ELECTRONIC and household appliance retailer NAY announced that a foreign investor would purchase a 48-percent stake in the firm. The company also announced the opening of a new NAY retail outlet, the biggest in Slovakia, the SITA news agency reported.
NAY Holding posted sales of Sk3.2 billion (€83 million) before VAT in 2004, marking an historical high in its sales.
According to a survey conducted by GfK Slovakia, NAY's share on the Slovak electronics retail market is 20 percent.
