Eight FMCG companies presented their products to X5 Retail Group

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Sberbank International creates new opportunities for X5 Retail Group through trade relations with Serbia

Sberbank International, with the support of Sberbank Serbia, has undertaken an online business mission involving Serbian entrepreneurs for X5 Retail Group. Representatives of the eight selected Serbian FMCG companies presented their products to X5 Retail Group contractors and described their experience working with Russia and other foreign markets.

Among the goods, eco-friendly products were presented separately, as well as palm oil free products.

Sberbank Serbia put forward product solutions to support foreign trade with Serbian companies, including international factoring.

Concerning the growth of the Sber ecosystem companies on international markets, SberLogistics outlined in-demand B2B services for the import and export of large cargo from locations including Europe and related logistics services.

Timur Kozintsev, Senior Vice President, Head of Sberbank International:

“In 2020, trade between Russia and Serbia surpassed EUR2 bn. In a highly competitive context, Sberbank is creating new opportunities for business growth for its clients and partners both in Russia and abroad. Russia is a promising region for the promotion of Serbian goods, and, in turn, Serbian products will replace goods from other countries that are subject to sanctions. Sberbank International and Sber subsidiary banks provide comprehensive services to FEA clients, allowing them to do business expeditiously and without losses.”

About X5 Retail Group
X5 Retail Group is a leading Russian food retailer. The company operates several retail formats: proximity stores under the Pyaterochka brand, supermarkets under the Perekrestok brand and hypermarkets under the Karusel brand, as well as the Perekrestok.ru online market, the 5Post parcel and Dostavka.Pyaterochka and Perekrestok.Bystro food delivery services.

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