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Annual Report Gorenje Group 2009

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Sales of household appliances in Eastern-European markets (in pieces)<br />

Industry<br />

<strong>Gorenje</strong> <strong>Group</strong><br />

Market share of the<br />

<strong>Gorenje</strong> <strong>Group</strong><br />

<strong>2009</strong> 2008 <strong>2009</strong> 2008 <strong>2009</strong> 2008<br />

Bulgaria 333,626 476,788 47,082 78,209 14.11 % 16.40 %<br />

Croatia 356,513 457,992 155,252 201,123 43.55 % 43.91 %<br />

Czech Republic 1,235,324 1,408,383 282,080 288,300 22.83 % 20.47 %<br />

Hungary 725,863 929,762 99,115 98,903 13.65 % 10.64 %<br />

Poland 2,971,135 3,267,199 141,160 142,707 4.75 % 4.37 %<br />

Romania 640,081 1,152,684 35,437 87,889 5.54 % 7.62 %<br />

Russia 4,231,049 6,149,790 271,477 405,274 6.42 % 6.59 %<br />

Slovakia 408,980 548,272 93,211 139,745 22.79 % 25.49 %<br />

Slovenia 254,756 281,000 121,780 137,825 47.80 % 49.05 %<br />

Ukraine 881,678 1,486,397 146,639 225,994 16.63 % 15.20 %<br />

TOTAL 12,039,005 16,158,267 1,393,233 1,805,969 11.57 % 11.18 %<br />

Source: CECED; accessible at http://www.ceced.org/<br />

Rest of the World<br />

The third group of markets of the <strong>Gorenje</strong> <strong>Group</strong> represents the rest of the world, and includes the<br />

markets of the Near and Far East, as well as all other continents. Entry into these markets is more<br />

difficult due to the specific legislation of the area and the need for adapting appliances.<br />

Owing to their large size and distant location, different sales approaches are employed in these<br />

markets. In <strong>2009</strong>, we expanded our business activities in the Near East (United Arab Emirates, Oman<br />

and Qatar). Activities are also under way in Iran, where contacts were established with two distributors.<br />

The area of the Far East comprises the markets of China, Hong Kong, Taiwan, and Thailand. Sales on<br />

these markets are being initiated through our representative office in China. The first orders were<br />

received in <strong>2009</strong>, but real growth is expected in 2010, when the Company will give several<br />

presentations of its products in the area.<br />

Sales activities in overseas markets are being renewed. In <strong>2009</strong>, the Company ceased to cooperate<br />

with a long-time distributor of our products in Australia. We have, however, already established<br />

contacts with new potential partners, who will enable the sale of our products in leading Australian<br />

retail chains. A new distributor has also been acquired in New Zealand.<br />

63<br />

<strong>Annual</strong> <strong>Report</strong> <strong>Gorenje</strong> <strong>Group</strong> <strong>2009</strong>

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