OREANDA-NEWS. March 5, 2009. OJSC “Company “M.video” (RTS, MICEX: MVID) announces the opening of the chain’s first hypermarket in Makhachkala (Republic of Dagestan).

The new store accounts to approximately 2600 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.

M.video group plans to open more than 20 new hypermarkets in 2009.