M.video is one of the leading Russian consumer electronic retail chains and the first and only publicly traded company in its market sector. The company started its operations in 1993. M.video runs 169 brand name stores in 70 Russian cities as well as 2 on-line internet stores (as of September 30, 2009). The total space of M.video stores accounts to 448 000 sq. m.

For the 9 months 2009 the company’s retail sales reached 57.6 billion Russian roubles (with VAT) demonstrating 5% growth versus the 9m 2008. As of today M.video is the largest consumer electronic retailer in the Russian Federation in revenue terms.

M.video offers its customers approximately 20,000 SKUs of audio/video, digital, small and large home appliances, media and entertainment products as well as accessories. M.video operates its stores under a uniform format and a specially designed store concept to provide customers with approximately 2,000 square meters of easy-to-navigate shopping space that also offers information about the products and upcoming trends.

In addition to providing an efficient retail store format and customer-friendly store concept aligned with the brand perception, M.video believes that it has distinguished itself by offering its customers a wide assortment of quality and innovative products and outstanding customer service whether through the product knowledge of the sales people, additional service agreement or 24-hour customer care centre.

In November 2007 OJSC “Company “M.video” became the first publicly traded company in the domestic consumer electronic retail sector. The Company’s shares are traded on both Russian RTS and MICEX (ticker: MVID).