Euroset (russian: Евросеть) was

Russia Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the ...

's largest

mobile phone A mobile phone, cellular phone, cell phone, cellphone, handphone, hand phone or pocket phone, sometimes shortened to simply mobile, cell, or just phone, is a portable telephone that can make and receive calls over a radio frequency link whil ...

retailer Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and t ...

, with over 5,000 stores across Russia and

Belarus Belarus,, , ; alternatively and formerly known as Byelorussia (from Russian ). officially the Republic of Belarus,; rus, Республика Беларусь, Respublika Belarus. is a landlocked country in Eastern Europe. It is bordered by R ...

. In 2006, the company controlled 37% of the Russian mobile retail market and in 2010 it employed some 27,000 people. Its main rival was Svyaznoy. The company was founded in April 1997 by

Timur Artemev Timur Vladimirovich Artemev (russian: link=no, Тиму́р Влади́мирович Арте́мьев; born July 7, 1974) is an international investor and entrepreneur, philanthropist, and public figure, co-founder of the biggest Russian mobil ...

and

Yevgeny Chichvarkin Evgeny Aleksandrovich Chichvarkin (russian: link=no, Евге́ний Алекса́ндрович Чичва́ркин; born on the 10th of September 1974 in Leningrad, RSFSR, Soviet Union) is a Russian entrepreneur who founded the largest R ...

. After falling foul of the Russian

silovik In the Russian political lexicon, a ''silovik'' ( rus, силови́к, p=sʲɪlɐˈvʲik; plural: ''siloviki'', rus, силовики́, p=sʲɪləvʲɪˈkʲi) is a person who works in the Russian Armed Forces, the Russian national police, ...

i, Chichvarkin was forced to sell the 100% stake to

Alexander Mamut Alexander Leonidovich Mamut also spelled Aleksandr, (russian: Алекса́ндр Леони́дович Маму́т; born 29 January 1960, Moscow) is a Russian billionaire lawyer, banker and investor. Used to be (until 2020) a co-owner of Ram ...

. As of 2012, the mobile network operators OJSC VimpelCom and

MegaFon MegaFon (russian: МегаФон), previously known as North-West GSM, is the second largest mobile phone operator

co-own ''Euroset'' (each holding the 50% stake). Euroset's major subsidiaries include ''Ultra'' and ''Alt Telecom''. Entertainer

Ivan Okhlobystin Ivan Ivanovich Okhlobystin (russian: Ива́н Ива́нович Охлобы́стин; born 22 July 1966) is a Russian actor, director, screenwriter, and former Orthodox priest. He is currently defrocked by the ministry of the Russian Ort ...

was the company's creative director from December 2010 to January 2014. He was sacked in the wake of his controversial appeal to "burn homosexuals alive". In September 2018, Euroset was purchased by Svyaznoy.

References

External links

Official website
{{Authority control Telecommunications companies of Russia Retail companies of Russia Retail companies established in 1997 Companies based in Moscow