Alexander Malis new CEO of Euroset
On April, 23 Russian mobile phone retailer Euroset announced the appointment of Alexander Malis to the position of President and CEO of Euroset company. Formerly Malis held the post of Director of Broadband Access Development unit in VimpelCom.
Euroset has 5.1 thousand stores in Russia, Kazakhstan, Ukraine, Belorussia, Moldavia, Armenia and Kyrgyzstan. Company's turnover for 2007 was $5.6 billion, revenue – $3.144 billion. In September 2008 businessman Alexander Mamut bought 100% of the company for $1.25 billion with a debt, which at that time was $850 millions. Later Mamut sold 49.9% of Euroset to VimpelCom for $226 million with an option to buy 25% more.
"I believe that combination of such qualities as creativity in running a business and at the same time ability to achieve results, will help Alexander to successfully run Euroset company", - Alexander Torbakhov, General Director of JSC VimpelCom commented.
The main goals the new president is to reach are strengthening the leading position of the company on the market, increasing its market share, rising business performance, and promoting Euroset as multi-service company, setting the trends and rules on the market on behalf of its customers.
В© Oxana Vassilyeva
Photo: Alexander Malis, CEO of Euroset
