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  ELECTRONIC EQUIPMENT - BULGARIA  
 
  15/12/2008  
  Nokia dealer flees Bulgaria  
Greek Alpha Copy, the authorised Nokia distributor for the market, is pulling out of Bulgaria under the weight of the worldwide financial fallout, reported Greek business newspaper Imerisia.

The publication quoted as saying Alpha Copy’s Southeast Europe manager, Greig Williams, and the company’s president, Stavros Konstantinidis.

The shake-up is aimed at cutting operating costs in response to partners’ requirements.

Alpha Copy operates in Bulgaria via its local subsidiary, Alpha Copy Bulgaria, Nokia’s first authorized dealer for the market. Later on the Finnish tech giant picked Total Telecom to be its second official distributor.

None of the two companies was available for comment until Dnevnik went to print.

Velizar Sokolov, manager of Arsis Consulting, the Finnish firm’s local law partner, said it has not received an official statement about a forthcoming restructure of distribution channels.

Market insiders said on condition of anonymity they were surprised by the move given Nokia’s robust sales on the market and Alpha Copy’s recent job announcements.


 
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