ARCTIC
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Romania Likely To Become Home Appliances Production Hub
Romania may become production hub for home appliances in the coming years, as several large producers have voiced their interest in expanding existing plants or opening new units. The cheap...
Arctic Appeals Fine Imposed By Romanian Antitrust Watchdog
Romanian household appliance maker Arctic Gaesti will appeal the fine imposed by Romanian antitrust authorities for sealing anti-competition agreements within the buy-back campaigns, saying...
Arctic Invests EUR24M In New Refrigerator Production Line
Household appliance maker Arctic, part of Turkish group Arcelik, opened a new refrigerator production line Thursday at its plant in Gaesti, in Dambovita county, southern Romania, following a...
Arctic’s Exports Up Nearly 30% In 2012, To Some EUR200M
Romanian household appliance maker Arctic, owned by Turkish group Arcelik, saw a nearly 30% increase in exports, to 861.84 million lei (EUR198 million), in 2012.
Arctic Finds Growth Outside European Union
Home appliances manufacturer Arctic increased exports by 25% last year and its best markets were Iraq, South Africa, Turkey and Ukraine.
Arctic Headed Towards EUR300 Million Revenue
Arctic, the largest local home appliances producer might end the year with EUR300 million sales, if the growth pace of the first half maintains in the second semester.
Arctic Registered Sales Of Over RON1B In 2011
Romanian household appliance maker Arctic registered sales of 1.07 billion lei (EUR253 million) in 2011, up some 13% compared with the previous year.
Arctic To Widen Production At Gaesti Plant
Romanian household appliance maker Arctic, owned by Turkish group Arcelik, will build a new production line, which would boost exports, the Romanian government said Friday in a news release.
2011 Could Be The Best Year Yet In Arctic’s History
Home appliances maker Arctic could end the year with EUR260 million in turnover, up 16% on the year if the rise continues at the same rate in the last quarter as in the previous three. So, a...