FLANCO RETAIL SA

Competition Council starts investigation into suspicion of price rigging by Samsung

The Competition Council (CC) has launched an investigation into the Romanian electronics and IT&C market, suspecting that Samsung has agreed with a number of retailers, such as Altex, Flanco and eMag, on selling prices of its products, according to a press release of the competition institution, sent on Monday to AGERPRES.

Romania's home appliances retailers' turnover could pass 2-billion-euro mark in 2018 (analysis)

The turnover of Romania's home appliances retailers could pass the 2 billion-euro mark this year, amid the increased appetite of the Romanians for Black Friday and Christmas shopping seasons, according to a KeysFin analysis released on Friday.