Euroset to launch chain of electronics stores

Euroset, Russia's largest mobile phone retailer is preparing to launch its own chain of consumer electronics stores. Euroset's first electronics store in Moscow should be open by the end of June 2010. Even though the electronics retail market is heavily underdeveloped in Russia, Euroset could face competition from market leaders like M.Video, Eldorado and Metro Group’s Media Markt in big cities like Moscow.