Denis Gurov Appointed Logistics Director at Detsky Mir Group

Moscow, Russia, 6 July 2020 – Detsky Mir Group (“Detsky Mir” or the “Company”, MOEX: DSKY), Russia’s largest specialized children’s goods retailer, announces the appointment of Denis Gurov as Logistics Director and Member of the Company’s Management Board.    

Denis has over 16 years of retail and logistics experience. Before joining Detsky Mir, he led the logistics function at Dixy Group, where he was responsible for managing eight distribution centers and an in-house delivery service. Prior to that, Denis was in charge of logistics at Pharmacy Chain 36.6, where he launched an automated line project to considerably cut the chain’s logistics costs. Denis started his professional career at the leader of the logistics industry both in Russia and globally, the international express freight and document delivery company DHL, where he organized and launched a warehouse from scratch.

As the Logistics Director at Detsky Mir Group, Denis will be responsible for further expanding the Group’s logistics capacity by launching regional distribution centers across a series of large Russian cities, developing delivery services and scaling up omnichannel processes.

“First and foremost, I would like to thank the outgoing Logistics Director, Vyacheslav Mikhnenko, for his efforts and immense contribution to developing the logistics processes across Detsky Mir. Over the past eight years, he has done a phenomenal job, providing a solid foundation for our further growth. I am really happy that Denis Gurov has joined our team and am convinced that the challenges we are stepping up to, along with our sophisticated logistics processes, will give us the impetus to deliver on the most ambitious of goals and leading-edge projects, fit for our position as the leader of the children’s goods market,” noted Maria Davydova, CEO of PJSC Detsky Mir.

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The Detsky Mir Group of Companies (MOEX:DSKY) is a multi-format retailer and the leader in the children’s goods sector in Russia. The Group comprises the Detsky Mir and the Detmir Pickup retail chains, the ELC (Early Learning Centre in Russia) and the ABC retail chains, as well as the Zoozavr pet supplies retail chain. The Company operates a retail chain of 782 Detsky Mir stores located in 301 cities in Russia, Kazakhstan and Belarus, five Detmir Pickup stores, as well as 43 ELC, 9 ABC and eleven Zoozavr stores as of 30 June 2020. The total selling space was approximately 855,000 square meters.

Detsky Mir Group’s shareholder structure as of the date of this announcement is as follows: PJSC AFK Sistema[1] – 20.38%; The Capital Group Companies, Inc. – 5.64%; Russian-Chinese Investment Fund (RCIF) [2][3]– 4.62%, Free float – 69.36%.  

Websites: detmir.ru, elc-russia.ru, ir.detmir.ru

([1]) Sistema PJSFC is a publicly-traded diversified Russian holding company serving over 150 million customers in the sectors of telecommunications, children’s goods retail, paper and packaging, healthcare services, agriculture, high technology, banking, real estate, pharmaceuticals and hospitality

([2]) RCIF, an equity investment fund established by the Russian Direct Investment Fund (RDIF) and China Investment Corporation (CIC), holds its stake in PJSC Detsky Mir through its funds: Floette Holdings Limited and Exarzo Holdings Limited.