Tag Archives: X5

Corporate

Metro will continue to invest in Russia .. if it can

26 Mar 2014

METRO_cash_and_carry_Saint-Petersburg

German retailer Metro has announced that it will continue to invest in Russia provided that sanctions do not effect the ability of the company to import goods.
Metro Chief Executive Olaf Koch said in a CNBC interview that Russia and Ukraine were still good markets for Metro.  In Russia, Metro is the fourth largest retailer behind [...]

Corporate

Russian retailer pulls out of Ukraine

26 Mar 2014

Perekrestok

Russian retailer X5 Retail Group has sold the assets of its Perekrestok supermarket operations in the Ukraine to its competitor Varus.
The company generates less than 0.3 percent of its revenue in that country. It had only 12 stores in the company compared to nearly 5,000 in Russia.
In a statement the company said that its strategy [...]

Corporate

X5 sees market share decline

6 Nov 2013

Perekrestok

Russia?s X5 Retail Group has consistently remained the largest player on the retail market in Russia. However, viagra X5 Retail Group was the only retailer among PMR?s top 20 companies in the country whose market share decreased slightly last year. In 2012, it had 3% of the market, compared to 3.1% noted in the [...]

Corporate

EUR3.5m being invested in Polish milk products plant

29 Nov 2012

ostrowia

The Dutch based Milkiland, a major player on the Russian and Ukrainian milk market, is about to invest EUR3.5m in the reconstruction of the Ostrowia cheese plant facilities in eastern Poland.  Milkiland acquired this facility for EUR12m during the summer following its bankruptcy.
The company is investing immediately EUR2m in order to get the certification needed [...]

Corporate

Media Markt and X5 to introduce RFID tags in stores in Russia

29 Nov 2012

The German consumer electronics and home appliance chain Media Markt is to introduce RFID technology (radio-frequency identification) in its Russian stores. The first merchandise categories to receive RFID tags will be accessories and multimedia as they are stolen most often says analysts PMR.
In turn, and major food retailer (in terms of revenues)X5 Retail Group is to [...]

Analysis

Russian private label sector grows by 20%

5 Jul 2012

OKey own label pet food

Private labels represent a relatively new phenomenon in Russia. Combined with the low concentration of retail chains, sildenafil cialis this explains the modest level of private labels penetration. While private labels are associated with the quality and even brand identity on the mature European markets, recipe in Russia they signify only lower [...]