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ELKO Group Becomes Official Wholesale Distributor of „TomTom” Navigation Devices in Baltic States
Emitents ELKO Grupa AS (549300TNFQRZUIMUKG02)
Veids Būtiski notikumi
Valoda EN
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Datums 2008-06-26 09:50:33
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Starting this year, ELKO Group JSC, one of the leading IT product wholesalers in Eastern Europe has become the first local wholesaler of „TomTom” navigation devices for the Baltic States market. Collaboration has begun in the second quarter of this year.
 
Earlier, „TomTom” products were only supplied to the Latvian market by a foreign wholesaler’s branch office. From now on, ELKO Group also offers „TomTom” products in Latvia and the Baltic States. With ELKO Group joining the official distribution network of the German office of „TomTom”, Latvian vendors will have access to an even broader range of these products.
 
In early May, „TomTom” came forth with two new product lines: „TomTom One” and „TomTom XL”. The products have been completely redone and adapted to the latest requirements. The new product range is characterised by a compact design and the new, easy-to-fold „EasyPort™” system. At this point, ELKO Group is offering Latvian IT product retailers the classical range of „TomTom” products, and very soon, ELKO Group will start to offer the latest “TomTom” product lines.
 
„TomTom” is a world-leading developer and manufacturer of navigation systems, with a 50% market share in Europe and a 25% market share in the U.S. The company’s products are based on navigation solution offerings using satellite navigation, or GPS.
 
ELKO Group JSC was founded in 1993. ELKO Group JSC is the largest company in Latvia, reaching a turnover of over one billion U.S. dollars last year. The main aspect of the company’s business is wholesale of computer equipment and electronics in the Baltic States, Central Europe and the CIS. The company represents around 70 manufacturers and sells their products to more than 6 300 retailers, local computer manufacturers and systems integrators. ELKO Group offers over 7,000 products made by the world’s best-known suppliers: „Acer”, „Intel”, „Seagate”, „Samsung”, „Sony” and „Western Digital”. At the moment, ELKO Group employs a total of 330 people. The company belongs to several private persons, alongside with investment funds „East Capital” and „Amber Trust”.
You can learn more about the company by visiting www.elkogroup.com
 

JSC ELKO Grupa

 

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