Ceconomy Group

 

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.