date:Mar 20, 2014
Russian food retailer X5 is selling its stores in Ukraine to local rival Varus, the Ukrainian retailer said, the first Russian company to pull out of its neighbor amid a bitter political crisis.
Ukraine is a favorite destination for Russian business, but Moscow's annexation of the southern Crimea region has split the neighbors, with some Ukrainian politicians calling for a boycott of Russian goods.
X5, Russia's second-biggest retailer and part of billionaire Mikhail Fridman's Alfa Group, is se