…has come to Russia’s largest region, which is also one of the most remote areas in the country and hence a particularly challenging market. This is a new milestone in the Company’s history. Importantly, it…

…history of the current industry leader, which was created following a merger between Perekrestok (meaning “Crossroad” in Russian and represented by the letter “X” in the ticker symbol) and Pyaterochka (meaning “Five” in Russian and…

…low prices. The chain spans 45 regions of Russia, serving over one million customers every day and tallying more than 1.3 billion purchases over its five-year history. According to INFOline, Chizhik was the leading hard discounter in…