OREANDA-NEWS. November 6, 2008. OJSC “Company “M.video” (RTS, MICEX: MVID) announces the opening of the chain’s first hypermarket in Orekhovo-Zuyevo (Moscow region).

The new store accounts to 2400 sq.m. of total space, has more than 20 000 SKUs of consumer electronics and digital products and as much as 7000 media products. The pre-opening costs amounted to 55 million roubles.

Up to date M.video group operates 35 hypermarkets in Moscow and Moscow region with a total space of 95 300 sq.m.

The company confirms its plans to open up to 40 new stores in 2008.