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{{Verification|date=September 2023}}{{Infobox company
{{Verification|date=September 2023}}{{Infobox company
| name = PJSC "M.video"
| name = PJSC "M.video"
| logo = [[File:MVideo 2023.jpg|frameless]]
| logo = M.Video2023.jpg
| type = [[Public company|Public]] ([[Public Joint-Stock Company|PAO]])
| type = [[Public company|Public]] ([[Public Joint-Stock Company|PAO]])
| traded_as = {{MICEX-RTS|MVID}}
| traded_as = {{MICEX-RTS|MVID}}
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| founders = Alexander Tynkovan
| founders = Alexander Tynkovan
Mikhail Tynkovan
Mikhail Tynkovan
Pavel Breev
Pavel Breev
| industry = [[Retail]]
| industry = [[Retail]]
| revenue = {{wikidata revenue|revenue|RUB}} {{wikidata revenue|revenue|ref}}
| revenue = {{wikidata revenue|revenue|RUB}} {{wikidata revenue|revenue|ref}}

Revision as of 02:35, 7 December 2023

PJSC "M.video"
Native name
ПАО "М.видео"
Company typePublic (PAO)
MCXMVID
IndustryRetail
Founded1993
FoundersAlexander Tynkovan

Mikhail Tynkovan

Pavel Breev
HeadquartersMoscow, Russia
ProductsConsumer electronics
Revenue402 billion[1] (2022) [1]
13,742,000,000 Russian ruble (2021) Edit this on Wikidata
2,380,000,000 Russian ruble (2021) Edit this on Wikidata
Total assets443,372,000,000 Russian ruble (2021) Edit this on Wikidata
Websitewww.mvideoeldorado.ru

PJSC M.video (М.видео, M.Video-Eldorado Group) is a leading Russian e-commerce and consumer electronic retailer that unites the M.Video and Eldorado brands.

Overview

M.Video store in Ulan-Ude, Buryatia

M.Video-Eldorado Group operates a network of more than 1,200 stores in 370 Russian cities from the Kaliningrad Region to Kamchatka and develops its own marketplace of consumer electronics, which provides a wide assortment and quick availability of goods throughout the country. The Group includes the IT company "M.Tech", focused on the development of retail and e-commerce solutions, and the largest fintech platform in Russia in terms of loans issued "Direct Credit". It is the only Russian company in the retail electronics with shares traded on the stock market. Currently, the Company’s shares are traded on the largest Russian stock exchange – Moscow Exchange.[2] (ticker: MVID)

History

The company started its operations in 1993 in Moscow. In November 2007, M.video became a public company via an initial public offering. In 2018 M.Video completed a deal to acquire 100% of Eldorado LLC for RUB 45.5 billion (excluding the value of net liabilities). And in the same year M.Video-Eldorado Group continued to consolidate the market, completing a deal to acquire the Russian business of MediaMarktSaturn. MediaMarktSaturn acquires a 15% stake in PJSC M.Video from the SAFMAR Group.

References

  1. ^ a b "2022 M.VIDEO-ELDORADO GROUP OPERATIONAL AND FINANCIAL HIGHLIGHTS" (PDF). M.video. 2 March 2023.
  2. ^ "Public Joint-Stock Company "M.video", ordinary share (MVID)". moex.com.