date:Mar 20, 2014
a minor contributor to the company's results.
Russian President Vladimir Putin signed a treaty on Tuesday on making Crimea a part of Russia, defying the United States and the European Union which have imposed sanctions on a handful of Russian officials.
According to X5, its Ukrainian business unit's contribution to the group's financial results is negligible. The company said in a 2013 financial report that it had 12 stores in Ukraine out of total of 4,544 mostly across Russia.
Varus is buyin