Page 149 - RusRPTJul22

9.1.7 TMT sector news
The largest Russian marketplaces are arranging parallel imports, but it will be noticeably more expensive, and the assortment will obviously be smaller.
The fact that with the departure of brands from Russia, marketplaces have seriously taken up parallel imports, Kommersant writes. The publication found specific vacancies at Yandex Market, and a service representative confirmed the search for new supply channels.
A source in the company clarified that a separate division is being created, including for parallel imports, and the first batches of household appliances are already in warehouses in Russia. These are dishwashers, ovens, hobs and video cards. The source did not specify the brand names, but among the most painful losses for Russian consumers are Bosch, Siemens, Panasonic, LG Electronics, AMD, Intel, IBM.
Ozon also confirmed its own deliveries with the help of parallel imports. While Apple products are imported under this scheme, in the future Ozon does not exclude the supply of “heavy” luxury from LVMH and Kering. Market participants think that luxury will be supplied by brand partners (for LVMH and Kering in Russia, this is
149 RUSSIA Country Report October 2020 www.intellinews.com