The main players on the market by the 2018 turnover are as follows: Samsung Electronics Romania – RON4.6 billion (13.5% of the total), Dante International (eMAG) – RON4.2 billion (12.5% of the total) and Altex Romania – RON3.6 billion (10.5% of the total). The biggest increase among retailers, compared with the previous year, was reported by eMAG, whose turnover grew nearly 28% versus 2017.
Companies registered in capital Bucharest generated a turnover of RON22.9 billion, accounting for 67.3% of the total in 2018, being followed by those in Ilfov (16%), Cluj (3%), Timis (1.8%) and Suceava, accounting for 1% of the total. The top five counties made up nearly 90% of the turnover of electro-IT&C companies in 2018.
Bucharest also holds the top spot by the number of companies, being followed by the counties of Cluj, Timis, Bihor and Dolj. Thus, nearly half of the local electro-IT&C firms were registered in the top five counties.
The ranking of players in the local electro-IT&C retail market lists eMAG, Dante International SA (RON4.2 billion), Altex Romania SRL (RON3.6 billion) and Flanco Retail SA (RON1.1 billion).
In terms of wholesale, the top spot is held by Samsung Romania SRL, with a turnover of RON4.6 billion, which is followed by Huawei Technologies SRL (RON1.9 billion) and Network One Distribution SRL (RON1.3 billion).
The average number of employees in the electro-IT&C industry fell by 4.6% versus 2017 and by 5.5% versus 2014, to 30.6 thousand employees in 2018.
Altex Romania SRL was the biggest employer in 2018, accounting for 10% of the total workforce. The top five companies had more than 9,000 employees in 2018, or nearly 30% of the total. By contrast, more than 2,100 companies (41% of the total) had no employee in 2018.
The net profit of electro-IT&C companies decreased by 7.4% versus 2017, but remained 35% above the 2014 level, at RON1.15 billion in 2018. In 2019, it is expected to exceed the RON1.3 billion mark. Despite consolidation in 2018, both margins of profitability (net and operational) have improved for electro-IT&C companies in the last five years.
In terms of profitability, Samsung Electronics Romania holds the top spot with a net profit of RON89.7 million, accounting for 7.8% of the total profit reported by this sector in 2018.