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By 2027, Mosgorlombard plans to occupy 3% of the Russian resale market

К 2027 году «Мосгорломбард» планирует занять 3% российского рынка ресейла

On the eve of the 100th anniversary, the first regional branch of the Resale Market of the Mosgorlombard network was opened in Nizhny Novgorod. The company's press service writes about this .

Источник: «Мосгорломбард»

Source: Mosgorlombard

If the pilot regional project is successful, the company plans to expand the Resale Market network to 30 regions. MGKL has been developing its resale business for several years. Initially, the direction was represented by a network of Mosgorlombard branches.

“In 2023, we removed resale from the pawnshop business circuit, separating it into a separate division – Resale Market, which we are consistently developing. We entered the platforms of the largest marketplaces, thus powerfully strengthening the online component resale directions , we are now expanding the offline infrastructure , including in the regions,” said Alexey Lazutin, CEO of the parent company of the MGKL Group, PJSC MGKL .

The offline infrastructure of the direction is also consistently developing – for example, four Retail Market branches are already operating in Moscow, opened at the end of 2023 in the shopping galleries of the Auchan hypermarkets and the Mega shopping center. They have an increased area compared to pawnshop branches (about 30 m²) and are focused on the purchase and sale of goods “with history”, as well as on the sale to retail customers of unclaimed collateral – used fur, jewelry and equipment.

“To strengthen our presence in the resale market, we are actively developing both our online presence and offline infrastructure, consistently solving the problem of taking a share of 3% of the Russian resale market by 2027, which will then grow to 3 trillion rubles,” emphasized Alexey Lazutin.

Exactly 100 years ago, on July 5, 1924, the Moscow City Pawnshop was established by decree of the People's Commissariat of Finance of the RSFSR.

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