Euroset to quit Armenian marketMay 27, 2009 - 13:21 AMT PanARMENIAN.Net - Russia's largest mobile phone retailer Evroset is quitting Armenian and Moldovan markets. "Shops in Armenia have already closed. Final closing procedures may last 2-3 months. The company took such decision considering profit volumes, which do not exceed 1% of the company's total income in both countries," Euroset Press Secretary Natalya Aristova told a PanARMENIAN.Net correspondent. According to her, the company plans to focus on the markets operating in Russia, Ukraine, Kazakhstan and Bealrus.In 2006, Euroset launched its services in Kyrgyzstan, Uzbekistan, Moldova, Lithuania, Estonia, Latvia, Armenia, Georgia and Azerbaijan. It quitted the latter country's market having worked there for less than 6 months. The company accounted for such decision by the fact that Azerbaijan drew more profit from second hand phone sales, considering the large number pirate copies. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Armenia, Turkey discuss restoration of historic bridge The meeting took place on May 17 in Ashgabat on the sidelines of an international conference of ministers of culture. India wants Armenia’s proposals on use of Chabahar port India is expecting proposals from Armenia regarding the use of Chabahar port in Iran, Indian ambassador says. EU welcomes Armenia-Azerbaijan “progress” The EU has welcomed “progress” made in the framework of the Armenia-Azerbaijan border delimitation process. Belarus opposition leader slams Lukashenko for Karabakh trip Belarusian opposition politician Sviatlana Tsikhanouskaya has harshly criticized the visit of Lukashenko to Karabakh. |