X5 Retail Group
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| Traded as | : |
|---|---|
| Industry | retail |
| Founded | 2006 |
| Headquarters | Moscow, Russia |
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Key people
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Igor Shekhterman, Stephan DuCharme |
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Number of employees
|
196 128 |
| Website | x5 |
X5 Retail Group is the largest food retailer in Russia. As of 31 March 2017, X5 had 9,817 Company-operated stores.
The company was created in May 2006 after the merger of the Pyatyorochka and Perekrestok food retail chains. It was the country's largest retailer in terms of sales before being overtaken by Magnit in April 2013. A rival grocer, Kopeyka, was acquired by X5 for $1.12 bln in 2010. X5 also operates the Karusel hypermarket chain.
X5 Retail is listed on the under the ticker symbol .
The company's main shareholder is Alfa Group (47.86%).
In November 2015 shareholders of X5 Retail Group confirmed Igor Shekhterman’s appointment as a Chief-Executive officer up to 2019. Mr. Stephan DuCharme appointment as Chairman of Supervisory Board at X5 Retail Group.
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