September 17, 2010
1 min read

GK SOFTWARE AG and the biggest Russian retailer X5 agreed upon cooperation for redesign of store IT

Schöneck, November 4, 2009 - The GK SOFTWARE AG and X5 Retail Group agreed upon cooperation to redesign the store solution of Russia’s leading retailer.

Through the terms of this agreement, the GK SOFTWARE AG will implement the GK/Retail Store Solution in a pilot store in Moscow already by the end of the forth quarter of 2009. Accomplishing this project within only eight weeks, including all country-specific variables and implementation of the fiscal system highlights once again the extraordinary performance of the GK/Retail standard solution, even in an international context.

The X5 Retail Group is the biggest Russian retailer operating more than 1,000 own stores and over 600 franchise outlets in five different formats in Russia. In the opinion of the GK SOFTWARE AG Management Board, this agreement with X5 once again emphasizes, in a sustainable manner, the high performance of the GK/Retail solution. Rainer Gläß, CEO of GK SOFTWARE AG: "Successfully entering the Russian market is an important milestone in the development of our internationalization strategy."

Press contact Dr. René Schiller Global Head of Marketing | VP
Press contact Americas Ketner Group Communications