QuickMobile.ro has declared BANKRUPTCY for the Distribution Company

QuickMobile.ro has declared bankruptcy for the distribution company Electro Distribution, with large debts and ownership on the accounts, the business being transferred to another company.

quickmobile.ro bankruptcy

QuickMobile.ro, one of the well-known online stores in Romania, and the one that listed the first iPhone XS for pre-order in Romania, is linked to a news regarding the bankruptcy of the distribution company that was at its base. QuickMobile.ro had the products distributed by the company Electro Distribution until now, but it went straight into bankruptcy, with appropriation on the accounts, with debts of 34 million LEI, or 7.3 million euros, the business being transferred to another company .

QuickMobile.ro started from Baia Mare with the company Electro Distribution in 2004, and in recent years it has tried to stand out by bringing the newest gadgets to Romania before they were officially launched. Many customers complained that they were tricked into paying in advance for pre-orders and received the expected products late, QuickMobile.ro being involved in other scandals regarding the non-granting of product guarantees.

QuickMobile.ro has declared BANKRUPTCY for the Distribution Company

In 2017, QuickMobile.ro had a turnover of 160 million LEI, or about 35 million euros, but the profit fell from 3.6 million LEI in 2016 to a loss of 810.000 LEI in 2017. The distribution company a QuickMobile.ro would not have debts to the state, but it would have those 34 million LEI debts to partners and suppliers, most likely, and going directly into bankruptcy is a sign that things are not too good there.

QuickMobile.ro recently had an expansion outside of Romania, but it is hard to say if the problems are related to this, or other elements that have not yet been made known to anyone. Those from QuickMobile.ro they didn't offer so far no information about this decision to go bankrupt, but they will probably provide information in the next few days, but you should be very careful about the decision to buy from them in the next period.