According to Russian media reports, the former Chancellor will become a supervisory board member at the Russian branch of the Globus supermarket chain.
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Hyperglobus split off from the German Globus Group in 2025 and is formally independent.
According to Russian media reports, Gerhard Schröder will become a supervisory board member of the Russian branch of the German supermarket chain Globus. Formally, it acts independently.
Schröder is to take on a new position in Russia's retail sector. Russian media report that Gerhard Schröder has been appointed to the supervisory board of the Hyperglobus supermarket chain. Accordingly, the group announced that the general meeting had appointed him as a member of the supervisory board. Hyperglobus was once a subsidiary of the German company Globus, spun off in 2025 and has been formally independent ever since. The owner is the German entrepreneur Thomas Bruch, while the markets in Russia continue to bear the Globus name.

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Inflation in the euro zone rose to 3.8 percent in September, driven primarily by high energy prices as a result of the Iran war. This is the highest level since September 2023 and is well above the ECB target of two percent.

Former Chancellor Gerhard Schröder has become a member of the supervisory board of the Russian retailer Hyperglobus. He is supposed to help with strategic direction and defends economic relations with Russia.

The Dax started trading on Friday with a plus after falling the day before. Investors are now focusing on euro inflation as well as important US economic data and the US jobs report.

Inflation in the euro area rose to 3.8 percent in September, driven primarily by energy prices. The ECB is facing upcoming interest rate decisions.

Inflation in the euro zone unexpectedly rose to 3.8 percent in September. This increases the pressure on the ECB regarding a possible interest rate hike at the end of October.