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Miele to End Year with 33% Growth, Keep Opening Stores
German-held retailer Miele, which sells premium home appliances, will end the year with a 33% rise in sales to EUR8 million and will continue development.
First Optimistic Signals On Home Appliances Market Expected In 2H
Romanians bought fewer refrigerators, washing machines and microwave ovens, yet the large home appliances market went up in value. What could help the market in 2012?
Whirlpool: Market Development Will Depend On Income Evolution
Whirlpool Romania, the local subsidiary of one of the world’s largest home appliances manufacturers, will rely on premium products this year to register the same level of sales as in 2011.
Home Appliances And IT Market Up 10% Last Year, Rise Is Set To Continue
Romanians spent EUR60 on average on electronics, home appliances and IT products last year, ten times less than Germans, six times less than Austrians and four times less than Czechs, accord...
Gorenje Sees Sales At EUR12M In 2011, Expects Slight Market Growth In 2012
Slovenian-held home appliances maker Gorenje, which has been operating in Romania for a decade now, posted about EUR12 million in net revenues in 2011 and expects 7% growth this year.
Szarvadi, Domo: September Is Key To Our Q4 Direction
Lorand Szarvadi, the chief executive and minority shareholder of home appliance retailer Domo, expects September to be a decisive month for the fourth quarter budget plans.
Whirlpool: Romanian Home Appliances Market Set To Grow 10% In 2011
Whirlpool Romania, the local subsidiary of the world’s largest home appliances manufacturer, estimates the white goods market will rise by up to 10% against 2010, to around EUR330 million.
Domo’s Szarvadi Relies On Home Appliances Because They Are Not Fad-Dependent
It has been almost three years since the electronics, home appliances and IT products market started to feel the effects of the crisis and, even though small positive signals are emerging, t...
In Times Of Crisis, Consumers Reconsider Appliance Purchases
In the past two years, Romania's home appliances market has been through troubled times, with declines of hundreds of millions of euros. The purchasing power collapse changed many consumer o...