“Our estimates are realistic. So far we have been on target, but many things depend on international financial markets, which will affect the Romanian economy, and also the strategies of our main partners, which are more exposed in other areas of the world than in Romania. The financial objectives have to be taken into consideration with maximum responsibility,” said Cusa.
Tornado Systems posted turnover worth €130 million in the fiscal year that ended in June 2008, and estimates a 30 percent increase in the 2008-2009 fiscal year, to €142.4 million. The company is restructuring, so investments that began in 2007 will continue in the period immediately ahead.
Tornado lost €3.04 million in 2007, due to restructuring costs and expenses generated by the new business management software.
