DIXY Group (Public: RTS, MICEX:DIXY) is one of Russia's leading retailers of foods and everyday products. The first DIXY store opened in 1999 in Moscow, and after a period of intense organic development and purchase of Victoria Group in June 2011, as of June 27, 2011, the Group now operates 953 stores, including 677 DIXY neighborhood stores, 232 stores under the "Kvartal," "Deshevo" and "Semeynaya Kopilka" brands, 20 Victoria supermarkets, 15 MEGAMART (compact hypermarket) stores, eight MINIMART (supermarket) stores and one CASH (cash&carry) store. The Company operates in three Federal Districts of Russia: Central, Northwest, Urals, and in Kaliningrad region. As of June 20, 2011, the Company had a total of 356,885 square meters of selling space. The Company is the third largest among Russian national retail operators in the food retail market by revenue, selling area and number of stores and employs more than 32,000 people. In May 2007 the Company raised $360 million USD in its IPO on the RTS and MICEX. A controlling stake in DIXY Group, OJSC (54.4%) is owned by the Mercury Group of Companies, a diversified holding company. In 2010, DIXY's total revenue reached RUR 64.7 billion; Victoria's total revenue reached RUR 32 billion. The Russian business magazine Expert rates DIXY Group as one of the Top-100 largest Russian companies.