09.05.2024

Estep B2B, which operates Samsung Mobile Store network of Bucharest, Ploiesti and Iasi, in 2023 posted lower turnover and net profit, with a higher number of employees. more

06.06.2024

The local TV set market in 2023 remained relatively steady both by sales volume, of around 1.3 million units, and sales value, which neared EUR400 million, in line with data provided by the local more

06.04.2024

Samsung Electronics Romania, the local subsidiary of the South Korean giant that leads the global smartphone market, last year registered net turnover worth RON5.6 billion (EUR1.1 billion), slightly more

01.18.2024

The premium segment of Romania’s smartphone market, including phones with prices of above EUR600, will this year go beyond the EUR1 billion threshold by value and reach over EUR1 million by more

05.30.2023

Samsung Romania, the local subsidiary of South Korea giant Samsung, one of the world's largest producers of electronic devices, enjoyed a new year of business acceleration in 2022, as per data sent to more

04.24.2023

South Korean giant Samsung kept its leading position on the local mobile phone market last year with a 53% share by unit number and around 45% by value. more

11.04.2022

Romania’s smartphone market will hit a value of around EUR1.3 billion at end-2022, up 20% from 2021 as the premium segment is gaining ever more ground. Premium smartphone sales now account for half more

12.14.2021

A 45 MW solar park in Giurgiu completed in 2012 and held by Samsung is now up for sale, market sources say. The project company behind it, LJG Green Source Energy Alpha, was acquired by Samsung C&T more

08.23.2021

Romania’s smartphone market continues to grow and should reach EUR1.2 billion by yearend, as people allocate higher and higher budgets for premium models, since the smartphone has become a device more

05.24.2021

The pandemic caused the first decline in revenue for South Korea’s Samsung in Romania to some RON4.9 billion (EUR1 billion) in 2020, about 4% lower than in 2019. This is, however, the second highest more

09.17.2020

The trend of TV sales on the Romanian market has been completely unusual this year as the start of the COVID-19 pandemic led to sports events being postponed that normally drive people to buy TV sets. more

06.18.2020

South Korean giant Samsung reported a turnover of around RON5.1 billion on the Romanian market in 2019, up nearly 11% compared with 2018. The group's local business nearly doubled in the past five more

02.10.2020

South Korea’s Samsung had its best year ever on the smartphone market in Romania in 2019, as its market share reached about 54% by volume, 6% higher than in the previous year, even though the more

05.21.2019

South Korea’s Samsung posted about 4.6 billion lei (EUR1 billion) revenue in Romania last year, up about 8% over 2017. more

04.04.2019

Samsung and Huawei’s subsidiaries sold about 70% of the smartphones purchased in Romania in 2018, an increase of almost 20% over 2016, which shows local users chose more expensive phones from market more

03.26.2019

South Korea’s Samsung started 2019 with a 54% market share by number of smartphones sold in Romania in January, the highest market share in recent years, which helped it consolidate its leading more

11.02.2018

Romania’s TV set market will overshoot the 1.7 million unit mark this year, up from the 1.5 million-unit sales of 2017, following an about 16% rise in January-September sales and considering that more

07.09.2018

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06.05.2018

The Romanian subsidiary of South-Korea’s Samsung, the leader of the local smartphone and TV set market, saw its revenue increase at a faster rate last year than in the previous year, which put it more

05.01.2018

TV sales reached 1.5 million units in Romania in 2017, slightly up on 2016, when they stood at 1.4 million units. The average price was about 1,200 lei (EUR257), so a TV sold for RON1,275 on average more

04.02.2018

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01.15.2018

The number of smartphones sold in Romania last year went up by 9% to 4.5 million and the value of sales was even higher, 27%, as demand for premium models is on the rise. more

05.17.2017

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06.16.2016

Romanian users are embracing technology, as 61% use it more frequently than they did two years ago but they sometimes consider terminology confusing, according to the latest Samsung survey. more

05.13.2016

The local subsidiary of South Korea’s Samsung, which accounted for almost half the smartphone and TV set sales in Romania last year, posted growth of 19% in revenue to 3.3 billion (EUR734 million) more