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"Euroset" STOPS PURCHASING IN

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  • "Euroset" STOPS PURCHASING IN

    "EUROSET" STOPS PURCHASING IN ARMENIA

    Panorama.am
    12:14 26/05/2009

    Famous Russian company purchasing cell phones "Evroset" leaves the CIS
    countries. Leaving some Baltic countries, Uzbekistan and Azerbaijan,
    the directors' board made a decision to close their branches in
    Armenia and Moldova also.

    Alexander Malis, the director of the company told "Kommersant"
    that they were going to close 12 shops in Armenia and 32 in
    Moldova. According to the director the company will close its shops
    in Kyrgyzstan and Belarus also.

    "That was a strategic mistake to purchase in those markets, as the
    former shareholders thought that expending the net the cell phones
    would be more expensive," Malis told.
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