Diksi Yug AO (Russia)

Dixy Yug AO is one of the subsidiaries of the DIXY Group of Companies – one of Russians leading retailers of foods and everyday products. The company specializes in developing neighborhood store supermarkets in Moscow, St. Petersburg and three federal districts of Russia: Central, Northwest and Urals and also in Kaliningrad region, which together account for more than half of the retail market for foods and everyday products in the Russian Federation. In May 2007, the Company raised $360 million in its IPO on RTS and MICEX. Company shares are included in two RTS indexes: the Consumer & Retail Index (RTScr) and the RTS-2 Second-Tier Stock Index (RTS2), as well as in the MICEX Consumer Goods and Services Index (MICEX CGS). The Mercury Group of Companies, a diversified holding company, owns a controlling stake in OJSC DIXY Group. In 2010, Mercury Groups consolidated turnover exceeded $15 billion. In addition to the DIXY Group, its core assets are: Megapolis Group of Companies, Russias largest distributor of FMCG products and one of the worlds largest distributors of tobacco products; SovInterAutoService, one of the largest trucking companies in the CIS backed by more than 30 years of truck transport within Russia in Western and Eastern Europe and Asia; The Mercury Development group of companies, known for projects such as construction of class A+ multipurpose Mercury City Tower at Moscow City development and M.V.Frunze Resort in Sochi, and others; OAO Gorevsky GOK, Russias largest polymetal (lead, zinc) producer and smelter; Turboholod Manufacturing Facility (a developer of turboexpanders for the oil and gas industry); The Degtyarev Plant (a manufacturer of civilian and military equipment). DIXYs first store opened in Moscow in March 1999; at the same time MEGAMART retail stores began operating in Yekaterinburg. The DIXY chain has been expanding in St. Petersburg since 2000. The company initially focused on serving the mass consumer segment in Russias most popular soft discount format.