LG opens branch in Romania

South-Korean electronics company LG has opened LG Electronics Romania early this year. The company previously sold its products in Romania through Romanel. LG Electronics Romania aims to double the sales of the South Korean group’s products to more than $30 million this year. “We made this decision as the Romanian electronics and household appliances market has matured and because demand surged last year, due to soaring consumer lending,” said Han Khyu, general manager, LG Electronics Romania. ZF