Tehnoton goes to extremes

The second-largest cooker maker in Romania, Tehnoton Iasi is charging the northern and southern extremes. It is set to open a showroom in Moscow and then move on with a new showroom in the Scandinavian Peninsula and South Africa. “Besides the showroom in Moscow, which will display our deluxe product range, we will open showrooms in Oslo, Norway and in South Africa next year, in an attempt to enter as many markets as possible. We will even carry out productive operations in South Africa, considering this is an almost virgin market with a high potential, much like the Romanian market in 1990,” Maricel Popa, chairman of the Omega-Tehnoton Group said. He added the Iasi-based group would make more than $20 million turnover this year, that is twice last year’s turnover. Half of this amount will be derived from Tehnoton, a company that also makes industrial electronics and winding. “Tehnoton posted nearly $9 million turnover in the first nine months this year, with home appliances accounting for more than 40% of this amount and industrial electronics for more than 30%,” Maricel Popa said. ZF