Last update: 26.11.2024 18:23 (GMT+2)

RRR: JSC “VEF RADIOTEHNIKA RRR” TO EXPORT TO THE UK

20.04.2005, VEF Radiotehnika RRR, RIG
Riga Stock Exchange                                                   20.04.2005

JSC “VEF Radiotehnika RRR” to export to the UK
Unofficial translation of RSE

In March JSC “VEF Radiotehnika RRR” accomplished a market research in the UK, with
the purpose to launch the acoustic system “Sakta” in the market. To promote the
product, the company is planning a marketing campaign, as well as participation in
exhibitions. The UK is a large market with tough competition. “VEF Radiotehnika RRR”
intends to start the export in the middle of the year. The product in question, acoustic
system “Sakta”, has been appreciated by the industry representatives and dealers in the
UK. The competitive advantage is the price/quality balance – equal products of the UK
make are said to be two to three times more expensive. Right now JSC “VEF Radiotehnika
RRR” is not yet able to assess the market shares and sales volumes in the UK.


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