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Tag: Rostelecom

X5 Retail Group’s proximity format Pyaterochka to enhance the effective use of real estate currently owned by Rostelecom

Moscow, 2015-3-12 — /EPR Retail News/ — X5 Retail Group N.V. (‘X5’ or the ‘Company’), a leading Russian food retailer (LSE ticker: ‘FIVE’), announced today the signing of a letter of intent (the ‘Letter’) between Pyaterochka, the Company’s proximity format, and Rostelecom. Under the terms of the Letter, the parties will form a long-term partnership to enhance…

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