đź’¨ Abstract

Russian consumer electronics retailer M.Video-Eldorado plans to invest $350 million in store openings, expansion, and online sales by 2025. The company is in talks with sanctioned lender Promsvyazbank for potential ownership, which could help M.Video address debt issues. The new shareholders have already provided 11.5 billion roubles to the company. M.Video

Courtesy: theprint.in

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