The decline came at a time of growth for the fast-moving consumer goods market, surprisingly. Romanian consumers pent EUR3.9 billion on refrigerators, TV sets, IT products, desktop equipment and vacuum cleaners last year or 12.5% more than in 2019. The market grew driven by the fact that people spent more time at home and invested in their place.
Samsung operates on several segments of the computer and electronics market such as cell phones, tablets, laptops, TV sets and home appliances.
The net profit, too, went down to less than RON100 million (EUR20 million) and was more than 20% lower than in 2019.
(English version by Loredana Fratila-Cristescu)