Samsung doubles sales

Samsung Electronics last year doubled sales of household appliances on the Romanian market, up to 50 million dollars. According to Samsung Electronics officials, sales more than doubled in 2003 compared with 2002, which propelled the company to the top spot on the market of air conditioned appliances and among the top three producers of microwave ovens and vacuum cleaners, according to company officials. Geno Electric, the importer and distributor of Samsung electronic and household devices for the Romanian market estimated $25m turnover for last year, whereas the total sales of Samsung Electronics in Romania had been estimated at $50 million. ZF