Romsoft up nearly 50% this year

It looks like 2003 has been a good year for the Romanian companies distributing and selling IT equipment. After market research company IDC announced three domestic companies, i.e. Flamingo, Ktech and Comrace sold about 40% of the total number of PCs on the domestic market in Q3, Romsoft estimates its revenues will be nearly 50% higher in 2003 than they were in 2002. The IT equipment an software distributor that owns the Depozitul de Calculatoare retail chain will see turnover reach $35 million by the end of the year. Total revenues in 2002 were worth $23 million. The company representatives told Ziarul Financiar the nine-month turnover was almost equal to the entire turnover of last year, as Romsoft sales totalled $22 million from January through September 2003. Out of the total revenues, Depozitul de Calculatoare, the retail division, accounts for approximately 35% and the distribution division accounts for 65%. “The growth is due to the aggressive price policy applied by Depozitul de Calculatoare. The introduction of the instalment system also played a significant part in gaining a hearty slice of the end-user market (…), Liviu Oprea, Romsoft’s commercial manager, explains. ZF