Klekowski also said the reason behind opening an office in Romania is the size of the local market and the dynamics of the gross domestic product (GDP).
Sharp’s sales in Romania currently account for less than 2% of the electronics market.
Klekowski declined to mention the value of Sharp’s investment in opening an office locally, which will also be used to coordinate the operations in Bulgaria.
Sharp’s expansion on the Romanian market, along with setting up several units in Europe, is part of the company’s development strategy on several markets in Eastern Europe.
Founded in 1912, Sharp is one of the world’s largest electronics producer with sales of EUR20.5 billion in the fiscal year between April 2011 and April 2012.