeding 12% per annum. Deadline for the fulfillment of the obligation: The term of validity of the guarantee-until March 3, 2020; prior to the specified term the guarantee is terminated upon fulfillment of all obligations under the credit agreement by the borrower, or upon fulfillment of obligations under the agreement by the guarantor or to the extent otherwise stipulated by the legislation of the Russian Federation. The creditor-open joint-stock company Sberbank of Russia. The guarantor-open joint-stock company Magnit. The borrower (beneficiary)-joint-stock company Tander. The amount of the transaction in the monetary value and as a % of the asset value of the issuer: RUB 6,120,000,000 which amounts to 8.94% of the balance sheet assets of the issuer.

JSC Tander to Establish Branches in Tomsk and Novosibirsk Region

Open Joint Stock Company - Magnit announced that the company approved to establish the branch of JSC "Tander" in Tomsk, Tomsk region and in Novosibirsk, Novosibirsk region.

Tander Eyes Radna

JSC Tander intends to acquire Radna chain of stores from Nikolay Somov.

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