Lenovo Business up 97%

Sep. 19, 2012

China's high-tech manufacturer Lenovo plans to sell 24.6 million of its products in Russia and other CIS countries in 2014 for $14 billion, Lenovo's senior vice president and president for the EMEA region, Gianfranco Lanci, said.

The company's business in Russia grew by 96.7 percent in the last financial year, he added. Lenovo intends to invest in its Russian business, including in personnel and marketing, Lanci said. Lenovo vice president for Russia, the CIS and Eastern Europe, Gleb Mishin, said he was not an advocate of expanding staff. "Therefore, we will put efficiency first and hire new employees only as needed," he said.

(MT)

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