X5 opens new warehouse for Perekrestok and Karusel in the Nizhny Novgorod region
Dzerzhinsk, 17 November 2014
X5 Retail Group N.V., (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announced today the opening of the Company’s second distribution center (DC) in the Nizhny Novgorod Region. The new DC is located in Dzerzhinsk and will focus on providing goods to Perekrestok and Karusel stores in the Nizhny Novgorod and Kirov Regions and the Chuvash and Mari El Republics. Sladkaya Zhizn owns the 44,000 square meter facility and will act as operator.