Eldorado is Russia's second largest retailer of consumer electronics and household appliances.
Eldorado maintains a presence in more than 200 cities in various regions of the Russian Federation. The company develops multichannel sales and operates the largest network of over 600 stores throughout the country.
Eldorado is a five-time Consumer Rights and Quality of Service Award winner in the best retail chain category, a two-time winner of the People's Brand (2012, 2014), and was named the Company of the Year 2012 and 2013 HR Brand.
Eldorado was founded in 1994; PPF Group entered the company in 2009 by acquiring 50% + 1 share; in 2011 PPF completed a buyout of all remaining shares. As of June 2015, PFF Group owns 80% of Eldorado.
Eldorado: Financial Highlights
|PPF Group holding||80%*||100%*|
|Total revenues excl. VAT (EUR millions)||1,488||2,214|
|Gross profit (EUR millions)||412||550|
|Gross profit margin||27.7%||24.8%|
*In June 2015 it was announced that PPF Group and Emma Capital, an investment company, reached an agreement according to which Emma Capital became an owner of 20% of Eldorado LLC.
Eldorado: Management as of 13 May 2016
|Management||Mikhail Nikitin, CEO|
|Oleg Sukovatov, Vice-President, Sales|
|Anna Pozdnovskaya, Vice-President, Finance|
|Fabricio Granja, Vice-President, IT & Projects|
|Pavel Novak, Vice-President, Operations|
|Roman Ermolenko, Vice-President, Human Resources|
|Alexey Serdyuchenko, Vice-President, Buying|
Phone: +7 (495) 787 7800
Fax: +7 (495) 787 7808