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Industrial News
X5 Retail Group to Invest $1 bln. in Logistics System
2007-09-20 00:00:00
19 September 2007 the head of X5 Retail Group Lev Khasis told that during the next 3-4 years the company plans to invest $1 bln. in logistics system development.
As Interfax reports, the company plans to put into operation logistics complexes with an overall area of 600-700 th. sq. m., which will be situated all over the European part of Russia.
Also L. Kharis noted that the company's trial project in Cash&Carry format will be implemented in 2008, and the decision on the development of the format will be made on the analysis f its effectiveness.
Source: Seanews
As Interfax reports, the company plans to put into operation logistics complexes with an overall area of 600-700 th. sq. m., which will be situated all over the European part of Russia.
Also L. Kharis noted that the company's trial project in Cash&Carry format will be implemented in 2008, and the decision on the development of the format will be made on the analysis f its effectiveness.
Source: Seanews