openPR Logo
Press release

EC21.com Enters Russian Market

02-22-2011 09:01 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: EC21 Inc.

Seoul, Korea, February 15, 2011 ? EC21.com, the world's leading business-to-business (B2B) marketplace for global buyers and suppliers, has recently announced that it had signed an agreement with SIBIR Limited Liability Company, a part of N4B group to open a new sales office in Russia beginning in 2011.

SIBIR Limited Liability Company, established in 2009, currently provides informational and consulting services in the field of analyzing the market environment and developing the national 'Navigator for Business' B2B network (n4.biz) with support of the Chamber of Commerce and Industry of Russia and other competent business organizations in Russia.

SIBIR will now represent EC21 general and premium services across the Russia, mainly in Moscow and Moscow regions by using their local contacts. They plan to promote the services via Internet, forums, conferences and exhibitions working with Russian industrial, agricultural and trade associations.

"Market of B2B services, e-commerce in particular, has been just starting to develop in Russia. There are no big players in Russia yet, however, the potential is huge: there are currently 16 million small and medium enterprises running in Russia and they cover more than 60% of national economy for now." said Andrey Y. Bykov, founder of SIBIR. "We expect to expand our sales network to cover 8-10 regions and get revenue growths for this starting year." he added.

Tae-Sung Kim, the executive vice president of EC21, said partnering with SIBIR was a great opportunity to develop EC21 sales network in Russia. "They are very keen to develop the brand across the Russia and the way the Russian industrial market is developing, the timing of this new and exciting partnership is ideal." he said. "Our expansion in Russia is aimed at making international trade easier for Russian companies and our local offices will provide complete guidance to Russian SMEs on how to effectively promote their products to the global buyers and suppliers." he added.

For more information, please visit: http://community.ec21.com/forum/viewtopic.jsp?topic_id=27668

About EC21 Inc.

EC21 is one of the world's leading B2B e-commerce company, connecting millions of buyers and suppliers worldwide through 3 major e-marketplaces: Global B2B marketplace (www.ec21.com) for worldwide exporters and importers, a Chinese-version marketplace (cn.ec21.com) for importers and exporters in China, and a Korean version marketplace (kr.ec21.com) for domestic traders in Korea. EC21 is headquartered in Seoul, Korea has 16 regional sales offices throughout Mainland China along with sales offices in Taiwan, Vietnam, Turkey, India, Italy, Pakistan and Russia.

EC21 provides free and premium membership services using which suppliers can easily create their own homepage to showcase products online, locate and contact global buyers, reply to buying leads and post trade offers to sell. Buyers can use the site for free and can easily search for new products, locate and contact new suppliers, and post buying leads. With the trust and support of millions of buyers and sellers worldwide, EC21 has today become one of the world’s largest and most popular B2B network with over 3 million Product listings and buying/selling leads and over 600,000 inquiries are exchanged every month.

EC21.com is one of the world's largest online B2B marketplaces, connecting millions of suppliers and buyers worldwide. Since 1997, EC21.com has been facilitating global trade opportunities for small- and medium-sized enterprises. Through its leading technology and expertise in international trade, it has achieved international recognition and trust in the global business community.

Risa Kim
EC21 Customer Representative
EC21 Inc, Korea
Website: www.ec21.com
Email: cscenter@ec21.com
Phone: +82-2-6000-6621
Address:
#501, Trade Tower, World Trade Center
Gangnam-gu, Samsung-Dong, Seoul, Korea 135-729

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release EC21.com Enters Russian Market here

News-ID: 163439 • Views: 1179

More Releases from EC21 Inc.

EC21.com Takes Further Steps To Protect Intellectual Property Rights(IPR)
Seoul, Korea, November 16, 2011 – EC21.com, the world’s leading business-to-business (B2B) marketplace for global buyers and suppliers, is taking further steps to protect its members’ intellectual property rights. EC21.com has recently announced that they are trying to enforce stricter policies for the protection of intellectual property and ensuring a safer online trading environment by strengthening its internal monitoring system against IPR infringement, and by banning members who have a
EC21 Announces Corporate Partnership with the United Nations World’s Food Prog …
Seoul, Korea, December 1, 2010 - EC21.com, the world’s leading business to business (B2B) marketplace for global buyers and suppliers, announces it has become a corporate partner with The UN World’s Food Programme (WFP).The WFP is the food aid branch of the United Nations, and the world’s largest humanitarian organization addressing hunger worldwide. "We pledge to adopt Corporate Social Responsibility(CSR) as our company’s Core Value and EC21 will be the first
EC21.com Launches Community Service and Discussion Forums
Seoul, Korea, February 19, 2010 – EC21.com, the world’s leading business-to-business (B2B) marketplace for global buyers and sellers, has recently introduced a new social networking service, Community Service, which provides a web community and discussion forum for importers and exporters. Starting from January, 11th of 2010, following in the footsteps of other well-known global B2B communities, EC21.com has launched a service that lets users communicate each other within the site. The

All 4 Releases


More Releases for Russia

Russia Agriculture Market, Russia Agriculture Industry, Russia Agriculture Lives …
The agriculture sector of Russia country is the most steadily developing sector of the national economy. Country’s most important crops are sunflower oil, grains and corn. Russia country is a world champion for the export of wheat & buckwheat and amongst the top ten in terms of the export of many other crops. The country has also exporting a variety of livestock products and value-added food products. Country also produces
Packaged Water in Russia
ReportsWorldwide has announced the addition of a new report title Packaged Water in Russia to its growing collection of premium market research reports. Packaged Water in Russia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource
Energy Drinks in Russia
ReportsWorldwide has announced the addition of a new report title Energy Drinks in Russia to its growing collection of premium market research reports. Energy Drinks in Russia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource
Consumer Electronics in Russia
Summary After the collapse of retail volume sales of consumer electronics in 2015, the negative trend continued in 2016. Although prices of oil were partly restored, business investments and the real income of Russians continued to decline, making a fast recovery of Russia’s economy questionable. As a result, consumers in Russia became very cautious when making their purchasing decisions. Despite the strong overall decline in retail volume sales, the performances of
Consumer Health in Russia
Summary Russian consumers are becoming more restrained in terms of spending money on consumer health products. The trend towards economising has become more widespread due to an economic slowdown in Russia and the consequent decrease in consumers’ disposable incomes. Russians are showing a greater preference for cheaper remedies or refusing to purchase any in the case of mild ailments that can be cured by traditional medicines. This is particularly so for
Russia Hotels – Best Hotels Available in Russia
Are you tired of searching for best hotels in Russia through search engines, now there is no need to waste your valuable time digging search engines, because we proudly announce besthotelsrussia.com here you get all details about hotels available in Russia. Russia is the largest country in the world this place covers almost the whole of Asia and 40% of Europe. It also has huge population ranking in ninth position