FLANCO
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Competition Authorities OK Flanco Takeover By Asesoft
Romanian Competition Council on Thursday announced it has approved the takeover of electronics retailer Flanco Retail by Asesoft Web, part of the Asesoft group.
Romania’s First Black Friday Brings Over EUR15M In Sales
Romanian electronics and home appliances retailers sold more than EUR15 million worth of TV sets, cameras and laptops on Romania’s first Black Friday.
How Retail Changed Since Heyday: Products Were Selling Straight Off The Truck Back Then
Electronics, home appliances and IT products retailer Flanco expects EUR140 million sales next year, 27% higher than this year and almost double the figure of 2010.
Flanco Expects Switch To EUR1m Net Profit By Yearend
Electronics retailer Flanco expects to conclude this year with sales of EUR110 million, up 38% on the year, and a net profit of EUR1 million, Wednesday said the company’s general manager, Ad...
Romanian Retailer Flanco Appoints New Sales Manager
Romanian electronics and IT retailer Flanco appointed Gabriel Peres as sales manager, putting him in charge of the company’s sales policy and the nationwide network of 75 units, the company...
Asesoft Owners Use EUR4M Loans To Capitalize Romanian Flanco
Romanian businessmen Sebastian Ghita and Iulian Stanciu contracted two loans worth a total EUR4 million from BRD-Groupe Societe Generale and UniCredit Tiriac Bank, to capitalize electronics...
Meva Could Learn From Flanco In Its Reorganization
The reorganization of rolling stock manufacturer Meva, controlled by Cristian Burci, could be done based on the model of home appliances retailer Flanco, whose assets were taken over by an i...
Romanian Flanco Opens Four New Stores In RON5M Investment
Romanian electronics retailer Flanco on Thursday said it has invested some 5 million lei (EUR1=RON4.1021) over the past month in launching four new stores across Romania.