02.25.2016

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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

06.16.2015

Home appliance maker Arctic produced over 25 million refrigerators in its plant in Gaesti, Dambovita county, southern Romania, since it was established 45 years ago, the company said in a statement 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

11.03.2014

Home appliances manufacturer Arctic, based in Gaesti, Dambovita County in southern Romania, will hire almost 200 people in January for a total of 2,700. The company will thus continue the hiring it more

10.22.2014

Household appliance maker Arctic, part of Turkish group Arcelik, named a new general manager, Hasan Ali Yardimci, who will replace Monica Iavorschi, promoted as the group’s international marketing 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

05.08.2014

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

03.27.2014

Romania may become production hub for home appliances in the coming years, as several large producers have voiced their interest in expanding existing plants or opening new units. The cheap and more

01.17.2014

Romanian household appliance maker Arctic Gaesti will appeal the fine imposed by Romanian antitrust authorities for sealing anti-competition agreements within the buy-back campaigns, saying it was not more

10.31.2013

Household appliance maker Arctic, part of Turkish group Arcelik, opened a new refrigerator production line Thursday at its plant in Gaesti, in Dambovita county, southern Romania, following a EUR24 more

05.24.2013

Romanian household appliance maker Arctic, owned by Turkish group Arcelik, saw a nearly 30% increase in exports, to 861.84 million lei (EUR198 million), in 2012. more

02.07.2013

Home appliances manufacturer Arctic increased exports by 25% last year and its best markets were Iraq, South Africa, Turkey and Ukraine. more

07.20.2012

Arctic, the largest local home appliances producer might end the year with EUR300 million sales, if the growth pace of the first half maintains in the second semester. more

07.16.2012

Romanian household appliance maker Arctic registered sales of 1.07 billion lei (EUR253 million) in 2011, up some 13% compared with the previous year. more

02.03.2012

Romanian household appliance maker Arctic, owned by Turkish group Arcelik, will build a new production line, which would boost exports, the Romanian government said Friday in a news release. more

11.03.2011

Home appliances maker Arctic could end the year with EUR260 million in turnover, up 16% on the year if the rise continues at the same rate in the last quarter as in the previous three. So, although more

03.23.2011

Romanian household appliances maker Arctic on Wednesday posted sales of EUR200 million in 2010, up 6% on the year, fueled by increasing the production capacity. more