About the Company

M.Video Group (PJSC “M.video”) consolidates consumer electronic retail brands M.Video and Eldorado, and Goods marketplace. The Group’s combined annual sales are over 360 billion rubles. The Group operates more than 800 stores in 200 largest cities of Russian Federation. M.Video Group is the first and only public consumer electronic retailer in Russia. The Company’s shares are traded on the Moscow Stock Exchange (ticker: MVID).

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August 31, 2018, Moscow, Russia. M.Video-Eldorado Group (PJSC M.video or the Group, MOEX: MVID), Russia's largest consumer electronics retailer by revenue, part of Mikail Gutseriev’s SAFMAR Group, is announcing the closing of the transaction under which MediaMarktSaturn has acquired 15% of the shares in PJSC M.video from SAFMAR Group, the largest shareholder of PJSC M.video, and M.Video-Eldorado Group has acquired 100% participatory interest in Media-Saturn-Russland OOO, the MediaMarkt business in Russia.

August 31, 16:00

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