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Philips Romania SRL (Romania)

Main Activities: Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers
Full name: Philips Romania SRL Profile Updated: August 31, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2021 Available in: English Download a sample report

Philips Romania is the third most important player in Romanian consumer appliances with 8% volume share in 2013, down from 10% in 2009. the company has 12% of small appliances, recording decline over the last four years due to strengthening competition from cheaper brands. Philips started its activity in Romania in 1925. Two years later, the company opened its first factory in Bucharest, the old Electronica factory specialising in radio equipment. After work was abandoned in the local market due to World War II, Philips returned to Romanian market in 1992. Philips Romania was founded in 1992, and is part of the Philips Group.

Headquarters
Soseaua Pipera Nr. 46D-46E-48
Bucharest; Bucharest;

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
July 28, 1992
Key Executives
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Administrator
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Administrator
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Administrator
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Administrator
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Ownership Details
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100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net sales revenue
-2.73%
Net Profit (Loss) for the Period
39.72%
Total assets
-0.67%
Total equity
15.7%
Net Profit Margin
0.78%
Return on Equity (ROE)
2.34%
Quick Ratio
0.52%
Cash Ratio
0.02%

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