“The main development direction is the service sector, which includes software and hardware solutions. We are interested in hardware and software solutions and services that would allow clients to work in a more intelligent manner,” Radu Enache, President of HP Romania, told Business Standard.
Also, the company has fallen in line with the group’s global policy regarding cost cuts and salary reductions by up to one tenth. Referring to the company’s sales in the previous financial year, which ended on 31 October, HP officials indicated double-digit growth rates. However, HP registered drops in November and December compared to the final two months of 2007.
“I think last year retail sales fell at least 20-30 percent compared to previous years,” said Enache. And 2009 began with no rebound in the retail sector, no projects approved in the public sector, and limited expenses of private clients. According to information available on the website of the Ministry of Finance, HR Romania ended 2007 with net sales worth €55.6 million, and a net profit of 8.3 mln.
