OREANDA-NEWS. September 21, 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.

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.