News:Argos:Turnover of Elko grupa increased by 49 pct in HI 2008

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As reported, the turnover of Elko grupa last year totaled LVL 525 million, which is LVL 168.4 million more than in 2006. Profit of the company last year amounted to LVL 16.4 million.

Elko grupa has branches in 14 cities, in nine countries: Latvia, Lithuania and Estonia, Russia, Ukraine, Romania, Hungary, Croatia and Romania. It is one of the largest distributors of "Sony" and "Intel" products in the Europe-Middle East-Africa region.

This year the enterprise plans to increase its turnover by 30-35%.

Elko grupa is owned by Latvian and foreign companies, as well as private individuals in Latvia.

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