Euroset
Euroset (Russian: Евросеть) was Russia's largest mobile phone retailer, with over 5,000 stores across Russia and Belarus. In 2006, the company controlled 37% of the Russian mobile retail market and in 2010 it employed some 27,000 people. Its main rival was Svyaznoy. The company was founded in April 1997 by Timur Artemev and Yevgeny Chichvarkin. After falling foul of the Russian siloviki, Chichvarkin was forced to sell the 100% stake to Alexander Mamut. As of 2012, the mobile network operators OJSC VimpelCom and MegaFon co-own Euroset (each holding a 50% stake). Euroset's major subsidiaries include Ultra and Alt Telecom. Entertainer Ivan Okhlobystin was the company's creative director from December 2010 to January 2014. He was sacked in the wake of his controversial appeal to "burn homosexuals alive". In September 2018 Euroset was purchased by Svyaznoy.
 | |
Native name | Евросеть |
|---|---|
| Founded | 1997 |
| Defunct | 2018 |
| Revenue | 63,316,700,000 Russian ruble (2017)  |
| 1,900,000,000 Russian ruble (2016) | |
Euroset (Russian: Евросеть) was Russia's largest[1] mobile phone retailer, with over 5,000 stores across Russia and Belarus.[2] In 2006, the company controlled 37% of the Russian mobile retail market and in 2010 it employed some 27,000 people. Its main rival was Svyaznoy.
The company was founded in April 1997 by Timur Artemev and Yevgeny Chichvarkin. After falling foul of the Russian siloviki, Chichvarkin was forced to sell the 100% stake to Alexander Mamut. As of 2012, the mobile network operators OJSC VimpelCom and MegaFon co-own Euroset (each holding a 50% stake).[3] Euroset's major subsidiaries include Ultra and Alt Telecom.
Entertainer Ivan Okhlobystin was the company's creative director from December 2010 to January 2014. He was sacked in the wake of his controversial appeal to "burn homosexuals alive".[4]
In September 2018 Euroset was purchased by Svyaznoy.[5]
References
[edit]- ^ Weaver, Courtney (2012-11-15). "Megafon faces battle to drum up confidence". FT.com. Retrieved 2012-11-20.
- ^ "О компании". Euroset.ru. Archived from the original on 2012-06-26. Retrieved 2012-11-20.
- ^ Khrennikov, Ilya. "MegaFon Said to Resume Roadshow for $2 Billion IPO This Week". Bloomberg. Retrieved 2012-11-20.
- ^ "Охлобыстин после ухода из "Евросети" устроился в сеть магазинов Baon". 14 January 2014.
- ^ ""Жизнь научила нас не делать ставки"". 18 June 2018.
External links
[edit]- Official website Archived 2014-02-13 at the Wayback Machine
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