UTI provides security to Europe

The UTI Group, which specialises in security systems and related activities, set out to expand on the international markets, with the group”s management currently analysing opportunities for expansion into Europe. At the moment, UTI is providing security systems in Serbia and Montenegro through UTI Retail Solutions, where it equipped the Metro stores, after having initially fitted one such store in Kishinev. “UTI”s strategy for the future will continue with what we”ve done up to now. The change of strategy will occur in terms of development outside Romania. It is about an international approach regarding the projects and markets where we already have acquired expertise. Based on the expertise acquired in Romania, we intend to develop and start being active in other areas of the world,” Tiberiu Urdareanu, UTI Group chairman told ZF Transilvania. UTI posted consolidated turnover of 37,398,074 euros in the first three quarters, with net profit reaching 3,108,516 euros. ZF