Thursday 16 April 2009

Electro World

Electro World is DSGi's chain of some 36 superstores in Czech Republic, Hungary, Poland, Greece and Turkey. Last November, it was reported that the Eastern European stores were to be put up for sale. Now, there are suggestions in the local media that Slovak company Nay Elektrodom wants to buy these stores. Enterprise Investors took at 48% stake in Nay back in 2005, so presumably the funds can be made available if the business case looks good.

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