OREANDA-NEWS. September 23, 2011. DIXY Group, one of the Russia's leading retailers of foods and everyday products, has announced the opening of its one-thousandth location. The milestone DIXY located at 14, Teatralnaya st. in the city of Krasnozavodsk of Moscow Region is of the "neighborhood store" type, which the company has made its strategic focus. DIXY stores comprise the majority of its locations, with 733 in operation as of today.

DIXY Group's 2011 acquisition of Victoria Group substantially increased its number of storefronts. Meanwhile, DIXY Group continues to grow organically, and plans to have opened more than 160 new stores by the end of this year.

DIXY Group (RTS, MICEX: DIXY) is one of Russia's leading retailers of foods and everyday products.

The first DIXY store opened in 1999 in Moscow and, after the period of intense organic development and purchase of Victoria Group in June, 2011, as of September 21, 2011, the Group operated 1000 stores, including 733 DIXY neighborhood stores, 221 stores under the "Kvartal", "Deshevo", "Semeynaya Kopilka" brands, 21 Victoria supermarkets, 16 MEGAMART (compact hypermarket) stores, 8 MINIMART (supermarket) stores and 1 CASH (cash&carry) store.

The Company operates in three Federal Districts of Russia: Central, Northwest, Urals, and in Kaliningrad region.

As of September 21, 2011, the Company had a total of 370,948 square meters of selling space. The Company is the third largest among Russian national retail operators in the food retail market by revenue, selling area and number of stores and employs more than 32,000 people.

In May 2007 the Company raised USD 360 million in its IPO on the RTS and MICEX. A controlling stake in DIXY Group, OJSC (54.4%) is owned by the Mercury Group of Companies, a diversified holding company.

In 2010, DIXY's total revenue reached RUR 64.7 billion; Victoria's total revenue reached RUR 32 billion.

The Russian business magazine Expert rates DIXY Group as one of the Top-100 largest Russian companies.