OREANDA-NEWS. October 16, 2012. OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT) announces that the number of active employees has now exceeded 150 thousand.

Please be informed that the number of active employees in OJSC "Magnit" group of companies has exceeded 150,000. The total number of the Company’s employees as of October 10th, 2012, reached 165,000.

Based on public data (official websites of the companies, annual and quarterly reports), the Company made the list of the largest employers. We assume that today OJSC "Magnit" is likely the largest private employer in Russia and the 7th largest employer amongst public and private companies listed below:

Russian Railways

Gazprom

Russian Post

Sberbank

IDGC Holding

Rosneft

Magnit