Walton inked a partnership with a Croatian renowned electronics brand named Smartphone I Tablet Servis D.O.O.
Walton International Business Unit (IBU) President Edward Kim and Smartphone I Tablet’s Chief Executive Officer (CEO) Mario Kralj signed the agreement virtually on behalf of their respective sides at a signing ceremony programme held at Walton Corporate Office in the capital, a press release said.
Among others, Walton’s Senior Executive Director SM Zahid Hasan, Walton TV’s Chief Business Officer (CBO) Engineer Mostafa Nahid Hossain, IBU’s vice-president Engineer Tauseef Al Mahmud, Operative Director Razaul Islam and Smartphone I Tablet Company’s Product Manager Marin Maltaric. Walton’s Croatia Country Concern Aminul Islam moderated the program.
Aminul Islam said that Croatia is a potential market geographically for Walton with a huge consumer electronics market in that country worth of US$221m projected in 2021 with the projected market volume of US$292m by 2025. Under its NOA brand, the Smartphone I Tablet company with their 20 years of experience in the competitive market is set to work as the distributor of Walton. The company has 33 percent market shares in TV and mobile segment in Croatia market.
According to the partnership agreement, they will market various products including, Walton brand TVs, refrigerators, air conditioners, washing machines, mobile phones and microwave ovens in Croatia.
