Old project limited Romsys business decline to 5-6 percent

Romsys

The first six months of 2009 brought a 5-6 percent decline of the company’s revenues, below the estimated drop of the economy and the foreseen drop of the market.

“Romsys had many contracts previously signed, it is the main supplier on the utilities field for many years, and Distrigaz Sud, E.ON [energy companies], Dacia Piteşti [carmaker] are clients which, although underging a crisis, are not lowering investments,” Berdila said. “Our main problem is not how to make it these days, but how to bring new clients,” he told Business Standard.

In spite of the changes made in the sales team an portfolio, the company’s gross profit margin dropped 5-6 percent, due to increased competition and players which provide very low prices. “We are forced to offer discounts, because others are coming with cheaper products. Depending on final results for H1, we are to make an analysis and decide whether we start restructuring or not,” Berdila said.

Ultimele Articole