…The Pyaterochka proximity format has integrated 81 of the stores, and the remaining four are operating under the Perekrestok brand. This deal is fully in line with X5’s development strategy, which seeks to combine organic…

…digital strategy, innovation and technology, which are among X5’s key strategic priorities. Mr Torbakhov has extensive experience in digital transformation processes, most recently as Deputy Chairman of the Executive Board of Sberbank, where he headed…

…line with its omnichannel business development strategy. St Petersburg and its surrounding communities are the second region (after Moscow and part of the Moscow region) where goods purchased online on perekrestok.ru are delivered. Online orders…

…city of the Altai Republic. Expanding the reach of its business into locations with less than 100,000 residents, X5 follows its strategy and invests in the quality of life in Russia. Over 45% of all Pyaterochka…

…X5’s strengthening market position as the largest food retailer in Russia and the solid execution of its growth strategy over the past four years, and takes into account the tightened financial leverage target following the…

…acquisition is fully in line with X5’s development strategy, which is focused on organic growth aided by targeted acquisitions of unique assets. By developing its retail formats and logistics infrastructure in Bashkortostan, X5 promotes the…

…(for X5) and Herbert Smith Freehills (for O’KEY). Igor Shekhterman, X5 Retail Group CEO, said: “This transaction is fully in line with our strategy of strengthening Perekrestok’s position as the leading supermarket chain in Russia. While…

…another 80–90 stores in the region. X5 is implementing its growth strategy and investing in the quality of life in Russia by expanding its reach into towns with less than 100,000 residents. Over 40% of…

…store in Sochi, one of the most prominent cities in the South of Russia. The huge potential of the Southern and North Caucasian Federal Districts makes this region an important part of our growth strategy.”​…

…Projects like this are part of Pyaterochka’s strategy for developing partnerships in high-value segments of additional services, which, in addition to mobile phone stores, also include pharmacies, children’s stores, repair and service kiosks, and bakers.​​…