OBI
Also known as: OBI Group
LeaveRussia detail: Exit Completed
OBI GmbH & Co. Deutschland KG is a German multinational home improvement supplies retailing company. It is headquartered in Wermelskirchen and operates 668 stores in Europe, of which 351 are in Germany.
Business in Russia
04.2023: The record about the founder of MODUL-2 LLC has been removed. ALLONGE JSC becomes the new founder of the organization. German retailer OBI is challenging the use of the brand in Russia in court. The OBI hypermarket chain may change its name to QBI. The choice of a name for the company is a forced measure after the termination of the license agreement with the German OBI GmbH and the change of ownership.
Decision trail
Decision date 27/06/2023 · Reference ↗
Exit Russian market completely. LLC was sold to a local legal entity. The first hypermarket of the German DIY chain OBI will open in Myakinino near Moscow on the site of the burnt-out Sindika market. The OBI retail chain may come under the control of Mordashov's Severgroup structures. Hermes LLC acquired 65% of shares in three legal entities of the OBI construction hypermarket chain.
Local stats (LeaveRussia)
Status history since 2022
- 03/08/2026 — exited · Imported from KSE LeaveRussia
Possible sanctions matches
Name-based matches against EU/US/UK lists — verify identity before drawing conclusions.
Exposure profile
Full exposure profile is a Professional feature
Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
Upgrade to Professional