ELECTRONICS
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Flanco To Start Selling Private Label Products Next Month
Flanco, the second leading computer and electronics retailer in Romania by revenue, will begin selling its first private label products in August.
Miele Signs Partnership With Altex
German-held home appliances manufacturer Miele, which has both manufacturing and retail and wholesale operations in Romania, has signed an agreement with Romania’s leading computer and elect...
Altex Hits EUR350M Sales Target One Year Earlier Than Expected
Altex, the leading local computer and electronics retailer, ended last year with about EUR350 million in revenue, returning to the 2008 figure in euros. If calculated in lei, the sales reach...
Samsung Revenue Down To Less Than RON2.8B In 2014
Samsung’s revenue in Romania fell by about 1% to less than 2.8 billion lei (EUR630 million) last year, but the company ended the year in the black, after offsetting the almost RON48 million...
Altex Revenue Back To EUR300M After Five Difficult Years
The local computer and electronics retail leader Altex, of businessman Dan Ostahie, will end the year with EUR300 million revenue, for the first time since 2008.
Sharp: TV Set Market To Reach At Least 900,000 Units This Year
Sales of TV sets will reach about 900,000 units in Romania this year, 20% more than in 2013 and the market might see even one million units delivered in case of record sales over the Black F...
Computer And Electronics Retailers Expect Growth Of 20% In 2014
The computer and electronics retail market gained 10% to 15% in the first half and companies in the industry expect growth of 20% for the entire year, driven by the invigorating purchasing p...
Computer And Electronics Retailers Saw First Clear Signs Of Recovery In 2013
Sales of TVs, refrigerators and smartphones went up 6.9% in Romania to EUR1.7 billion last year, and the local durable goods market growth was the second highest in Europe, after Hungary. On...
Samsung Hits EUR650M In Revenue In Romania
South-Korean giant Samsung in 2013 generated revenue of around 2.85 billion lei (EUR644 million) in Romania, up 20% year-on-year and almost 80% higher than in 2011, the first entire year of...