OREANDA-NEWS. January 20, 2010. Russia’s largest mobile retailer Euroset could place at least 30% of its shares in an IPO in 2011, the company’s president Alexander Malis said. According to his estimates, Euroset, with over 300 retail outlets, is currently worth some USD 1.5-2 bn vs.

USD 600-700 mn in summer 2009. The company’s major shareholders, businessman Alexander Mamut with a 50.1% stake and Russia’s second largest wireless operator VimpelCom with a 49.9% stake are looking for the third investor for Euroset, which should help boost business value.