Lenta is the largest hypermarket chain in the Russian Federation and the fourth largest food retailer. The company was founded in 1993 in St. Petersburg. Lenta operates 254 hypermarkets and 140 supermarkets in 89 cities across Russia with almost 1.5 million square meters of selling space. The average Lenta hypermarket has approximately 5,500 square meters of selling space, while the Lenta supermarket averages 800 square meters. The company operates 12 distribution centers throughout Russia. Lenta is listed on both the London Stock Exchange and Moscow Exchange, trading under the ticker: 'LNTA'