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

Electronic retailer Saturn leaves Russia
27.09.2012 17:04
Electronic retailer Saturn leaves Russia

The German company Media-Saturn-Holding GmbH has given up developing brand Saturn in Russia. A shop Saturn in the shopping center Vegas in Moscow is changing its name to Media Markt, reports The Vedomosti. The other shops will be rebranded up to the end of the year.

      
The electronic retailer Saturn was first opened in Russia in 2010. Currently there are four such shops in Russia, one in Moscow, two in Chelyabinsk and one in Voronezh. The retailer Media Markt appeared in the Russian market in 2006 and has enlarged up to 35 hypermarkets.

      
The joining shops under one brand will let Media-Saturn-Holding GmbH optimize expenses and to increase its share in the market. Now the German retailer is taking the third place after M.Video and Eldorado.  

      
Media-Saturn-Holding GmbH is a German corporate group comprising consumer electronic retailers Media Markt and Saturn.

      
Photo: ©AFP

Sources: http://www.lenta.ru 

Author: Irina Fomina

Tags: Russian business Retail German companies in Russia   

Next Previous


You might also find interesting:

Russian Textile Week 2017
27.01.2017
An Area In Sosnovy Bor May Be Given to Cryptorouble Developers
28.09.2017
Brussels Airlines Intends to Lease Sukhoi Superjet 100
16.01.2017
Russian Car Market Is the Fifth In Europe
16.12.2016
Sberbank Simplified the Procedure Of Issuing Cards
07.08.2017



comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
Moscow  Mukhtarbay Otelbaev   Moscow Kremlin   Russian tourism  obituary  International Cinema  odd news  Russian Photographers  Moscow Restoration  Peter and Fevronia  Stalker Film Festivals  Russian Literature  Mikhail Gluzsky  Huskies in the City  Russian cities  Russian television  CTC Media  fashion weeks  Exhibitions in Moscow  Manege  Mercedes-Benz Fashion Week Russia  Archeology  Aeroexpress  education  Darwin Museum  Isheyevka  Russian business  Nordic Yards  Russian gas  Russian musicians  Russian aviation  Fireworks  Alisher Usmanov  Perm  advertisement in Russia  Textiles  Painting  Google   Altai  Russian history  Charity  Interactive Museums  Moscow Metro  Valery Karpin  Arno Rafael Minkkinen  Russian theatre  Euroset   Russian Cinema  Tsaritsyno  Russian Railroad 


Travel Blogs
Top Traveling Sites