"Galeb group" invests million EUR in new technologies

In January, company “Galeb group“ from Šabac delivered 80% of total production of equipment for video-surveillance, metal lids for bottles and tins to buyers in West European countries. Thus, the additional means ... More

Weidmüller Interface To Build Two EUR 18 Million Plants In Romania

German group Weidmüller Interface has EUR 18 million investment plans for the next three years. They include building two plants in Germany and Romania. The Romanian plant will be located in Tautii Magherusi, in Maramures, ... More

MARAC signs 2.5 mln euro supply contract with TIM HELLAS

Marac Electronics and Siae Microelectronica today signed a 2.5 million euro contract for the supply of microwave link PDH technology to TIM Hellas. The contract envisages the installation, full technical support and gradual ... More

LG Electronics turnover worth EUR 50 M on the Romanian market

Bucharest - LG Electronics, world leader in electronics, household appliances and mobile communications field, registered in 2005 a turnover of EUR 50 M on the Romanian market. According to the company’s communiquÈ, ... More

Solectron expanding its Romanian business

American Solectron Company, one of the world's biggest services providers for electronic equipment producers, is expanding its Romanian business by opening a design and engineering centre at its factory in Timisoara. The new ... More

Greek Marak electronics boosts Montenegro police network

Athens-quoted Marac Electronics has won a 225,000 euro project to supply the Montenegro police force with advanced technology systems. Marac will collaborate with a local partner in Montenegro to supply the systems Wimax of ... More

South Koreans consider Electronics venture in Bourgas

Senior executives of the South Korean corporation Global Tech are visiting the Bulgarian city of Bourgas to study the feasibility of building an electronics plant. They told Regional Governor Lyubomir Panteleev they are ... More

Alphyra to invest EUR 10 M in e-payment system

Alphyra Romania will invest in the next two years EUR 10 M in developing a system allowing for payment of services or utilities, taxes and charges to the State, company general manager Petros Liolios. “At present, the ... More

Commercial co-operation of GERMANOS with COSMOTE Romania

Commercial co-operation of GERMANOS SA with the mobile telephony operator COSMOTE Romania in Romania. The agreement also concerns income from airtime. GERMANOS SA signed a commercial co-operation agreement with the mobile ... More

Germanos Bulgaria: Expanding network

GERMANOS Telecom Bulgaria, a unit of Greek electronic goods retailer Germanos, said it expanded its network by 19 outlets this year so far, following an investment of 800 000 euro. The company opened three new stores in November ... More

Germanos Romania posts 9-mo earnings €66.4 mln

Germanos Romania, the local arm of Greek telecoms equipment retailer Germanos, posted 9-mo revenues amounting to 66.4 mln euro. Germanos Romania's earnings before interest, tax, depreciation and amortisation (EBITDA) reached ... More

Germanos Bulgaria 9-m earnings up 55%

Consumer gadgets retailer Germanos Telecom Bulgaria, part of the Greek Germanos group, said EBITDA totalled 2.8 mln euro in Jan-Sept, up 55% y/y. Nine-month EBT was also up to 2.5 mln euro from 0.9 mln euro a year ago. Sales ... More

Top ministry official weighs options of Telco sale

Matjaz Jansa, the head of the directorate for electronic communications at the Economics Ministry, believes selling Telekom Slovenije, the national telco, as a group would fetch a better price. However, competition-wise it might ... More

4,000 visitors expected at HIFIarena

More than 120 international brands participate at the 3rd HIFIarena exhibition, from 100 a year ago, and 4,000 visitors are expected to attend the event, from 3,000 last year, said Sorina Muresan, the general director of Expotek, ... More

Altex opens new Media Galaxy Complex in Brasov

Electronic products and home appliances Altex opened a new Media Galaxy store in Brasov. The unit has a 3.500 sqm surface and it is a greenfield investment of some EUR 4 million, according to media sources. Altex's ... More

Germanos enters Informatics

He is creating a wholesale and retail chain for Eastern Europe with financing by World Bank. For years now Germanos has been the “show stopper” in the local communications market. He has dynamically exceeded the ... More

Germanos: 15% rise of net profit

Greek mobile phone equipment retailer Germanos reported a rise of its net profit by 15 per cent year-on-year, to 33m euros in the first half of this year. Germanos' sales went up by 17.2 per cent, to 429.6m euros. ... More