X5 Retail Group N.V. (ticker on the London Stock Exchange and the Moscow Exchange — FIVE, Fitch rating — BB+, Moody’s rating — Bа1, S&P rating — BB, RAEX rating — ruAA+) is Russia’s leading product retail company. It manages the stores of several retail chains: local stores under the Pyatorochka brand, Perekrestok supermarkets and Carousel