HOME APPLIANCES
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Electrolux Revenue Drops To Less Than EUR100m In Romania
Swedish home appliances manufacturer Electrolux, one of the six international giants in this sector that has plants in Romania, saw revenue drop to less than EUR100 million on this market in...
Romanians Spend EUR200M On Refrigeration Appliances A Year
Sales of refrigeration appliances, the biggest segment of the large home appliances market, estimated at EUR200 million, will go up by 3% in volume in 2015. This is the second year of growth...
De’Longhi Romania Saw 130% Growth In 2014
Italian home appliances manufacturer De’Longhi Romania, which owns an espresso machine plant in the Tetarom industrial park in Jucu, near Cluj, posted 321.7 million lei (EUR72 million) reven...
Low Labor Cost And Geographic Location Turn Romania Into Home Appliances Manufacturing Hub
Romania has been shaping up as a destination for major home appliances brands over the last few years that come looking to buy or build plants from scratch on a market dominated by two big n...
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...
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...
Miele Appliances Romania Expects 50% Sales Growth In 2014
Miele Appliances, the home appliances company, estimates growth of 50% in revenue to almost 13 million lei (EUR2.9 million) for 2014 after a slight decline last year for the first time since...
De’Longhi’s Jucu Plant Turns A Profit In Its First Year In Business
Italian-held home appliances manufacturer De’Longhi, which opened a plant on some of the space vacated by Nokia in Jucu, near Cluj, ended its first year in business in Romania in the black 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...