The company held by entrepreneur Andreea Steluta Creanga posted seven times higher revenue in 2018 than in 2017. The growth came after a change of NACE code to “Manufacture of consumer electronics”.
There is little information available about Renaissance Public Service, as the appropriate website only displays an address, a phone number and an email address, without further details. ZF has found Renaissance Public Service assembles TV sets under the Schneider brand.
Renaissance Public Service is the first TV set plant in Romania in decades. The country has only seven major home appliances plants, which make vacuum cleaners, refrigerators, cookers, espresso machines and washing machines. The websites of the local computer and electronics retailers – Altex, Flanco and eMAG only show TV sets under the Schneider brand, which sell from RON450 to RON3,000.(EUR1=RON4.7284)
(English version by Loredana Fratila-Cristescu)