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ELKO becomes the first official distributor of realme smartphones in the Nordics and Baltics

Distributor-of-realme-smartphones_title-image-2
ELKO Grupa AS and its daughter company Gandalf Distribution AB become the first to distribute and introduce the Baltic and Nordic markets to the world's fastest-growing smartphone brand – realme.
Established in mid-2018, the realme brand shook up the market thanks to the specifications and pricing strategy of its product. realme has quickly emerged as the world's fastest-growing smartphone brand, taking a confident place among other mainstream brands.

According to Counterpoint statistics of global smartphone shipments in Q1 of 2020 emerging smartphone brand realme ranks 7th, but comes in 1st with a year-over-year growth rate of 157%.

After successes in Asia, realme now looks to Europe, and a year ago, in June 2019, realme officially announced its entrance onto the European market. With great results in countries like Spain, realme has already entered into the UK, Italy, France, Germany, Poland and many other markets in Europe. With ELKO as a key partner, the next countries are Sweden, Norway, Denmark, Finland, Iceland, Estonia, Latvia and Lithuania.
The product has already proven itself on the Asian market
“We aim to bring new technologies to the market - this is how we as a distributor extend our customers’ business opportunities, as one of their main daily challenges is to expand assortments and discover new brands with high potential. This first-hand opportunity for realme distribution is a great commitment to it. The product has already proven itself on the Asian market and is ready to fulfil Europeans’ needs for a high technology smartphone with the best price and performance,” Baiba Indane, Head of Branded Unit at ELKO Group.
Named both the trendy design and strong performance, realme has been created for young consumers. realme offers consumers products with trendsetting technologies, features and a user experience unparalleled for this price category.

As a start, the product range for the Nordics and Baltics will include the following models: realme 6; realme 6 Pro; realme X3, realme X50 Pro, and realme X50, with the potential to extend the assortment with other realme ecosystem products such as smartwatches, headsets and TVs. The first deliveries are planned for the beginning of September.
realme-logo_ELKO-news
realme is the technology brand specialized in providing superior quality and trendy smartphones and IoT products with the best design and performance. realme ranks the 7th smartphone brand in the world and has officially ranked among the mainstream smartphone brands according to the statistics of global smartphone shipments in Q3 2019. In 2019, realme’s global smartphone shipments reached 25 million with a year-over-year rate growth rate of 808%, which ranks the 1st among the smartphone brands, making realme the fastest-growing smartphone brand in the world. Since its launch in the Asian market, realme products have been very well received in the Asian market for their performance and style, with the milestone of 1 million mobile phone sales in 3 days in India alone. realme is now one of the Top 4 best-selling brands in India and Top 5 in Indonesia. Based on the statistics in November 2019, realme had become the top 5 smartphone brand in Spain.

The company currently operates in 27 markets worldwide.
www.realme.com
ELKO Group is one of the largest distributors of IT products and solutions. As a representative of more than 400 IT manufacturers, ELKO offers a wide range of various products and services to more than 10,000 retailers, local computer manufacturers, system integrators and various other companies from 31 countries in Europe and Central Asia. In 2019, its turnover reached USD 1,883 million.
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