METRO AG to Cease Kazakhstan Operations by March 2027
METRO AG plans to discontinue its business activities in Kazakhstan by the end of March 2027. All six stores and delivery operations will be phased out.
German wholesale company METRO AG has announced its decision to cease operations in Kazakhstan by the end of March 2027. The company will phase out all six of its stores and associated delivery services within the country.
The decision follows a review of the business's long-term prospects. METRO AG cited persistent challenges in establishing a foundation for sustainable growth, despite efforts to adapt its wholesale model to the local market conditions.
METRO AG has committed to supporting its approximately 650 employees through the transition period. The company stated that its priority is to manage the process responsibly and respectfully for its employees, business partners, and other stakeholders.
METRO AG entered the Kazakh market in October 2009. The company has invested in its store network, logistics, and workforce over the years. The withdrawal suggests difficulties in the specialized food wholesale sector, particularly with a geographically dispersed customer base.