Denis Bulatov, Director of Bashspirt Trading House LLC, and Igor Pletnev, Managing Director of About, signed an agreement on strategic cooperation. It is aimed at promoting and selling Bashspirt products on the market of Moscow and the Moscow region through the MAY24 platform. This is stated in the message of the parties.
Bashspirt products will be presented on the digital showcase of the MAY24 platform. Over 2 thousand independent stores connected to MAY24 in the Moscow region will be able to order these products. The delivery of goods to the stores will be carried out by X5's own logistics as part of the supply routes for the "About" stores.
The About franchise was created to combine private entrepreneurship with the resources and competencies of a federal retailer. Currently, 546 stores under this brand operate in 17 regions of the Russian Federation.
Bashspirt Trading House LLC is a large retail chain of Bashspirt holding, uniting 140 stores located on the territory of Bashkortostan.
Bashspirt JSC is one of the largest producers of alcoholic beverages in the Russian Federation. The company's popular brands are represented in 40 regions of the country. The company unites distilleries in Bulgakovo, Sterlitamak, Belebey, Birsk, as well as an alcohol production plant in Sterlitamak. Bashspirt is developing its own Tantana retail network of 142 stores throughout the republic.
"About" is a chain of small stores that X5 Group develops under a franchise.
X5 Group is a Russian grocery retail company that operates stores of several retail chains: Pyaterochka convenience stores, Perekrestok supermarkets and Chizhik hard discounters. The company develops digital businesses Vprok.ru , 5Post, express delivery and "Lots of Salmon".
As of June 30, 2024, the company operated 25,466 stores with leading positions in Moscow and St. Petersburg, as well as a significant presence in the European part of Russia and a growing presence in the Far East. The network includes 21,997 Pyaterochka stores, 987 Perekrestok supermarkets, 1,785 Chizhik hard discounters and 612 Krasny Yar and Slata stores. The company also manages 63 distribution centers and 5,992 of its own trucks on the territory of the Russian Federation.
X5's net profit under IFRS for the first quarter of 2024 increased 2-fold to RUB 20.87 billion from RUB 9.69 billion a year earlier. Revenue increased by 27.3% to 886.22 billion rubles from 696.36 billion rubles, gross profit — by 27.1% to 212.56 billion rubles from 167.23 billion rubles, EBITDA — by 29.3% to 90.73 billion rubles from 70.19 billion rubles.
