SberDevices sues M.Video: 6.6 billion ruble lawsuit
SalutDevices is demanding 6.6 billion rubles from M.Video's operating company. The substance of the dispute has not been disclosed; the retailer says it is working toward a mutually acceptable solution.
LLC SalutDevices — the legal entity of the developer of home devices under the Sber and Salut brands — has filed a lawsuit with the Moscow Arbitration Court against M.Video's main operating company, LLC MVM. The amount of the claims is 6.6 billion rubles. The information follows from the case card. The parties are not disclosing the substance of the claims.
M.Video's press service said it is working to resolve the dispute. "It is important for us to maintain constructive partnership relations, so we are engaged in substantive work on the disagreements that have arisen," the company said. SberDevices did not comment on the lawsuit.
Context: financial pressure on the retailer
The lawsuit comes against the backdrop of M.Video's noticeably deteriorating situation. At the E-Retail Forum held in Moscow, the company's commercial director Sergey Uvarov publicly acknowledged a shortage of working capital. According to him, the retailer, among other things, had accrued a debt of 17 million rubles to one of its suppliers operating under an agency scheme.
The group's financial statements record the deterioration. M.Video's net profit under IFRS for 2025 amounted to 324.8 billion rubles, having decreased by 28%. The net loss tripled — to 63.6 billion rubles. By the end of June 2025, the company's financial obligations reached 159.2 billion rubles, with long-term obligations increasing from 2.2 billion to 26.7 billion rubles.
Amid debt restructuring, M.Video opened a credit line of 17.5 billion rubles with repayment due by 2033.
Reasons for the lawsuit unknown
The subject of SberDevices' claims has not been disclosed, so the lawsuit cannot be tied to a specific delivery, settlement, or other scheme of obligations between the parties.
Problems in the retailer's core business had already been surfacing by the time the lawsuit was filed. In September 2025, they were linked to falling sales in offline stores, competition with marketplaces, and high indebtedness.
Earlier, in April 2025, the group attributed the growing losses to the Central Bank's tighter monetary policy, the depreciation of the ruble, sanctions, and uncertainty around the key rate. These factors limited the retailer's financial capabilities, but in themselves do not reveal whether SberDevices' claim is related to debt or another part of the commercial relations between the two companies.
Original: kad.arbitr.ru
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