The top executives of Russia’s leading retail chains dealing in home appliances and consumer electronics came up with a statement that depicts the way Panasonic does business in Russia as unscrupulous. They said they were going to stop selling goods produced by the company.

The writing of this statement was caused by ‘the dishonest and sometimes illegal practices employed by Panasonic in Russia’; it was signed by Chairman of EuroSet Evgeniy Chichvarkin, President of Svyaznoy Maxim Nogotkov, President of Eldorado Igor Yakovlev, Vice President of M.Video Alexander Zaionts, President of TechnoSila Vyacheslav Zaitsev, and General Director of Mir Evgeniy Kabanov.