“In recent years, Romanians’ interest in purchasing pre-owned electronics and particularly mobile phones has risen considerably. In 2023, we expect a 50% turnover increase on the electronics segment,” says Cosmin Popovici, CreditAmanet CEO.

CreditAmanet is unfolding a Buy Back scheme for electronics that allows for the acquisition of some last-generation products at prices up to 50% lower than the launch price.

Also, CreditAmanet clients can get as much as 80% of the pre-owned value of electronic products if they are in a good state, according to the company’s officials.

Romania’s pawnbroking market, an industry including 1,700 companies nationwide, reached RON1.2 billion in 2021.

(English version by Catalina Apostoiu)