German retailer Globus stayed in Russia after the full-scale invasion. Now its Russian arm has put former German Chancellor Gerhard Schröder on its supervisory board.

Gerhard Schröder, the former German chancellor, has joined the supervisory board of Giperglobus LLC, which runs the Globus hypermarket chain's 22 stores across eight Russian regions. Company owner Thomas Bruch said Schröder's 'many years of experience' in Russian affairs would help the business find 'constructive solutions' and maintain a dialogue-focused approach, according to a spokesperson who spoke to RBC.

Globus is among the small number of foreign retailers, alongside Metro Cash & Carry, Auchan, and Lemana PRO, that kept operating in Russia after the full-scale invasion of Ukraine; Putin placed those other three under temporary state management by decree in September. Schröder has maintained his relationship with Putin throughout, meeting him in Moscow in 2022 and again in 2026, and Putin has called him his 'preferred' mediator for Russia-Ukraine talks, an offer Europe has refused to accept.

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