Gecad expects 6.3m-euro turnover in 2009

Gecad Net, a member of the Gecad group, specialising in IT security, posted 5.5 million euros in turnover last year, similar to the 2007 figure, and slightly less than the original 6 million-euro target. The company, controlled by businessman Radu Georgescu, expects a 15% turnover increase for this year, to around 6.3 million euros. “Even though the international economic context makes it hard to come up with financial forecasts, we have set as a target to boost the 2009 turnover by 15% against 2008,” said Gabriela Mechea, general manager of Gecad Net. The company, which also sells computer-aided design solutions (CAD), has recently announced it became a sub-distributor of the AutoCAD LT application, developed by US-based Autodesk, in the wake of a deal signed with Man and Machine, sole distributor of Autodesk products in Romania. Up until now, the company was just a reseller, and is expecting this change to allow it to make the application available to its partners under more flexible terms.