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Former German Chancellor Gerhard Schröder has joined the supervisory board of Giperglobus LLC, the Russian operator of Globus hypermarkets. The company says he will advise on management and strategy; the appointment comes as the German retailer continues operating in Russia following the full-scale invasion of Ukraine.
Former German Chancellor Gerhard Schröder has joined the supervisory board of Giperglobus LLC, the Russian company operating Globus hypermarkets, according to a spokesperson for the chain quoted by RBC. The appointment gives Schröder a role in helping manage the business and guide its strategy in Russia, where Globus has continued operating since Russia’s full-scale invasion of Ukraine.
A chain spokesperson told RBC that Schröder would help with the management of Giperglobus and the strategic development of its business in Russia. Giperglobus owner Thomas Bruch said the company expected to draw on Schröder’s experience in Russian political and economic affairs. The report did not give details about his responsibilities, compensation, or the length of his appointment.
Bruch said Schröder could help Giperglobus maintain what he called an “approach focused on dialogue” and find constructive solutions under current conditions. Those are the owner’s stated reasons for the appointment; the report does not specify what issues the board expects Schröder to address or what decisions he will take part in.
Giperglobus operates 22 stores in eight Russian regions, according to the report. The company now finances its Russian operations with its own funds and shares shareholders and a brand with the German chain. The available information does not describe the precise financial or corporate relationship between the Russian operator and the German parent beyond those points.
Schröder’s Role in a Continuing Russian Business
The appointment puts a former German head of government on the supervisory board of a company serving the Russian market while its German-linked retailer continues to operate there. It is a development at the intersection of corporate governance and Schröder’s longstanding ties to Russia, rather than an announcement that Globus is entering or leaving the country.
For readers tracking how foreign companies have responded to the invasion, Globus is among the retailers identified in the report as still operating in Russia. The appointment may draw additional scrutiny to the company’s decisions and to the role of a prominent former European leader in a Russian business. The report does not establish that the appointment changes Globus’s operating status or that Schröder will represent the German parent in any official capacity.
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Globus and Schröder’s Russia Ties
Globus is one of several foreign retailers that continued operating in Russia after the start of the full-scale invasion of Ukraine, Meduza reported, citing RBC. Metro Cash & Carry, Auchan, and Lemana PRO, formerly Leroy Merlin, were also reported to remain in the country. In September 2026, Russian President Vladimir Putin signed decrees placing the Russian legal entities of those other retailers under temporary management, according to the source material. The report does not say that Giperglobus was covered by those decrees.
Schröder has maintained ties with Russian President Vladimir Putin since leaving office and has continued visiting Russia. In July 2022, after meeting Putin in Moscow, Schröder said a rift between them was impossible. In May 2026, Putin described Schröder as his “preferred” mediator for negotiations between Russia and Ukraine, but European governments rejected Moscow choosing its representative. The Kremlin said in June 2026 that the two had met again, without providing details of their conversation.
““approach focused on dialogue””
— Giperglobus owner Thomas Bruch, as quoted in the report
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Appointment Details Still Unreported
The report does not specify when Schröder’s appointment takes effect, the exact scope of his supervisory-board powers, whether he will receive compensation, or how often he is expected to participate. It also does not describe how the board is structured or whether the appointment requires approval from any other company body.
It remains unclear whether Schröder’s role is limited to advising Giperglobus or involves decisions over day-to-day management. No information in the report indicates that his appointment changes the ownership, financing, or operating status of the Russian business. The relationship between Giperglobus and the German chain is described only in broad terms: they share shareholders and a brand, while the Russian company funds its operations itself.
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What to Watch in Board Disclosures
Further details may come from Giperglobus or Globus, including the effective date of the appointment and a fuller account of Schröder’s duties. The report does not identify a scheduled board meeting, company announcement, or other next milestone.
Readers can also watch for any company disclosures clarifying the relationship between the Russian operator and the German retailer, and whether Schröder’s appointment affects business policy in Russia. Until further information is published, the confirmed development is his appointment to the supervisory board and the company’s stated expectation that he will advise on management and strategy.
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Key Questions
What position has Gerhard Schröder taken?
He has joined the supervisory board of Giperglobus LLC, the Russian operator of Globus hypermarkets, according to a chain spokesperson quoted by RBC.
What will Schröder do on the board?
The company says he will help manage the business and guide its strategic development in Russia. The report does not provide a detailed list of duties or explain his decision-making powers.
How many Globus stores does Giperglobus operate in Russia?
Giperglobus operates 22 stores across eight Russian regions, according to the report.
Is Globus still operating in Russia?
Yes. The report says Globus remains among the foreign retailers that have continued operating in Russia since the full-scale invasion of Ukraine. Giperglobus is described as financing its operations with its own funds.
Has the appointment changed Globus’s ownership or business status?
The available report does not say that it has. It says Giperglobus shares shareholders and a brand with the German chain, but funds its Russian operations itself. No change to ownership or operating status is reported.
Source: rss
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