Romanias electronics market to expand by 7-10% in 2011 retailer.

By bne IntelliNews June 16, 2011
Major electronics retailer Flanco forecast a 7-10% y/y expansion of Romanias electronics and IT market to EUR 1-1.1bn, Bursa daily reported, quoting company executive. Flanco is projected to have a 10% market share in terms of sales. The detailed sales dynamics in 2011 also indicated a market recovery in terms of both quality and volume. The sales of LED and LCD TV sets, and of expensive built-in kitchen appliances have particularly increased since the beginning of the year, and sales of air conditioners are expected to rise, too. The sales of LCD and LED TV sets increased by 40% y/y in the ytd period. The share of expensive built-in kitchen appliances reached 50% from 20% last year. In the computers segment, the sales of more expensive notebooks were six times higher than those of desktops.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 259

Related Articles

Romania to spend EUR 37mn in 2013 to close down loss-making coal mines.

Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more

Romanias Hidroelectrica sells nearly 0.3TWh of electricity on free market.

Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more

Romania to start privatisation of cargo railway company on April 6-8.

The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more