press release - dixygroup.com/media/files/d/dixy/press-release/2017eng... · press release dixy and...
TRANSCRIPT
PRESS RELEASE
DIXY AND SBERBANK FACTORING IMPROVE SERVICE QUALITY
FOR SUPPLIERS
Moscow, Russian Federation, September 4, 2017
Sberbank Factoring and DIXY retail chain signed a supplementary agreement on electronic
workflow with legally significant delivery confirmation.
The chain’s wide geography and the large number of suppliers requires an accelerated process of
notification documents signing and delivery verification. The agreement signed with Sberbank
Factoring will allow the retailer to set up a unified system and algorithm for supplier interactions.
Online interaction with the Factor will allow to ensure meaningful development and improve the
efficiency of the retail chain’s business processes.
Transfer to electronic workflow is an important stage in the development of the relations between
DIXY and Sberbank Factoring.
“By switching to the use of online platforms in our interactions with various retail chains we
considerably reduce the timeframes of document delivery and processing, deal formalization, and issue
of funds. By signing such agreement DIXY helps to create the conditions for the most comfortable and
fast use of factoring financing for its supplier,” says Sberbank Factoring Head of Major Business
Relations Galina Ignatieva.
Background:
DIXY Group (MICEX: DIXY) is one of Russia’s leading companies in food and fast moving consumer goods retail.
As of June 30, 2017 the Company operated 2,717 stores, including 2,550 DIXY neighborhood stores, 127 Victoria
stores and 40 compact hypermarkets MegaMart and MiniMart, located in 754 Russian towns and settlements.
The Group’s footprint covers four Federal Districts of Russia: Central, North-West and Urals, as well as Kaliningrad and
the Kaliningrad Region.
In 2016, DIXY Group’s total revenue amounted to RUR 311 billion.
PJSC DIXY Group’s shares are traded in the Moscow Exchange since 2007.
Sberbank Factoring LLC is a 100% subsidiary of Sberbank PLC.
The company started its operations in December 2014 and engages in factoring transactions for Clients in all
economic sectors in the small, medium, and large business segments.
Sberbank Factoring LLC provides state-of-the-art supply financing technologies that facilitate the
development of Russian business due to capital turnover acceleration. The company has regional
representative offices in Saint Petersburg, Rostov-on-Don, Voronezh, Ekaterinburg, Kazan, and Nizhny
Novgorod.
Sberbank Factoring LLC is a full member of the Association of Russian Factors (ARF) which unites key
players of the Russian factoring market.
Contacts:
Vladimir Rusanov
Press Service
+7 495 223 3337 (ext. 2132)
+7 903 629 56 03
http://www.dixygroup.com