This was announced by CEO Igor Shekhterman in a conference call with investors. "As I said, we plan to open about 2.5 million stores by the end of the year", — said Sichterman.

Previously, the retailer X5 Retail Group planned to open in 2017, more than 2 thousand shops.

Net profit of X5 Retail Group in the first half of 2017, according to international financial reporting standards (IFRS) increased compared with the figure for the same period last year by 43.8% and made up 18.69 billion.

About the company:

X5 Retail Group is one of the leading multi-format Russian food retailer (the"Pyaterochka", "Perekrestok", "Karusel").

www.x5.ru