ELKO Group continue business expansion and add Czech Republic as its 10th country. ELKO Group issue bonds and sign new financing facility agreement with its long-term financial partners Nordea Bank, SEB Bank and Swedbank receiving additional funds fo r development. Distribution contracts are concluded with: AEE, AIINO, ASUSTOR, GETAC, HUAWEI, LANNER, MAZI, NETIS SYSTEMS, SCREENMEDIA, SILENT CIRCLE, SOLIDFIRE and UBIQUITI. ELKO Group acquires business of DL Distributors in Estonia and obtain distribution rights to DELL products in Baltics. ELKO Group receive WD “Strategic Partner of the Year” award for 20 Years of Cooperation and HGST award for “A Great Partnership” in recognition of 10th business anniversary, as well as AXIS “The biggest Growth in CEE Turnover Award 2015” and Toshiba “Award Of Appreciation For Business Commitment And Dedication 2015”. Project “Power User Club” wins ELKO Group “Outstanding Employers DNA 2015” award. ELKO Russia celebrate 20th anniversary and WESTech Slovakia celebrate 15th anniversary. ELKO Estonia office grow and move to new premises and ELKO Romania to new and bigger warehouse.
ELKO Group expand cooperation with IBM Global Finance and Deutsche Bank. Distribution contracts are concluded with AEG POWER SOLUTIONS, ADAPTEC, DAHUA, DOT HILL, OPZOON, SANDISK, SILICON POWER, SUNELLA, TE CONNECTIVITY. ADVANTECH name ELKO Group as the Partner for WebAccess+ loT Solution Alliance in recognition of Support as Advantech WebAccess Customer. ELKO Group receive award “The Most Active Distributor” from AXIS in recognition of outstanding performance of the year and recognition from ASUS for a successful and fruitful cooperation in 2014. ELKO Moscow and ELKO St. Petersburg integrate in one office (ELKO Russia). ELKO Eesti and ELKO Kaunas offices celebrate 20th anniversary, while ELKOTech Romania, ELKOTex Slovenia and ELKO Russia (St.Petersburg) celebrate 15th anniversary. ELKO Romania, ELKO Kaunas and ELKO Russia (St.Petersburg) offices grow and move to new premises. New warehouses opened in Moscow and St.Petersburg, Russia and Bucharest, Romania.
ELKO Group celebrates its 20th anniversary in traditional ELKO Convention. ELKO continues conquering CIS market and opens subsidiary company in Kazakhstan (Almaty). In further diversification of its funding base, ELKO Group starts cooperation with Ma cquarie Bank. Trade credit insurance company Atradius is involved to share credit risk in selected markets. Distribution contracts are concluded with SYNOLOGY and TRANSCEND. ELKO Group becomes the official distributor of Lenovo smart phones and tablet PCs in Russia, Ukraine and Kazakhstan. ELKO opens ADVANTECH Service Centre in Russia and receives the certificate of ADVANTECH Authorized Repair Partner. ELKO receives the Certificate of Excellence award from SUPERMICRO, Longest Partnership in the EAST region award from WD and award from ASUS for successful cooperation and mutual business growth in the Baltic countries. ELKO Group also receive recognition from Sapphire Technology Ltd for continued support and is recognized as “MSI Valued Partner 2013”.
ELKO Group takes over the business operations in Romania and has become sole shareholder of ELKOTech Romania. In further diversification of its funding base, ELKO Group starts cooperation with Deutsche Bank. Distribution contracts are concluded with DELL, INFORTREND, MICRON TECHNOLOGY (LEXAR and CRUCIAL brands), MOXA, NETAPP. ELKO receives the Fastest Growing Partner award from SUPERMICRO, while LENOVO awards ELKO the RUCIS Partner of the Year award. ELKO Moscow and ELKO Kiev offices grow and move to new premises.
Scandinavian banking groups SEB and Nordea form a banking syndicate to become the main financiers of ELKO Group operations. Distribution contracts are concluded with HIKVISION, TRENDNET, TP LINK, QNAP, QLOGIC. ELKO Group named as the best distributor for PC assemblers according to IT business portal CRN/RE in Russia. SEAGATE award received announcing ELKO as the Distribution of the Year in Emerging Markets. ELKO Group receives also recognition from ASUS for a successful cooperation in the Baltic market. ELKO Group, already the 3rd time in a row (!), earns the Russia and CIS Distributor of the Year award during annual DISTREE XXL conference in Monaco. According to Coface research, ELKO listed as Nr.1 among IT wholesalers in Latvia in terms of creditworthiness. ELKO Group headquarters (HQ) grow and move to new premises.
In order to diversify funding base and secure funds closer to its main markets ELKO Group enters into partnership with Promsvyazbank. Distribution contracts are concluded with ADVANTECH, MUSTEK. ELKO Group, the 2nd time in a row, is named as the best distributor in Russia & CIS territory during annual DISTREE XXL conference in Monaco. Award from WD received announcing ELKO as the best WD distributor in Eastern Europe. ELKO Moscow office celebrates its 15th anniversary, while WESTEch Slovakia celebrates its 10th anniversary.
Distribution contracts are concluded with COMPUCASE, IN WIN, KINGSTON, LENOVO, TECNOWARE. According to research done by Deloitte, ELKO listed among the largest 500 companies in Central Europe. ELKO is named as the best distributor in Russia & CIS ter ritory during annual DISTREE XXL conference in Monaco. ELKO Kaunas and ELKO Eesti offices celebrate their 15th anniversary, while ELKO SPb, ELKO Romania and ELKOTex Slovenia celebrate their 10th anniversary.
Investors appreciate ELKO Group's high profile as it taps the public debt markets successfully via listing bonds on Riga Stock Exchange, receiving additional funds for development. By taking over the operations of ELKO Kaunas, ELKO Group business con solidation in the Baltic market has been finished and further on all Baltic operations are concentrated in Latvia. Distribution contracts are concluded with AMD, LG, PALIT, XILENCE. MSI presents the award to ELKO as Outstanding Partnership of the Year in Russia. ELKO Group celebrates its 15th anniversary in traditional ELKO Convention. ELKO Latvia and ELKO Lithuania offices grow and move to new premises, also Baltic warehouse has been moved to new premises.
ELKO Group becomes the first Latvian company to reach 1 billion-USD turnover. Distribution contracts are concluded with ASUS, JNC, MILESTONE, NVIDIA, OCZ, TOMTOM, ZOTAC. ELKO becomes the largest INTEL distributor in Russia. In recognition of outstand ing commitment, Partners in Innovation award received from HITACHI. Samsung announces ELKO as Best ODD Partner in deep appreciation of excellent cooperation in Optical Disc Drive business. According to Latvian business portal Bizness.lv research, ELKO becomes Nr. 1 company and Nr. 1 wholesaler in Latvia. ELKO hits Nr. 1 position also in the TOP prepared by Latvian business newspaper Dienas bizness becoming largest IT wholesaler on a net turnover in Latvia. Whereas another TOP prepared by Latvian business magazine Kapitals recognizes ELKO as the IT industry leader by the business value in Latvia.
In order to consolidate business in the Baltic market, ELKO Group takes over the operations of ELKO Latvia and ELKO Eesti, also both warehouses has been merged. ELKO Group capitalizes on its corporate profile through attracting Euler Hermes and DnB N ord bank to significantly expand bank financing for the rapidly growing Group's operations. Distribution contracts are concluded with ASROCK, LSI, NIKON. Award received from SAPPHIRE honoring ELKO for the Dedication and Excellence in sales of SAPPHIRE products.
ELKO Group becomes the largest company in Latvia (by turnover). Private equity firms Amber Trust and East Capital acquire 25.5% stake in ELKO Group. Distribution contracts are concluded with HITACHI, SAPPHIRE. Award received from MSI in honor of outs tanding partnership. ATI awarded ELKO as Best Distributor. Received award from SAPPHIRE also express an appreciation of successful business relationship and the continuing support. Several INTEL awards received as well: for Highest INTEL Server Platform Attach Rate in Central Eastern European Region, for Greatest volume growth of INTEL Centrino Mobile Technology next generation platform and for highest INTEL Pentium 4 Processor 600 sequence mix in Russia/ CIS Region. ELKO Moscow office celebrates its 10th anniversary, while WESTEch Slovakia celebrates its 5th anniversary.
Distribution contracts are concluded with AOC, D-LINK, MSI and SUPERMICRO. ATI recognizes ELKO as strategic partner for Eastern Europe. Award received from LOGITECH recognizing ELKO as Distributor of the Year in the Baltic region. ELKO Eesti and ELKO Kaunas offices celebrate their 10th anniversary, while ELKO SPb, ELKO Romania offices and ELKOTex Slovenia celebrate their 5th anniversary. A new modern warehouse opened in Moscow, Russia.
ELKO Group celebrates its 10th anniversary. A distribution contract is concluded with EDIMAX. SEAGATE recognizes ELKO as an important part of its Global Distribution Network, while FUJITSU express their special appreciation for ELKO Superior Performa nce as Distributor of FUJITSU Storage Products. ELKO Kiev office celebrates its 5th anniversary. ELKO SPb office and ELKOTex Slovenia grow and move to new premises.
ELKO recognized as AXIS Premium Distributor. The 1st global partnership event ELKO Convention takes place in Riga, which brings together the world's leading manufacturers, the media and the company's management. The event becomes a tradition and is h eld every two years. Group's financial statements are being audited by PWC (PricewaterhouseCoopers ) for the first time, starting cooperation with BIG 4, continued to today.
Distribution contracts are concluded with APC, AXIS and GIGABYTE. ELKO Kaunas office grows and moves to new premises.
ELKO continues conquering the European market and opens subsidiary company in Slovakia (Bratislava) – WESTech Slovakia. Holding company AS ELKO Grupa (ELKO Group) is created in order to reorganize the Group's structure and improve corporate governanc e. In order to facilitate further company's development in Latvia, ELKO Latvia Ltd. is founded. Having fixed leadership in computer components, ELKO enters the notebook market by concluding contract with ACER. A distribution contract is concluded with OKI. At EMEA Channel Executive Conference 2001 in Vienna, distributor award received from Intel for highest revenue growth in Emerging Markets for Server product sales. ELKO Eesti office grows and moves its office and warehouse to new premises.
ELKO expands in Europe and opens subsidiary companies in Romania (Bucharest) – ELKOTech Romania, and Slovenia (Ljubljana) – ELKOTex Slovenia. Further expansion takes place also in Russia, with the foundation of a new subsidiary in St. Petersburg - EL KO SPb. A distribution contracts are concluded with LOGITECH and LITE ON. ELKO Eesti and ELKO Kaunas offices celebrate their 5th anniversary.
A distribution contract is concluded with MICROSOFT. INTEL gives award to ELKO for fastest start and outstanding performance emerging markets and recognizes ELKO as the most dynamic INTEL Distibutor in the FSU Region.
ELKO expands in Baltics and opens subsidiary companies in Lithuania (ELKO Kaunas) and in Estonia (ELKO Eesti). First distribution contracts are concluded with such giants of IT industry as SEAGATE, WESTERN DIGITAL and SAMSUNG.
© ELKO 2017