05.23.2016

Home appliances manufacturer Arctic exported 1.2 billion lei (EUR266 million) worth of refrigerators and freezers made in its Gaesti plant (southern Romania) last year, an increase of 13.4% on 2014. more

04.04.2016

Arctic remained the largest exporter among home appliances manufacturers in Romania in 2015, followed by DeLonghi Cluj and Philips Orastie. more

03.08.2016

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02.26.2016

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01.18.2016

Arctic Gaesti, the country’s largest home appliances manufacturer, wants to build a washing machine plant in Romania in a 472.5 million lei (EUR105 million) investment. more

07.29.2015

Flanco, the second leading computer and electronics retailer in Romania by revenue, will begin selling its first private label products in August. more

07.06.2015

Swedish home appliances manufacturer Electrolux, one of the six international giants in this sector that has plants in Romania, saw revenue drop to less than EUR100 million on this market in 2014, more

07.02.2015

Sales of refrigeration appliances, the biggest segment of the large home appliances market, estimated at EUR200 million, will go up by 3% in volume in 2015. This is the second year of growth in a row more

06.19.2015

Italian home appliances manufacturer De’Longhi Romania, which owns an espresso machine plant in the Tetarom industrial park in Jucu, near Cluj, posted 321.7 million lei (EUR72 million) revenue last more

06.16.2015

Romania has been shaping up as a destination for major home appliances brands over the last few years that come looking to buy or build plants from scratch on a market dominated by two big names until more

05.25.2015

German-held home appliances manufacturer Miele, which has both manufacturing and retail and wholesale operations in Romania, has signed an agreement with Romania’s leading computer and electronics more

05.01.2015

Arctic Gaesti, Romania’s largest home appliances manufacturer, invested 33.3 million lei (EUR7.5 million) in its plant and in the distribution and export operations last year, which showed in a 6% more

03.13.2015

US group Whirlpool started integrating Italy’s Indesit for which it paid $1 billion last year and Jeff Fettig, the chief executive officer of the newly created giant, states this means rising more

12.16.2014

Network One Distribution (NOD), Romania’s largest IT&C distributor, in 2010 launched its own electrical home appliances brand Heinner and expects sales worth 90 million (EUR20 million) for it in more

09.10.2014

Orastie-based Sogeco plant owned by Dutch group Philips, Romania’s second largest exporter of electrical home appliances, reported revenue of EUR101 million for 2013, up 40% against 2012. more

07.07.2014

Miele Appliances, the home appliances company, estimates growth of 50% in revenue to almost 13 million lei (EUR2.9 million) for 2014 after a slight decline last year for the first time since 2009. more

07.02.2014

Italian-held home appliances manufacturer De’Longhi, which opened a plant on some of the space vacated by Nokia in Jucu, near Cluj, ended its first year in business in Romania in the black posting more

05.19.2014

Gaesti-based electrical home appliances producer Arctic ended last year with revenue of 1.42 billion lei (EUR321.5 million), up almost 4% on the year. While revenue continued to rise, the growth pace more

05.19.2014

Sales of TVs, refrigerators and smartphones went up 6.9% in Romania to EUR1.7 billion last year, and the local durable goods market growth was the second highest in Europe, after Hungary. On the other more

05.16.2014

South-Korean giant Samsung in 2013 generated revenue of around 2.85 billion lei (EUR644 million) in Romania, up 20% year-on-year and almost 80% higher than in 2011, the first entire year of direct more

05.08.2014

Household appliance maker Arctic, part of Turkish group Arcelik, might start selling products online, according to the proposal of the Board of Directors. more

04.28.2014

The electrical home appliances market registered growth of below 10% in the first months of this year, driven by sales of low-penetration items such as built-in products and dishwashers. more

04.04.2014

The Brasov plant of Germany’s luxury home appliances producer Miele has come to manufacture 4 million electronic units (home appliances parts) per annum and its revenue hit EUR27 million in 2013, up more

10.01.2013

Romania’s major household appliances market is expected to grow by 4% to 5% in 2013 and exceed the threshold of EUR300 million following a 10% increase in product prices, Whirpool Romania’s more

04.16.2013

The local home appliances market might show the first signs of having overcome the crisis at the end of this year, says Mioara Bolozan, marketing manager of Whirlpool Romania. more