The former management of the bankrupt company Svyaznoy is creating a new retailer Svyaz.ON through Promsvyazbank. Within a year, hundreds of points of sale for electronics, communication services, banks and insurance companies are planned to open in the regions of the Russian Federation, Kommersant reported.

Former top managers of Svyaznoy will create a new retailer Svyaz.ON through PSB

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Dagmara Ivanova was appointed general director of the new company. Previously, she was CEO of Svyaznoy. Mikhail Dogadin, vice president of procurement and business development of the Svyaznoy network, became commercial director of the new retail business.

Dagmara Ivanova stated that Svyaz.ON has no relationship with Svyaznoy Network LLC. She did not reveal the timing of the project or the volume of investments.

The publication’s interlocutor among electronics suppliers suggested that the chain’s points of sale will be “small islands” or will occupy the space left after the active departure of foreign brands from the Russian market over the past two years.

Author:

Karina Pardaeva

Source: RB

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