MetalTech Co.
| About us | Metaltech was founded in May 1990, with courageous goals for that time: become the main electronics trading company in Europe. Its only activity was electronics commerce. Every year, at least one more company added to the partnership list. Gradually, as the costumer's needs became more and more diverse, the company's resources adapted to these conditions. Thus, more activities were adopted: In August 1995, the company fused with 'Brown Union Romania' (one of the top computer and electronics trading companies) leading to a sales increase of 15% in the following year. - In August 1997, 'Leo Burnett' (the leading advertising company on the market) proclaimed Metaltech as 'the most - In 1998, Metaltech's selling reached $1 million. - In February 1999, Metaltech was proclaimed as 'the most popular company' in the year 1998 (among the other 123 participants) by the National Agency for Future Commerce (NAFC). - In 1999 Metaltech was proclaimed as 'the closest to the costumer company' by the National Costumer Association (NCA); this is due to the costumer department which did a great job in communicating, and solving problems (few as they were). - In 2000 Metaltech's sellings went well over $2.5 million nationally, and $500,000 internationally. - In March 2001, Metaltech signed a 35 year contract (with the possibility of extension) with Sony for the supplying of electronics. By the same year, Metaltech had already signed similar contracts with the following: 3Com, Adaptec, Canon, Compaq, Creative, CTX, Daewoo Electronics, Dell, DFI, Ednet, Epson, Erickson, Fujitsu, Genius, Hansol, Hewlett Packard, IBM, Iomega, Kensington, KTC, Lexmark, LG, Logitech, Maxell, Maxtor, Metrologic, Microsoft, Nexans, Nokia, Optoma, Palm, Panasonic, Pinnacle Systems, PlayStation, PQI, Relisys, Siemens, SMC, Solar, Teac, Tripp- Lite, Trust, U.S. Robotics, Vivanco, Waitec, Yamaha Electronics. And the list goes on. - Currently, the sellings go slightly over $5 million (out if which, over $1.7 million are international sales.) - In 2002 Metaltech inaugurated it's 35th national filial (also by that time, there were 3 Eastern Europe countries that Metaltech had penetrated; and since then it has been pervading all over Europe, Africa, and Asia. America is next.) This company is one of the most reliable members of the National Agency for Future Commerce (NAFC), being the company with the most foreign partners, in Romania. Metaltech's profile is the following: Address: 60 Calea lui Traian Street; Phone/ Fax:+40723083605 Capital: Metaltech's total patrimonial capital rises to $6.3 million. Judicial form: S.C. Metaltech S.A is, according to Romania's laws and directives (and the High Court of Justice's Decision. number 8683/1990) a private capital, share based company, which has the right to develop activities nationally, internationally, and in all free regions, both in Lei (Romania's national currency), and in foreign currency (the most used are USD and EURO). Number of share holders: Metaltech's total share holders count a total of 6173; Metaltech's shares are 'open to the public' type of shares (at the beginning there were only 150 share holders). Number of shares: 4846153, with a nominal value of $1.3 (in Romania this is an above average value).The annual increase rate is 10.4%. Commerce Register account number: R 336669. FIS registration number: J38-219/1990 Account number & Bank: 2511.12-2.11/ROL, and 2511.12-2.12/USD at 'Banca Comerciala Romana' (The Commercial Romanian Bank). |
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| Industry Focus | Communication Cables, Network Communications |
| Business Type | Distributor/Wholesaler |
| Products/Services | phones and electronics products |
| Our Markets | Western Europe |
| No. of Employees | 101 - 500 People |
| Annual Sales Range(USD) | US$2.5 Million - US$5 Million |
| Year Established | 1990 |
| Legal Representative(CEO) | Patrulescu Nicolae |
| Certificates | Manager |
