K Tech - Ultra Pro expecting 25% growth

K Tech – Ultra Pro Group, a specialist in the distribution of IT&C equipment and electronics and which is also active on the software, integrated solutions and services segment, last year made 66.5 million dollars (53.6 million euros) in turnover, well over 10% above its initial target. The company management expects an average growth of 25% for 2005, K Tech – Ultra Pro officials told Ziarul Financiar. The rapid pace of development of the chain and the increase in the number of brands distributed witnessed last year will be continued this year. The retail chain will reach an estimated 80 locations throughout the country by the end of 2005. Revenues in 2004 were 42% higher than for 2003, when the company generated 37.7 million euros in total turnover. K Tech Ultra Pro enjoyed a very good Christmas this year with total revenues of 21.7 million dollars (16.7 million euros), nearly 40% up on the third quarter, which saw 15.1 million dollars (12.1 million euros). Figures for the first quarter were 15.2 million dollars (12.6 million euros), while the second quarter brought in 14.5 million dollars (11.9 million euros). ZF