The manufacturer has two plants in Dambovita County, one in Gaesti that makes refrigerators and one in Ulmi that makes washing machines. Its revenue rose almost 9% year-on-year but almost tripled compared with 2008-2009. Arctic’s owner, Turkey’s Arcelik group, doubled the business in the last seven years alone.
Arctic uses only one company to report figures, which as of 2019 includes the revenue of the plants and the sales of products made in other plants of the group. Besides the home appliances made by Arctic, Arcelik also sells other home appliances branded as Beko, Arctic, as well as Grundig-branded electronics.
The revenue therefore includes the entire local production (exports and local market) and the imports for Romania.
“With about 4,300 employees, the company exports 83% of the total production to 85 countries.”
(English version by Loredana Fratila-Cristescu)