The company’s General Manager, Iulian Stanciu, said the excellent evolution in the first months of 2007 led Asesoft to change its turnover outlook from $95 mln to the current $110 mln. The estimation for the profit ratio is 3-4 percent of the net sales.
“The domestic IT hardware market will have a 25-30 percent rise, due to higher demand in the corporate sector,” added Stanciu.
For 2008, company representatives estimate a further 50 percent increase in turnover and profits similar to the ones registered this year.
rise. Asesoft Distribution ended 2006 with a $72.2 mln (€57 mln) worth of business, higher 51 percent compared to 2005. Asesoft has several local retail networks as clients for IT products.
Asesoft Distribution is part of the group of IT companies Asesoft, owned by businessman Sebastian Ghita. The group recently announced investments worth €100 mln in office buildings and residential projects in the city of Ploiesti.
Asesoft was founded in 1997 as a software developer. Some 20 companies have been later added to the group, including Asesoft Distribution, Asesoft International, Asesoft Net, and Asesoft Smart. The group also owns the Ploiesti basketball team, CSU Asesoft.
expansion. The group is planning to expand internationally, starting with Serbia, Albania, FYROM and Montenegro. A first subsidiary already opened in Serbia, operating on the IT solutions development market.
On the local market, Asesoft’s main competitors are distributors Tornado, Scop and Genesys.
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