BRICs and beyond: Russia’s X5 Retail plans aggressive expansion
Russia's leading grocery retailer X5 Retail Group's acquisition of soft discounter Kopeyka will give it a stronger base to drive…
Russia's largest retailer X5 buys local rival
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RUSSIA: X5 Retail Group to acquire Kopeyka
Russia-based X5 Retail Group announced plans today (6 December) to acquire soft discount operator Kopeyka. Moscow-based Kopeyka, which over 660…
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RUSSIA: O’Key raises US$420m in IPO
Russian retailer O'Key said today (2 November) that it had raised US$420m in its initial public share offer. The company…
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Comment: Is Russia resurgent?
Russia, the world's 12th largest economy, was hit hard by the global downturn. The drop in global manufacturing demand hit…
