Ex-German Chancellor Schröder Joins Board of German Chain in Russia
Giperglobus said Schröder will help guide strategy as the chain remains one of the few foreign retailers still operating in Russia.
- Former German Chancellor Gerhard Schröder joined the supervisory board of Giperglobus LLC, which operates the Globus hypermarket chain in Russia. Owner Thomas Bruch told RBC that Schröder will guide the company's strategic development.
- Operating 22 stores in eight regions, Giperglobus remains one of the few foreign retailers continuing operations in Russia following the full-scale invasion of Ukraine. The company finances its activities with its own funds.
- While retailers like Metro Cash, Auchan, and Lemana PRO continue operating in Russia, the Kremlin placed their Russian legal entities under temporary management in September. Giperglobus manages its own affairs independently.
- Bruch said the former chancellor would help the company maintain an "approach focused on dialogue" and find constructive solutions under current conditions in Russia. This reflects the company's navigation strategy.
- Since the invasion began, Schröder has maintained his relationship with Russian President Vladimir Putin. In May 2026, Putin called the former chancellor his "preferred" mediator for negotiations with Ukraine, though Europe refused to let Moscow choose its representative.
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Former German Chancellor Gerhard Schröder has become a member of the supervisory board of the Russian supermarket chain Hyperglobus, which previously belonged to the German company Globus. But last year, the stores operating in Russia were separated from the holding company.
Former German Chancellor Gerhard Schröder was appointed to the supervisory board of Hyperglobus, the company operating in Russia the stores of the German Globus chain. The appointment takes place at a time when several Western companies that have remained on the Russian market face the risk of their assets becoming under state control.
Altkanzler Schröder becomes Supervisory Board member of the Russian offshoot of the supermarket chain Globus. Only a few days ago, Kremlin chief Putin had placed foreign companies, including Metro, under compulsory administration in Russia.
Former German Chancellor Gerhard Schroeder, known for his ties to Russian President Vladimir Putin, has been appointed a member of the supervisory board of Russian shopping mall chain Hyperglobus, formerly part of the German Globus group, Russian newspaper RBK reported on Friday.
Gerhard Schroeder has been appointed a member of the supervisory board of the Russian branch of the German supermarket chain Globus, the dpa news agency reported. The former German chancellor has maintained close ties with Russia and its leader Vladimir Putin for years.
Former German Chancellor Gerhard Schroder became a member of the supervisory board of the Russian subsidiary of the German retail group Globus, announced the company on Friday, informs Mrs.
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