Technomarket Explained

Technomarket (Bulgarian: Техномаркет) is a Bulgarian retailer of consumer electronics[1] that operates stores in Bulgaria, Kosovo, North Macedonia, Bosnia and Herzegovina, Slovakia, Montenegro and Romania.[2] It also used to operate in Croatia and Serbia, but failed.

Technomarket is the brand name of K&K Electronics, a Bulgarian company founded in 1992. K&K Electronics is owned by the London Stock Exchange-listed British Virgin Islands-based[3] company Equest Investments Balkans Limited.[4] The first Technomarket store opened in 1999. In 2007, K&K Electronics acquired the Romanian chain DOMO, which by the time had entered the Bulgarian market,[1] and established the TechnomarketDomo Group. DOMO operates as a separate brand name in Romania and Bulgaria; in Bulgaria, that chain typically has smaller and more centrally located stores than Technomarket.[5]

As of late 2009, Technomarket operates 42 stores in Bulgaria, nine in North Macedonia, 14 in Bosnia and Herzegovina, two in Slovakia, seven in Kosovo, and 13 in Montenegro. In Romania, K&K Electronics has 126 stores, all operating under the DOMO brand.

Stores

These were the stores of Technomarket as of February 2018:

Country Stores
Bulgaria 45
Bosnia and Herzegovina 14
Montenegro 13
North Macedonia 21
Kosovo 7

Notes and References

  1. News: "Техномаркет" влиза на пазара в Словения. Маркова. Зорница. 2008-10-22. Дневник. Bulgarian. 2009-11-09.
  2. Web site: Technmarket.bg. Technmarket.bg. 2009-11-09.
  3. Web site: EQUEST INVESTMENTS BALKANS LD ORD NPV. London Stock Exchange. 2009-11-09. dead. https://web.archive.org/web/20091107015431/http://www.londonstockexchange.com/exchange/prices-and-news/stocks/summary/company-summary.html?fourWayKey=VGG308591053IEGBXAIMI. 2009-11-07.
  4. Web site: Portfolio: TechnomarketDomo Group . Equest Investments Balkans. 2009-11-09.
  5. News: Двойна техно атака. Крумов. Александър. 2008-04-25. Капитал. Bulgarian. 2009-11-09.