Media Markt

 

Mikhail Gutseriev captured a third of the market for all household appliances in Russia

Business06.07.2018

After buying Media Markt, the group "Safmar" Mikhail Gutseriev controls almost 30% of the domestic market of consumer electronics and household appliances. Now the group has to live up to its expectations for capitalization growth, focusing on improving efficiency, increasing profitability and developing the online sales channel.

Mikhail Gutseriev buys Media Markt business in Russia

Business20.06.2018

The co-owner of the ruined "Binbank" continues to seize retailers of household appliances and electronics in Russia. The goal is to create a mega-collective farm in the retail market, which will then be sold to Russian state-owned banks. For Russian consumers, this means the end of the era of competitive prices.

Mikhail Gutseriev has swung a monopoly in the market of consumer electronics in Russia

Business16.04.2018

The group "Safmar" of the Gutseriev family is ready to purchase "Media Markt" stores in Russia.

Ruble creates demand: crisis spurred sales in Russian shops

Society16.12.2014

The consumer boom is unfolding in Russia. By extensive shopping the population is trying to save the savings from devaluation and prepare for future growth in prices for imported goods.