Technomarket (Bulgarian: Техномаркет) is a Bulgarian retailer of consumer electronics[1] that operates stores in Bulgaria, Kosovo, North Macedonia, Bosnia and Herzegovina, Slovakia, Montenegro and Romania.[2] It also used to operate in Croatia and Serbia, but failed.
Technomarket is the brand name of K&K Electronics, a Bulgarian company founded in 1992. K&K Electronics is owned by the London Stock Exchange-listed British Virgin Islands-based[3] company Equest Investments Balkans Limited.[4] The first Technomarket store opened in 1999. In 2007, K&K Electronics acquired the Romanian chain DOMO, which by the time had entered the Bulgarian market,[1] and established the TechnomarketDomo Group. DOMO operates as a separate brand name in Romania and Bulgaria; in Bulgaria, that chain typically has smaller and more centrally located stores than Technomarket.[5]
As of late 2009, Technomarket operates 42 stores in Bulgaria, nine in North Macedonia, 14 in Bosnia and Herzegovina, two in Slovakia, seven in Kosovo, and 13 in Montenegro. In Romania, K&K Electronics has 126 stores, all operating under the DOMO brand.