M.Video-Eldorado Group presented its strategic priorities for the next three years. Company will focus on opening new compact format stores and closing unprofitable outlets. It also plans to increase the share of online sales by developing partnerships with marketplaces and transforming some stores into showrooms. Company also intends to develop the producti...

SFI's direct ownership of 10.37% of M.Video was transferred to a subsidiary LLC SFI Capital, which the holding company created to hold shares in public companies. Thus, SFI retains the ability to dispose of the stake; however, revaluation of these securities in accordance with an increase or decrease in their stock exchange value will now take place on the b...

M.Video-Eldorado Group, together with the financial marketplace Banki.ru, launched a service for online registration of insurance policies in M.Video and Eldorado mobile applications. Clients of the network were able to issue MTPL, CASCO and mortgage insurance policies, as well as more than 80 types of other insurance policies. Among them are various insuran...

MVM LLC received a loan of ₽8.5 billion from the retailer's major shareholder, Uzhakhov Bilan. Loan for a period of 5 years was provided for general corporate purposes, including debt refinancing and/or working capital replenishment. Interest rate is 10% of the key rate of the Bank of Russia, but not less than 2% per annum. Loan was issued as part of the ₽30...