`Euroset’ to open 30 shops by the end of the year in Armenia

Mediamax, Armenia
Jan 18 2007

`Euroset’ to open 30 shops by the end of the year in Armenia

Yerevan, January 18 /Mediamax/. `Euroset’ Company – one of the
largest retailers in Russia and the CIS states, today announced the
opening two shops in Yerevan.

As Mediamax was told in the press service of the `Euroset’, by the
end of the year there will be 30 shops of the net opened in Armenia.

`We are happy to announce the opening of the `Euroset’ shops in
Armenia – the eleventh country, where our company functions. Now a
good choice of mobile phones, digital equipment with traditionally
low prices for the company will be available for our customers in
Armenia. As in all the other countries, we will offer the customers
in Armenia high standards of quality service’, the President of
`Euroset’ Eldar Razroev stated.

`The `Euronet’ has more that 5100 shops, located in Russia, Ukraine,
Belarus, Moldova, Estonia, Latvia, Lithuania, Kazakhstan, Uzbekistan,
Kirgizia.

The `Euronet’ turnover in 2006 made $4,62bln.