OREANDA-NEWS. December 27, 2007.  Retail electronics and home appliance store chain M.Video signed a five-year contract with Baumatic International, one of the largest European manufacturers of built-in home appliances. Under the contract, M.Video is made the exclusive distributor of Baumatic products in the Russian Federation.

"In Russia, the speed of residential construction is growing rapidly and the mortgage market is developing. These factors have created a strong demand for up-to-date, reliable built-in home appliances. This exclusive, long-term agreement with Baumatic International is an excellent opportunity for our company to strengthen its leadership in Russia's growing market of built-in home appliances," said M.Video Commercial Director Michael Kuchment.