ELKO Group Becomes the Distributor of Palit Products in Russia


JSC ELKO Group, a leading wholesaler of IT products and components in Eastern
Europe and the biggest enterprise in Latvia, has now partnered with the company
Palit. Palit is a leading manufacturer of video adapters and their products
will now be distributed throughout Russia. 

Lukas Wang, the Palit Large Customers Manager, comments, “Palit - one of the
leading manufacturers in VGA segment - is proud to cooperate with ELKO Group -
one of the leading distributors of PC components. We highly appreciate the
achievements of ELKO Group in the graphic solutions segment of the Russian IT
market, and we believe that our mutually beneficial partnership will encourage
the recognition of our products with the wider numbers of customers”. 

Alexander Budilov, ELKO Group in Moscow Sales and marketing department manager
notes, “We have achieved remarkable results in distributing AMD and NVIDIA
video solutions on the markets of Russia, Ukraine, as well the Baltic and
Eastern European countries. The new partnership with one of the leaders in the
field will help us strengthen our positions and will make Palit products
available to a large number of our partners - integrators, PC manufacturers and
retailers in Russia.” 

Palit
Palit Microsystems Ltd. was established in 1988 and has now become one of the
leading manufacturers in the field of graphic adapters. As one of the major
manufacturers of PC components, Palit consistently supplies advanced ATi and
NVIDIA-based video adapters of superior quality. Palit has established a global
sales network and has built direct relationships with its customers. The
Headquarters of the company is located in Hong Kong, with business in China and
offices in Germany and Turkey. 

ELKO Group
JSC ELKO Group was established in 1993. ELKO Group is Latvia's largest
enterprise, with a turnover last year exceeding 1 billion US Dollars, while the
company's turnover in the first six months of this year has exceeded 555
million US Dollars. The company's main activity is the wholesale of computer
equipment and electronics in the Baltics, Central Europe and the CIS. 

The company represents about 70 manufacturers and sells the goods to more than
6 300 retailers, local computer hardware manufacturers and system integrators.
The ELKO Group offers more than 7 000 product items from the world's famous
suppliers - "Acer", "Intel", "Seagate", "Samsung", "Sony", and "Western
Digital". At the moment, the company employs 330 people. The ELKO Group is
owned by several private individuals, as well as by the "East Capital" and
"Amber Trust" investment funds. 


AS "ELKO Grupa"