One of the leading wholesalers of IT products and components in Eastern Europe, the largest Latvian company, ELKO Grupa JSC (ELKO Group), has become the official distributor of portable computers for Lenovo, the personal computer manufacturer, in the Ukraine.

In order to offer a wider range of products and more competitive prices for customers, which can be provided with the status of the official distributor of products, Lenovo, a new supplier of portable computers, has joined the long list of co-operation partners of ELKO Group, offering high quality portable computers at prices accessible to customers.

“ELKO Group is a world famous distributor of IT products with a good reputation and wide experience in the portable computers segment. We have reason to believe that the close co-operation between the ELKO Group and Lenovo companies, as well as the endeavours of our business partners, will facilitate the development of our joint business in the Ukrainian market. This will also promote the rapid growth of the IT industry in the Ukraine, which will certainly be a valuable benefit to all of us!” said Weijian Zhou, the Head of Lenovo in the Ukraine.

Commenting on the distribution contract signed, Ilgonis Inspēters, the Distribution Director of the ELKO Group company, stressed: “With the acquirement of the IBM personal computers business the Lenovo company has become as the third largest supplier of personal computers in the world, and is continuing its best traditions. ELKO Group appreciates the leadership capabilities of its new partner in combination with the best business practice. In today’s market such a brand has good opportunities for development. We assess Lenovo’s products as high quality goods at prices that are acceptable for the Ukraine”.

Lenovo is dedicated to building exceptionally engineered personal computers. Lenovo’s business model is built on innovation, operational efficiency and customer satisfaction as well as a focus on investment in emerging markets. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services worldwide. Lenovo has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. For more information see www.lenovo.com.

 

ELKO Group was founded in 1993. It is Latvia's biggest enterprise and since 2007 has operated with an annual turnover of greater than one billion USD. The main operational direction of the enterprise is the wholesale of computer engineering and electronic goods in the Baltic States, Central and Eastern Europe and CIS countries.

The enterprise represents more than 80 producers and sells their goods to approximately 6300 retailers, local providers of computer engineering solutions and system integrators. ELKO Group offers more than 9000 product names from the world's most famous suppliers – Acer, Intel, Seagate, Samsung, Sony, TomTom, Western Digital and others. Currently, there are more than 340 people employed in the enterprise. ELKO Group is owned by several private persons, as well as by IT Investīcijas JSC, Amber Trust investment fund and investment funds related to East Capital Asset Management.

 

Further information:

Kristine Saulriete

ELKO Grupa JSC

Director of Marketing and Communications

Telephone: + 371 6709 3214

Fax: + 371 6709 3299

E-mail: kristine_saulriete@elkogroup.com