Sber said it will sell all “unnecessary” warehouses

Sber will gradually abandon business areas that do not bring profit in the medium term. In particular, the bank will sell all unnecessary warehouses to marketplaces. This was stated by the head of “Sber” German Gref at the Day of the investor, the correspondent of RBC.

In 2026, the company transformed the e-commerce model.

“We had a huge number of warehouses that were generating a loss, but this warehouse situation helped us in this case. In fact, in my opinion, by the end of this year, we will hand over 100% of the warehouses that are unnecessary for us and sell them to marketplaces. And this was a big source of our negative result, Gref said.