ARCTIC
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Arctic Confirms Construction Of Washing Machine Plant
The shareholders of Arctic, Romania’s largest home appliances manufacturer, approved construction of the second plant in the country in mid-February.
Arctic To Build New Plant On 70-Hectare Plot
Romania’s largest home appliances manufacturer, Arctic, will build its planned washing machine and dishwasher plant on an about 70-hectare plot in Ulmi, Dambovita County (southern Romania),...
Arctic Wants To Build Washing Machine Plant, Seeks State Aid
Arctic Gaesti, the country’s largest home appliances manufacturer, wants to build a washing machine plant in Romania in a 472.5 million lei (EUR105 million) investment.
Arctic Produced 25 Million Refrigerators In 45 Years
Home appliance maker Arctic produced over 25 million refrigerators in its plant in Gaesti, Dambovita county, southern Romania, since it was established 45 years ago, the company said in a st...
Arctic Mired In Single-Digit Growth Despite Investments
Arctic Gaesti, Romania’s largest home appliances manufacturer, invested 33.3 million lei (EUR7.5 million) in its plant and in the distribution and export operations last year, which showed i...
Arctic Might Make Another Investment In Romania, New General Manager Says
Home appliances manufacturer Arctic, based in Gaesti, Dambovita County in southern Romania, will hire almost 200 people in January for a total of 2,700. The company will thus continue the hi...
Arctic Names New General Manager
Household appliance maker Arctic, part of Turkish group Arcelik, named a new general manager, Hasan Ali Yardimci, who will replace Monica Iavorschi, promoted as the group’s international mar...
Arctic, Slower Revenue Growth In 2013 After EUR30M Investments
Gaesti-based electrical home appliances producer Arctic ended last year with revenue of 1.42 billion lei (EUR321.5 million), up almost 4% on the year. While revenue continued to rise, the gr...
Arctic Mulls Selling Household Appliances Online
Household appliance maker Arctic, part of Turkish group Arcelik, might start selling products online, according to the proposal of the Board of Directors.