Brasov-based software developer Deuromedia made turnover of 36.3bn lei in H1 this year and 657.6 million lei in net profit, said Cristian Giuglea, PR manager.
“Turnover increased by 186% compared with the same time last year, while net profit went up 400%. Software development accounted for 96% of the total turnover,” Giuglea specified.
The company is planning to become one of the leading developers of platforms for multicast digital satellite transmission this year and to enhance the functionality of the Deuromedia platform to include interactive television services.
It will stress on introducing reception applications based on the Multimedia Home Platform (MHP) to provide for the development of a set of applications and common functions for PCs, PDAs and other receivers.
The main clients of the company are Deuromedia GmbH (Germany), Mirae Online (South Korea) and Deutsches Friseur Fernsehen (Germany). The company’s projects were carried out together with strategic partners from Europe, such as Gilat Satellite Networks Ltd. (Israel), SES Multimedia (Luxembourg), DVB (Digital Video Broadcast) boards producers: Philips, Technotrend and Broadlogic (Germany), the ZDF TV network and BetaResearch, the R&D division of the Kirch Gruppe Company (Germany).
Deuromedia’s core business is developing multimedia software applications for broadband transmissions between computers by satellites, cable TV networks or phone lines based on the TCP/IP protocol.
At the same time, it is an Internet Service Provider. Deuromedia Brasov is the R&D department of Deuromedia GmbH’s, one of the world’s leading providers of broadband transmission software solutions.
The company is currently employing more than 150 people, part of them Microsoft and Borland certified. The applications it develops target companies planning to operate as Internet Service Providers and wanting to provide point-multipoint data transmissions, database updating, corporate training, point-of-sale solutions and interactive television.
Deuromedia SRL Brasov is a Romanian-German company and has 13.9bn lei in share capital, with the controlling interests held by Deuromedia GmbH (Germany). It made 165.6 million lei in net profit in 2000 at 37.4bn lei in turnover. Mediafax