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September 29, 2015
X5 Retail Group

X5 Signs RUB 24 bn Long-term Loan Facility with VTB Bank

X5 Retail Group N.V. has signed a RUB 24 bn long-term unsecured loan facility agreement with VTB Bank (“VTB” and/or the “Bank”) with tranches maturing in up to 3 years.

TAG: Retail Trade

September 08, 2015
X5 Retail Group

Stephan DuCharme Nominated as Chairman of the Supervisory Board

X5 Retail Group N.V. today announced that Stephan DuCharme has decided to step down as CEO of X5 having successfully completed X5’s turnaround.  The Board has nominated Igor Shekhterman, currently member of the Board, to succeed Stephan as CEO of the Company.

TAG: Retail Trade

September 03, 2015
X5 Retail Group

Х5 Announces the Signing of a Memorandum of Cooperation Between Pyaterochka and Railway Trading Company

Moscow, 3 September 2015. – X5 Retail Group announces the signing of a memorandum of cooperation between Pyaterochka and Railway Trading Company (“RTC”). The joint project of launching of RTC-Pyaterochka-branded retail chain is intended to open near 300 stores in Russia.

TAG: Retail Trade

August 18, 2015
X5 Retail Group

X5 Acquires More than 100 Stores in Southwest Russia

X5 Retail Group announces the acquisition of 104 stores owned by the Rosinka Group in the Orel, Voronezh, Lipetsk, Kursk and Tambov regions.

TAG: Retail Trade