Detsky Mir named one of Russia’s most transparent private companies

Detsky Mir Group, the largest children’s goods retailer in Russia and Kazakhstan, has been acknowledged as having among Russia’s most open and transparent procurement procedures by the National Procurement Transparency Rating (NPTR).

The NPTR announced the results of its 10th annual survey of public and private procurement in Russia on 7 December at an awards ceremony held at the Chamber of Commerce and Industry. Detsky Mir garnered the highest status of “guaranteed transparency” alongside two other companies: PJSC Tatneft and Gazprom Neft PJSC.

Detsky Mir Group Head of External and Internal Communications Nadezhda Kiseleva said: “Detsky Mir Group is Russia’s leading children’s goods retailer. We set the bar high not only in terms of offering our clients high-quality services and products, but also when it comes to maintaining open and transparent corporate procedures for our partners and the business community as a whole. Information about our procurement activities is freely available on our company website, so that all partners can have confidence in our clear and transparent contractor selection procedure. The NPTR’s rating is the latest confirmation of this.”

The NPTR is an independent private research centre that assesses the transparency and legal compliance of public and private procurement markets. Participants in all categories are rated on a five-point scale – guaranteed, high, average, basic and low transparency – that reflects the maturity and quality of their procurement procedures. Guaranteed and high transparency are considered to be positive evaluations, and basic and low transparency as negative. The NPTR bases its research on data sources including the official Single Procurement Information System (www.zakupki.gov.ru), company websites and participant surveys.

In its decade-long history, the NPTR has served as a tool allowing public scrutiny of public and private spending and has improved the discipline and organisation of procurement procedures.