Moscow, Nov 14 - X5 Retail Group, Russia's largest food retailer by revenue, is set to receive a 7 billion rouble ($254.8 million) loan from state-controlled bank VTB, a newspaper reported on Friday.
Business daily Vedomosti quoted an unnamed source close to X5's shareholders as saying the 18-month loan was granted by VTB as part of the government's rescue plan for key economic sectors hit by the global financial crisis.