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Belarus proposes import duty rise on consumer electronics

Belarus has put forward a proposal to the Eurasian Economic Commission, meeting in early December, to increase import duties on consumer home electronics in the Customs Union of ...

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35 M.Video openings for 2013

M.Video, a Russian consumer electronics and household appliance retailer, has announced plans to open 35 new shops, renovate 16 existing ones, and launch at least 20 online stores ...

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Euroset launches its "communication palace" in Novosibirsk

The mobile phone retailer Euroset has opened the "communication palace" store on Krasny Avenue in Novosibirsk. It occupies 480 m² and has been designed by the British ...

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TTK reached 250,000 subscribers in Western Siberia in January 2013

The overall number of subscribers to TTK, the Russian telecom operator in Western Siberia, exceeded 250,000 in January 2013, CNews reported. TTK-Western Siberia, the regional ...

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Vimpelcom develops own retail chain

Mobile telephony operator Vimpelcom has opened 18 of its own retail outlets in the North-West of Russia since December 2012. This is new territory for the company as it has previously ...

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Apple's increased presence in Russia may affect distributors

Apple is to launch an online store in Russia in summer-autumn 2013. The aim of this initiative is to reduce 'grey-market' sales, as well as to improve the speed of the introduction ...

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Russian mobile phone market slows down

The speed of growth in the Russian mobile phone handset market has eased off significantly, according to a Vedomosti report on the market's major players. Research conducted ...

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42 million mobile phones sold in Russia in 2012

Russians bought 42 million mobile phones (both feature handsets and smartphones) in 2012, which represents a 5.8% year-on-year increase, according to research done by Euroset, ...

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Eolis stores to close

Mobile phone retailer Eolis may be on the verge of closure, according to retail.ru. The company has announced a programme of optimisation which involves the liquidation of all unprofitable ...

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230.5 million mobile subscribers in Russia at the end of 2012

The total number of mobile telephony subscribers in Russia increased to 230.5 million at the end of 2012. This was 670,000 more than at the end of Q3 2012, AC&M Consulting reported. Therefore, ...

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Russian mobile VAS market worth RUB 57.8m in Q3 2012

Sales of the value added services (VAS) provided in the networks of Russian mobile telephony operators hit RUB 57.8m (€1.4m) in Q3 2102, which is 7% more than in the corresponding ...

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M.Video annual sales 20% higher

The consumer electronics retailer M.Video increased its gross sales by 20% to RUB 158bn (€3.9bn) in 2012. In turn, sales in its LFL stores grew by 9.3%, including a 60% increase ...

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21% reduction in MTS annual net profit

There was a 21% y-o-y reduction in the annual net profit of MTS, one of the largest Russian mobile phone operators, to RUB 42.95bn (€1.1bn), in 2012. However, its revenues grew ...

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First effects of new strategy for R-Style

In May 2013 R-Style announced that it had completed an audit of the physical security of the IT infrastructure in MAN Russia. The purpose of this project was to pave the way for an upgrade ...

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Russian ICT market growing more than 20% in 2012

The Russian ICT market has reached RUB 453bn. According to Expert RA, a local rating agency, growth rate has slowed down for the first time since the crisis in 2009. It has been estimated ...

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Rostelecom may reduce its debts by selling shares

Because Rostelecom’s debt has reached RUB 211bn, the operator is now considering the sale of its own shares. The shares do not belong to Rostelecom directly, as they are owned ...

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MTS brand in the TOP100 global ranking

MTS has been cited as one of the 10 key telecommunications market players in the BrandZ Top 100 report, published by Millward Brown, a research institute, and The Financial Times. ...

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Softline expects sales worth $1.1bn in 2013

Softline has announced that its revenue increased year on year by 34% to $805m in 2012. 80% of total payments for Softline’s products and services are made in roubles, and the ...

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Results announced for e-auctions for radio equipment, data communications...

The Russian Ministry of Internal Affairs has chosen suppliers of radio equipment, data communications equipment and peripherals. In particular, a tender was launched for contracts ...

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New MNP regulations

The Russian Government has approved the new rules pertaining to the provision of mobile services. The appropriate decree was signed by Dmitry Medvedev, the Russian prime minister, ...

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