Sergey Shnayder, founder of the Russian discount chain Mere, is registered at an apartment in Budapest's 7th district but reportedly does not live there. Mere, known for lower prices than Lidl and Aldi, is expanding into Hungary. Shnayder, a reclusive billionaire with a fortune of $1.4 billion, has a complex background and limited public information. His brother Andrey is also involved in the business. Despite using the Budapest address for contracts, there are indications that the Shnayder brothers may reside in Russia. They were placed on Ukraine's sanctions list in 2021, leading to speculation about their European address usage. Teljes cikk (Telex.hu)