about us | newsletter | contact | archive | members area
Bogdan Nitulescu, Tremend
Cryptocurrencies volatility is a big problem»

Mitsubishi Electric Europe opens its first branch in Romania

Mitsubishi Electric Europe, through its Mitsubishi Electric Living Environmental Systems division, inaugurated its first branch in Romania, in Bucharest, thus strengthening the presence of the brand on the Romanian market.

2018-04-17 12:23:32

In 2017, the company′s sales share was about 10 million Euro, totaling ten per cent of the local air conditioning market.

In recent years, Mitsubishi Electric has doubled its market share for such electrical products, and in 2018 an increase in sales is expected.

"We have decided to strengthen Mitsubishi Electric′s presence in Europe by investing in Romania, as the local market has seen a spectacular evolution in recent years," said Andrea Veronese, general manager of Mitsubishi Electric Romania. "Moreover, the local economy has grown a lot and we consider that we have favorable conditions for strengthening the brand presence."

There are 0 comments:

Validation Code

0 Comments  |  981 Views
Daily Info
Christophe Dridi is the new general manager of Automobile Dacia and Groupe Renault Romania

Groupe Renault announces the appointment of Christophe Dridi as General Manager of Automobile Dacia and Groupe Renault Romania as of January 1, 2019.

Dacia receives 115.8 million RON in state aid from the Finance Ministry

The Romanian Finance Ministry has signed five more grant agreements under the state aid scheme, and among the beneficiaries are Automobile Dacia, with RON 115.8 million.

Digi Communications to continue its local market growth, expands abroad

Digi Communications (RCS&RDS) has continued to grow in 2018 both locally and on foreign markets where it operates, according to CEO Serghei Bulgac. He said that the two billio...

Building for the future, now

The decision to buy a house is one we probably make once or twice in our lifetime. Therefor we want this decision to be the right one. A house should last the passing of time,...

certSIGN leases 2,300 sqm in AFI Tech Park 1 office building

The Romanian IT company certSIGN has leased 2,300 sqm in AFI Tech Park 1 office building, which now reached a 60 per cent occupancy rate.




More on