02.16.2016

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01.20.2016

The local mobile phone market will see about 10% growth in value to more than EUR700 million this year and smartphones will account for 90% of the sales, according to the estimates of the local South more

08.07.2015

Samsung Electronics Romania filed a petition with the Bucharest Court requiring the insolvency of Family Concept SRL, formerly Domo Retail SA, one of the largest electronics retailer on the local more

07.28.2015

Sales of large home appliances rose by 17% to 20% in the first half on the year-ago period, as Romanian consumers continued to replace the appliances they bought during the economic boom days more

05.06.2015

Brasov-based Visual Fan, which sells phones, tablets and other gadgets under its own brand, Allview, will add Alexandru Munteanu, one of the best-known Romanian executives in the local telecom more

04.27.2015

Sales of TV sets rose by 35% in Romania in 2014, a trend that took all those in this business by surprise, as they were only expecting no more than 10% growth in volume. more

04.09.2015

Sales of TV sets in Romania rose by 10-18% in the first quarter of this year, a pace almost similar with that posted last year, according to estimates by Victor Armaselu, head of the consumer more

03.03.2015

Samsung’s revenue in Romania fell by about 1% to less than 2.8 billion lei (EUR630 million) last year, but the company ended the year in the black, after offsetting the almost RON48 million loss of more

02.03.2015

Tablet sales rose by 40% in volume to 800,000 units last year but only by 2% in value to EUR90 million, due to the fierce price competition on the Romanian market. more

10.17.2014

Romania’s mobile phone market rose by 25% in volume on the year in the first eight months of 2014 and sales of smartphones saw a spectacular increase of about 85%, which shows the move away from 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

03.25.2014

The smartphone market will see growth of about 30% in volume this year, after sales of smartphones rose almost 70% year-on-year in 2013, say the representatives of the local subsidiary of more

01.30.2014

South-Korean giant Samsung appointed Jeongwoo Kim as the new CEO for its Romanian Samsung Electronics unit, replacing Young Lak Jung, who was CEO for the last four years, the company announced. more

01.06.2014

The two largest photovoltaic parks in Romania were started into service at the end of 2013, according to the latest data released by power grid operator Transelectrica. more

10.22.2013

Smartphone sales exceeded feature phone sales for the first time in September and they might hit a record high in December, considering that mobile operators, retailers and producers are all focusing more

10.09.2013

South-Korean giant Samsung has become the biggest investor in solar parks in Romania after completing a EUR100-million project in Slobozia, Giurgiu county. more

09.17.2013

Sales of smartphones have exceeded the sales of feature phones for the first time in Romania this month, Sorin Manea, head the telecom division of Samsung Electronics Romania, told ZF in an interview. more

06.21.2013

South-Korean giant Samsung registered turnover of around 2.4 billion lei (EUR534 million) in Romania in 2012, up 55% on the year, which ranks it among the 30 largest companies in the economy, more

05.07.2013

Samsung Electronics Romania registered net profit of 63.2 million lei (EUR14.6 million) in 2012, double on the year, and will pay out dividends worth RON61.1 million to its associates. more

04.19.2013

Samsung expects to sell more than 150,000 Samsung Galaxy S4, its latest flagship smartphone, on the Romanian market by yearend. more

01.30.2013

Samsung Romania’s household appliance sales climbed 30% last year and the company targets to keep sales steady or even increase them in 2013, Claudiu Lepădatu, the head of Samsung’s home more

10.17.2012

South Korea’s Samsung is considering building two solar parks with a total capacity of 45 megawatts in Romania, following the development of similar projects in neighboring Bulgaria, an official of more

09.10.2012

Romania’s cell phone sales will stagnate this year, while smartphone sales will continue to increase fast and are expected to peak in December, Sorin Manea, head of the telecom division of the local more

07.09.2012

The Romanian subsidiary of Samsung last year posted turnover of EUR361 million, up 63% on the preceding year, shows data obtained by ZF from the Trade Registry. The net profit reported by the company more

05.30.2012

Samsung Electronics Romania registered a net profit of 31.9 million lei (EUR7.1 million) in 2011, four times higher on the year, and will pay out dividends amounting to RON10.48 million. more