ELKO Group becomes an official partner of Advantech in the Baltic States and Russia

This autumn JSC ELKO Group has become the only and official partner of Advantech company in the Baltic States as well as the official partner in Russia, providing full assortment of this producer’s products. Thereby, in the future clients in the Baltic States and Russia will be able to purchase worldwide known and acknowledged products and solutions.

Advantech is a leader of its market segment with wide range of products in a range of technology solutions and systems which are provided in companies of almost all kind of sectors: telecommunications, transporting, manufacturing, medicine etc. Manufacturer provides clients with different technological solutions as well as already set and tested IT systems that fit for widest range of software. These are the main factors that make the brand of Advantech friendly and appropriate for different kinds of client segments.

Ilgonis Inspeters, ELKO Grupa AS distribution director: “I consider our new cooperation a benefit both for “ELKO Group” and clients in the Baltic States and Russia, since we are looking very optimistic to these cooperation perspectives in the future. While optimatization and automatization in various processes in the whole world is a first priority, demand for technological solutions mentioned in the market is increasing.

In the Baltic States there is still a great opportunity and unused potential in this field – grow up with and use efficiently solution options of the world manufacturing leaders in fields of government as well as private sector, in such a way cutting down the expenses and improving your effectiveness.”

About Advantech

Advantech was found in 1983 and now is the leader of providing ePlatform products and services. Advantech offers its clients integration of all-inclusive systems, computer engineering, software, client-orientated design services and logistic support worldwide. Advantech has a close corporation with partners in order to help providing perfect solutions in different kinds of manufacturing sectors.

About ELKO Group

ELKO Group was founded in 1993. It is Latvia's biggest enterprise and since 2007 has operated with an annual turnover of greater than one billion USD. The main operational direction of the enterprise is the wholesale of computer engineering and electronic goods in the Baltic States, Central and Eastern Europe and CIS countries.

The enterprise represents more than 80 producers and sells their goods to approximately 6300 retailers, local providers of computer engineering solutions and system integrators. ELKO Group offers more than 9000 product names from the world's most famous suppliers – Acer, Intel, Seagate, Samsung, Sony, TomTom, Western Digital and others. Currently, there are more than 340 people employed in the enterprise. ELKO Group is owned by several legal persons, as well as by Amber Trust investment fund and investment funds related to East Capital Asset Management.

Further information:

Kristine Saulriete

ELKO Grupa AS

Director of Marketing and Communications

Telephone: + 371 6709 3214

Fax: + 371 6709 3299

E-mail: kristine_saulriete@elkogroup.com

http://www.elkogroup.com