Corporate news
The ELKO Group, one of the leading wholesalers of IT products and components in Eastern Europe and Latvia's largest enterprise has become official distributor for LG Electronics monitors and optical equipment in Latvia and the Baltics. In order to provide our customers with an even wider product portfolio and all the benefits offered by the status of an official representative, ELKO Group has signed a distribution agreement with LG Electronics - one of the leading electronics manufacturers in the Baltics and the world.
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ELKO Grupa JSC, a leading wholesaler of IT products and components in Eastern Europe and the biggest enterprise in Latvia, has now partnered with the company Palit. Palit is a leading manufacturer of video adapters.
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This autumn, from September 14th to 17th, ELKO Grupa JSC, one of the leading distributors of IT components and solutions in Eastern Europe, assembled together in one place, representing globally leading information technology (IT) manufacturers, developers and distributors in the resort town of Alushta, in the Crimea. This year, during the IT Business Convention organized by the ELKO Group, important anniversaries were celebrated: 15 years of the ELKO Group and 10 years of the ELKO Group subsidiary company in Ukraine.
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ELKO Grupa JSC, one of the leading IT product wholesalers in Eastern Europe, has become the first official distributor of “Telsey”, globally leading designer and manufacturer of network solutions in Latvia and the Baltics.
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On 19, 20 and 21 of August, the MSI Notebook Launch Event took place in Lithuania, Latvia and Estonia. During this event, MSI introduced its complete notebook line-up to the dealers and media. The event was organized in cooperation with ELKO, MSI’s official notebook distributor in the Baltics.
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One of the leading IT product wholesalers in Eastern Europe and the largest company in Latvia ELKO Grupa JSC worked with a turnover of 555,6 million US dollars in the first half of 2008, which is a 49% increase over the corresponding period in 2007. Furthermore, in the first half of the year ELKO Grupa JSC generated a profit after taxes of 14,8 million US dollars, which is a 136% increase compared to the first half year of 2007. The profitability ratio of the company in the first six months of 2008 was 2,6%.
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Starting this year, ELKO Grupa JSC, one of the leading IT product wholesalers in Eastern Europe has become the first local wholesaler of „TomTom” navigation devices for the Baltic States market. Collaboration has begun in the second quarter of this year.
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ELKO Group JSC, one of the leading IT product wholesalers in Eastern Europe has signed an agreement with Micro-Star International, thus becoming an official distributor of this manufacturer in the Baltic market. Computer manufacturer Micro-Star International is more commonly known in the world and in the Baltics under MSI brand.
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