Russian and Dutch investment team plan Florida launch
The scheme would be backed by a Dutch investment to the tune of $500 million, from the same firm that backed Russia's X5 retail group.
Andrei Rogachyov, who founded those chains and remains an investor in X5, is separately heading AgroTrade International, according to a report in the Moscow Times newspaper.
It is not clear what branding Agro Trade would seek to use ion its new stores, though it is expected they will begin trading this year from around 60 outlets.
Source:supermarketnews.com
