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:

Sberbank Private Banking Took First Place In the Forbes Rating
15.09.2017
Demand For Foreign Currency In Russia Increased
29.09.2017
Utilization Rate Of the Nord Stream Exceeded 90 Percent of its Designed Capacity
23.08.2017
Black Friday In Russia: the Most Popular Purchases
12.12.2017
The Production Of Vodka In Russia Increased By 19.4%
28.07.2017







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Flowers Delivery

search on the map
TAGS:
Lubok  Painting  Tourist Centre  Tayshet  inventions  VTB Group  BMW  Russian tourism  Moscow Metro  Russian transportation  Olympics  Nikita Mikhalkov  Leopards  Moscow planetarium  Exhibitions in Moscow  Open-Air Museums  bear attacks  migrants  Sochi train tickets  Russian business  Russia-Britain  Russian scientists  Russian Cinema  Russian opera  inflation  Archeology  protest actions  funny video  Kaliningrad  Russia  Book Tickets for Ballet  Moscow Museums  Exhibitions in Saint Petersburg  Barrows  Ksenia Sobchak  Russian Literature  City Hunter  Kizhi  Moscow  Rock Music  Mercedes-Benz Fashion Week Russia  Maria Yakunchikova  Show Business  Mikhail Chemiakin  Chechen Republic (Chechnya)  Fashion Futurum  Russian transport  Russian history  The Far East  criminality 


Travel Blogs
Top Traveling Sites