OREANDA-NEWS. May 15, 2008. OJSC “Company “M.video” (RTS, MICEX: MVID) announces the opening of the chain’s first hypermarket in Sochi, the host city of winter Olympic games 2014, located in the south of Russian Federation, in Krasnodarskiy kray (region).

The new store accounts to almost 2100 sq.m. of total space, has more than 20 000 SKUs of consumer electronics and digital products and as much as 7000 media products.

M.video group opened its first Krasnodarskiy kray in 2004 and now the company runs 4 hypermarkets in the region – 2 in Krasnodar, 1 in Novorossiysk, 1 in Sochi with a total space of 11 000 sq.m.

M.video reconfirms its plans to open up to 40 new stores in 2008.