The Russian retail group Pyaterochka is seeking a local stock market listing, the company’s chief financial officer Vitaly Podolsky said in an interview with Reuters.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The company said it believes it has a strong chance of attracting attention from institutional investors specialising in emerging market and Russian stocks.


Pyaterochka, which has a major investment programme planned for the coming few years with budgeted capital expenditure of some US$700m, also said it is planning to speed up the buying out of its regional franchises.


Podolsky also revealed that the company does not plan to make any dividend payouts for the foreseeable future, with all earnings being reinvested in the business.


 

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now