M.Video-Eldorado's IT direction will become a separate company

M.Video-Eldorado will spin off its internal IT direction into M.Tech.
The company will develop products and IT-services for retail, trade, consumer lending and e-payment market. The company will focus on the domestic market, but it is also possible to sell to the foreign market in the future, according to the report, which was received by \"Igromania\".
Now more than 100 projects based on data analysis, biometrics, artificial intelligence and machine learning are in development.
Work will also be focused on the development of recommendation services, personalization tools, video analytics, etc.
\"M.Video-Eldorado Group has market-recognized IT expertise, the separation of which into a separate company will allow us to scale existing developments more effectively, increase the transparency of business processes given the high degree of uncertainty that exists now.We also expect a significant effect from this decision for IT specialists - it is important that our employees have access to everything that we have now.
For example, it will be easier for foreign IT specialists to get residence permits in Russia.
Also for IT specialists will be available the preferential mortgage at 5%, besides, the IT-specialists will be able to get a deferment from the army.
Prior to May 1, IT-companies announced that they wished to get a deferment of employees.
Decisions to grant deferments will be made after June 1.