Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Gorenje Set to Expand to New Markets
Nov 9, 2005
 Printable format
 Email this Article
 Search

Slovenia-based appliance maker Gorenje is set to expand to several new markets within the next 2 years, according to Finance, a business newspaper.

By the beginning of 2006, Gorenje will establish dealerships in Dubai and Lithuania. By the Fall of 2006, Gorenje will also launch a new production facility in Valjevo, Serbia-Montenegro. In addition, Gorenje CEO Franjo Bobinac said the company will also expand to Russia in 2007.

According to Bobinac, Gorenje has already opened offices in Latvia and Estonia, while the factory in Russia is to be built in cooperation with a foreign partner who would provide the location.

Bobinac expects that the Dubai office, which will cover the Middle East, will generate sales of U.S. $20 million per year, while the company will also open an outlet in Baghdad.

Gorenje increased sales 14.8 percent 739.5 million euros (approx. $870.7 million) in the first 9 months of 2005. Almost half of the increase is attributed to Gorenje's recent acquisition, the Czech company Mora Moravia. (Slovenia Business Week)

Back to Daily News

 

Daily News

...........................................................

Apr 24, 2014: BSH Annual Revenue Tops EUR 10 Billion for First Time

Apr 24, 2014: New Home Sales Show Sharp March Drop

Apr 24, 2014: Ingersoll Rand HVAC Segment Reports Strong 1Q

Apr 24, 2014: ASHRAE 2014 Annual Conference Announced For Seattle

Apr 23, 2014: Bosch Home Appliances Garners EPA Energy Star Partner of the Year - Sustained Excellence Award

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows