Darian posted turnover of €3.75 mln in 2007, 85% higher year-on-year

"We increased significantly above expectations we had at the beginning of last year, retaining our position as leader and a significant market share of 15 percent on a market of over 200 players, recently estimated by the National Association of Romanian Valuers (ANEVAR) at €25 million in 2007," said Crivii. The rise in 2007 was sustained by the large number of business evaluators and the doubling of signed evaluation contracts. The company carried out 25,000 evaluation reports last year.

Among the company's clients last year were car maker Automobile Craiova, drug producer Antibiotice Iasi, home appliance producer Electrolux, SSIP Broker, the Romanian National Bank (BNR). Early this year Darian won the auction to evaluate state participation in 50 companies owned by state-owned Proprietatea Fund.

The current ratio of bank evaluations in terms of total services is 70 percent (40 percent for retail and 30 percent for corporate), 18 percent for company and delisting evaluations, and 12 percent financial report evaluations.

Darian is estimating a 30 percent increase in turnover in 2008, up to some €4.8 mln. (NewsIn)