Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Technosila to sell nearly half of its operating shops
12.09.2012 13:31
Technosila to sell nearly half of its operating shops

 Technosila, one of the largest Russian home appliances net, is to sell its 40 out of 100 operating shops to its competitor Eldorado.


      

Technosila intends to get rid of its inefficient shops. Each shop is estimated 1.26 million USD, so the whole deal will summarize into 50 million USD.


      

The plans of Technosila to sell the company were known in January this year. The company was reported to be estimated into 200 million USD. The owner offered the home appliances net to its competitors M.Video, Eldorado and Media-Markt-Saturn.


      

Technosila was established in 1993 by brothers Vyacheslav and Viktor Zaytsev. In 2009 the net owned 122 shops, taking the third place in Russia on revenue volume among home appliances shops. 


Author: Irina Fomina

Tags: Russian business     

Next Previous


You might also find interesting:

Roskomnadzor has Blocked the Service for the Delivery of Goods from Foreign Online Shops
05.08.2019
Russian Companies Give Pessimistic Forecasts for International Trade
12.11.2018
Investors have Allocated $ 65 Million to Russian Funds over the Past Week
11.11.2018
Large Foreign Companies Showed the Worst Results in Entering and Leaving the Russian Market in 2018
08.02.2019
Russian IT Market is Growing
14.06.2019







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
ExxonMobil  auto motor show  Soviet Symbols  Moscow  FIFA World Cup   Russian business  Perm  Marat Guelman  ROSCOSMOS  Russian opera singers  map of monuments  Wooden Architecture  Pavlovsk  Music festival  Syria  education  Vandalism  Sculpture  Mercedes-Benz Fashion Week Russia  Tver  travel to Russia  Visa   protest actions  Orest Kiprensky  Festivals in Moscow  ArtDocFest  AvtoVAZ   Valery Gergiev  Russian tourism  Raiffeisenbank  St. Petersburg  Russian parliament  Exhibitions in Moscow  Gus-Khrustalny  Russian regions  Russian cuisine  Nevsky Prospect  Russian figure skating team  New Films  Uralkaly  Music and Light Festival  Russian catering industry  Spartak Moscow  Vologda  Ingushetia  employment in Russia  Russian Cinema  Isaak Schwartz  Russian football team  Andrei Platonov 


Travel Blogs
Top Traveling Sites