JSC “ELKO Group” – IT component and solution distributor before the predicted term has already reached 1 billion dollar turnover.

At first company forecast for the turnover of Y2007 was 968 million dollars, reaching 1 billion rate for a year in 2008. Although thanks to JSC “ELKO Group” successful team work oriented to the results, as well as due to external factors – rapid IT market growth, general market growth and favorable changes in distribution channels in the second part of the year in Baltics, CIS and Central European countries, planned turnover growth has already been achieved by now.

“This major attainment is like a symbolic border-post for us, which stimulates us advancing further and  achieving new ambitious targets. We are intended to do all possible to strengthen our positions”, says CEO Janis Abasins.

JSC “ELKO Group” was established in 1993. Company business field is distribution of computer components and electronic goods in 9 countries – Baltics, Central Europe and CIS. Company represents approximately 80 various vendors and distributes these products to more than 5500 retailers, local computer producers and system integrators. JSC “ELKO Group” offers more than 7 000 product items from world-leading  vendors – “Acer”, “Intel”, “Seagate”, “Samsung”, “Sony”, and “Western Digital”. Now in JSC “ELKO Group” 480 people are employed; company is owned by several private persons, “East Capital” and “Amber Trust” investment funds.