Samsung closed 20% of stores in Russia

The South Korean group Samsung has temporarily stopped work for about 20 percent of outlets in Russia. Most of them - 35 shopping centers - operated by retailer "White wind", which is in the process of bankruptcy.

Domestic retail network South Korean company Samsung since the beginning of this year decreased from 265 to 230 stores. As informs the newspaper "Kommersant" referring to the representative of the company that the 35 shopping centers had to stop, because they were ruled by the "White wind digital",which not so long ago asked to recognize themselves bankrupt.

According to the newspaper, shopping centres Samsung closed and other partners, but in General Russian retail network of Korean firms decreased by 20% - that is, stopped more than 50 stores.

Namely, the Director General Inventive Retail Group Tikhon Smykov said that podatelna him company closed until 10 shopping centres Samsung. He explained the closing of saloons important change textures market of tablets and phones: the proportion of leaders Samsung and Apple decreases, while the average price of appliances decreases.

In addition, the company has trouble selling the latest models. An unnamed employee of a large retail chain announced that implementation of the Samsung Galaxy S5 twice lower than the previous model. Adept "M.Video" Anton Panteleev added that the regression of demand for the products of Samsung lasts about six months.

"White wind digital", in consequence of which I had to stop 35 salons, filed a statement of ruin on August 18. Debt retailer is more than 7 billion rubles, however, the price of the assets of 2.1 billion rubles.. to Recover debts through the Tribunal want more than fifty firms.

Samsung is a South Korean manufacturer of digital technology. In Russia the Corporation is a division of Samsung Electronics. In 2008, in the Kaluga region, a plant was built at the firm. Total investment amounted to $ 200 million.

sections: World News, Economics