M.Video to launch one store a year in Sverdlovsk Region

‘Our company has big plans for developing in the Urals: this is actually a strategic territory for M.Video. This year, our new stores will appear in Yekaterinburg, Ufa, and Berezniki. In 2011, we’ll set up more stores in Chelyabinsk, Magnitogorsk, Yekaterinburg, and Ufa,’ M.Video’s press officer Nadezhda Kiseleva informed UrBC.

In the meantime, the home appliances and electronic goods stores keep selling less and cutting down on the number of outlets throughout Russia. Technosila hypermarket chain, for example, halted its store in Kurgan until mid-summer.

It appears that M.Video is planning to open a store in one of Yekaterinburg’s newest shopping malls, KomsoMall. Now the building has not yet been commissioned. The project developer DVI Holding has set several opening dates already, with the original opening deadline set for February 2009.


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