The group "Safmar" of the Gutseriev family is ready to purchase "Media Markt" stores in Russia.
The businessman bought the network for 33 billion rubles, and now sells it for his own "M. Video" for 45 billion rubles.
The networks of household appliances and electronics "M.Video" and "Eldorado", which are part of the "Safmar" group of Mikhail Gutseriev, are united.
The main owner of Safmar Group, Mikhail Gutseriev, told Forbes about the principle to let his relatives into the business.
Forbes has been ranking the most successful entrepreneurial dynasties for four years consequently. The cumulative wealth of the ten richest families of Russia over the past year has increased by $2 billion, up to $27 billion. In three of them, newcomers appeared who received shares in business.
The business empire of Mikhail Gutseriev and his nephew, Mikhail Shishkhanov, is bursting at the seams. The main problem, the debt burden, cannot be solved.
Mikhail Gutseriev talks about seven years of business revival, praises the Central Bank and Elvira Nabiullina and cites his own poems.
It was decided to close the retailer's Internet store.
Probably the new owners of the trading network urgently needed to return a bank loan.
Association of e-commerce companies (ACIT) hopes to tighten regulation of business.
Billionaire Mikhail Gutseriev virtually monopolizes the market in sales of consumer electronics and appliances in Russia.
Only by the end of February, there has been a recovery.
Safmar Group acquired 100% of Eldorado, one of the largest electronics and appliances retail chains. According to the information from the RBC sources, the asset will be combined with Tekhnosila chain, which is owned by the Gusteriev-Shishkhanov's group of companies.