30 August 2023 (closing of all the latest Svyaznoy stores in Moscow and St. Petersburg) 12 December 2023 (declared bankrupt by the Arbitration Court of Moscow) Svyaznoy (Russian: Связной) was Russia's second-largest[1] independent handset retailer, with over 2,900 stores in Russia and Belarus.

Svyaznoy company claimed to start bankruptcy process at February 2023.

[4] After the start of the Russian invasion of Ukraine, a number of equipment manufacturers stopped deliveries to Russia.

The last Svyaznoy stores in St. Petersburg and Moscow closed in August 2023.

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