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November 16, 2006
X5 Retail Group

Interview with X5 RETAIL GROUP N.V Supervisory Board Chairman Herve Defforey in Kommersant Daily newspaper

Since the beginning of November, the Supervisory Board of X5 Retail Group has been led by Herve Defforey, the son of one of the founders of the international retail chain Carrefour. He is developing a strategy for the merged company and will consult on Pyaterochka and Perekrestok’s...

TAG: Retail Trade

November 13, 2006
X5 Retail Group

X5 Retail Group N.V. GDR Purchase

Amsterdam, 13 November 2006 - X5 Retail Group N.V., Russia’s leading grocery retailer,  announced that Perekrestok Holdings Limited, a 100% subsidiary of X5 Retail Group N.V., purchased today 3,231,480 GDRs from Templeton Strategic Emerging Markets Fund LDC at a price of US $ 21.75 per GDR. ...

TAG: Retail Trade

October 27, 2006
X5 Retail Group

Pyaterochka Holding N.V. changes its name to X5 Retail Group N.V.

Amsterdam, 27 October 2006 - Today, an official announcement was made to the effect that Pyaterochka Holding N.V. - Russia’s leading grocery retailer in terms of sales - shall henceforth be known as X5 Retail Group N.V. The new name of the Group reflects the changes that have taken place in...

TAG: Retail Trade

October 18, 2006
X5 Retail Group

New Chairman of the Supervisory Board of X5 Retail Group N.V.

Amsterdam, 18 October 2006 - X5 Retail Group N.V. (Pyaterochka Holding N.V.) Russia’s leading grocery retailer, announced today its intention to appoint Mr. Herve Defforey as the Chairman of the Supervisory Board on 2 November 2006. Group CEO Lev Khasis commented: “The merger between...

TAG: Retail Trade

October 13, 2006
X5 Retail Group

Pyaterochka Holding N.V. announces the acquisition of a retail chain and a distribution center in Moscow

Amsterdam, 13 October 2006 - Pyaterochka Holding N.V., Russia’s leading grocery retailer, today signed a binding agreement to acquire 100% of OOO “Metronom AG”. The enterprise value of the transaction is US$ 200 mln payable in cash and through assumption of debt.   As a result, Pyaterochka...

TAG: Retail Trade