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Kommersant: Toshiba leaves the Russian market

The newspaper «Kommersant» writes that the Japanese Corporation Toshiba closes its Russian subsidiary that sells TVs and kitchen appliances «Toshiba si-ay-es».

According to the publication, the decision was made «due to the high competition and the fluctuations of the ruble». «In Russia among Japanese corporations, which accounted for 10% of the TV market, there will be only b2b division «Toshiba Rus», collaborating with «Mail of Russia», Sberbank and Power machines», – is spoken in the publication.

Head of the representative office of the Japanese organization on development of foreign trade (JETRO) Kenichiro Nomura said that Toshiba did not inform him about the withdrawal from the consumer market in Russia.

Kommersant: Toshiba leaves the Russian market 14.12.2015

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