Softline Russia, which was spun off from the Softline international company, plans to hold an IPO on the Moscow Exchange. The company may go public in the third quarter of 2023.

Earlier, Softline announced the sale of the Russian branch. The local company founder Igor Borovikov became the owner. As a result of separation, two companies, Softline Russia and Softline Global, emerged. Later, it was announced that Softline would operate under the Noventiq brand in the global market.

Original in Russian