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sq. m. m. It is expected that the retailer's revenue with the acquisition of Monetka will increase by more than 30%, and the gross margin by 1.5 percentage points. The deal will also increase Lenta's share in the Russian market by 37%. At the same time, in the Tyumen, Sverdlovsk, Kemerovo regions, Yamalo-Nenets Autonomous Okrug, Khanty-Mansi Autonomous Okrug, and Perm Territory, the company’s share will exceed 10%.
Lenta confirmed its long-term goal of reaching RUB 1 trillion. revenue in 2025. Lenta's revenue in 2022 amounted to RUB 537.4 billion, an increase of 11.1% compared to 2021. In the first half of 2023, the company's revenue amounted to RUB 257.1 billion, which is 2% less year-on-year. At the same time, revenue for the 2nd quarter increased by 1.9%, amounting to 132.5 billion rubles. Lenta plans to increase the number of new openings over the next 2 years, with a focus on small format stores.
9.2.6 Agriculture corporate news 9.2.7 TMT corporate news
● Yandex
According to Frank Media, at the beginning of August 2023, the owners of Yandex almost completed negotiations with the authorities on the amount of the transaction for the division of assets. However, the conditions of separation between its Russian and international structures, which are discussed in the relevant government commission, have changed due to criticism of military actions by the company’s co-founder Arkady Volozh. The head of the Ministry of Digital Development, Maksut Shadayev, proposed to pause the payment and approval, which was done. Later, the department notified that it was possible to negotiate with Yandex on new terms and with a smaller amount, the deal is at the finalization stage. According to unofficial information, first of all we are talking about the financial component - the amount that was supposed to go to the Dutch Yandex N.V. decreased from $250mn to $70–80mn.
Russian Internet company Yandex has become Europe’s first to start testing a self-driving car without a driver in the city of Innopolis in the republic of Tatarstan, a company spokesperson told PRIME on October 25. “The final stage passes without a driver – the car is accompanied by another car with an operator who can halt the self-driving car remotely if needed,” Andrei Karmatsky, head of the company’s robotaxi department, said. It is the third stage of testing, while the first implies a test driver in the driver seat without riding the car but ready to take control in case of emergency. At the
141 RUSSIA Country Report November 2023 www.intellinews.com