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EPAM Advises Lenta on Re-domiciliation Process in Russia

EPAM Advises Lenta on Re-domiciliation Process in Russia

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Egorov Puginsky Afanasiev & Partners has advised Russian retailer Lenta on its re-domiciliation from Cyprus to Russia.

Lenta is a St. Petersburg-headquartered hypermarket chain that operates 122 hypermarkets in 63 cities in Russia, as well as 27 supermarkets in Moscow. The company was founded in 1993 and currently employs around 35,100 people.

According to EPAM, Lenta was registered as a new resident of the Special Administrative Region on Oktyabrsky Island, Kaliningrad Oblast, on February 17, 2021. 

EPAM’ s team consisted of Partner Arkady Krasnikhin, Counsel Oleg Ushakov, Senior Associates Tatyana Boyko and Maxim Baryshev, Associate Gilyana Haraeva, and Junior Associates Dmitry Kabanov and Svetlana Apsalikova.