OBI (retail chain)

OBI GmbH & Co. Deutschland KG is a German multinational home improvement supplies retailing company.

Due to the economic crisis and the small market share, the company decided in 2014 to close the stores, 5 of which were sold to Jumbo.

[4] In March 2022, Obi closed all operations in Russia due to the Russian invasion of Ukraine.

According to him, he acquired the Russian business of OBI for a symbolic price of 600 rubles (10 USD).

[7] On December 9, 2022, one of OBI's Russian stores burnt down due to a chemical explosion, resulting in at least one fatality.