Former German Chancellor Gerhard Schröder joins supervisory board of Globus hypermarket chain in Russia
Former German Chancellor Gerhard Schröder has joined the supervisory board of Giperglobus LLC (ООО «Гиперглобус»), which operates the Globus hypermarket chain in Russia, according to reports by the Kremlin-aligned publications RBC and Kommersant , both of which cited company representatives. The decision was made at a meeting of the company’s shareholders. Schröder will help oversee the…
Former German Chancellor Gerhard Schröder has been appointed to the supervisory board of Giperglobus LLC, the Russian company operating the Globus hypermarket chain. This decision was made during a shareholder meeting, as revealed by Kremlin-aligned publications RBC and Kommersant. The appointment was made due to Schröder's extensive experience in Russia's political and economic landscape.
Thomas Bruch, the owner of Giperglobus and a shareholder in the global Globus group, praised Schröder's perspective, stating it would aid the company in maintaining a dialogue-oriented approach amid current conditions. Despite leaving Germany's Globus Holding in January 2025, Giperglobus continues to use the Globus brand and shares the same shareholders as the German chain.
Other foreign retailers, such as Metro Cash & Carry, Auchan, and Lemana PRO, also maintain operations in Russia, though their businesses are currently under temporary management. Schröder has a known connection to Russia, having been referenced by Putin as a potential mediator in Ukraine discussions.
Written by urgent.news from The Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
