“In the past three months, things have been much better than in the first two months of this year (Ed. n. – Romet posted a 40 percent annual drop in business in the first quarter of 2009),” Romet’s owner and General Manager, Constantin Toma, told Business Standard.
“We follow the trend forecasted for this year. Romet’s net sales rose seven percent in the first six months of 2009, while profit soared 30 percent year-on-year. These increases reflect the effects of measures taken in the anti-crisis plan applied since last fall, and the good evolution on the water industry market is due to investments in water supplies and sewerage,” the official said.
Romet’s profit amounted to €400,000 between January and June 2009, up 30 percent (in euro) year-on-year. As far as exports are concerned, they soared some six percent compared to the first half of 2008, to approximately €3.5 mln.
Toma said that Romet’s strategy includes raising exports. “As energy investments in Europe are increasingly higher, we hope to raise exports by contracting new projects,” the businessman added. He plans to file a series of projects in the fields of industry and agriculture, as of November, for which he could obtain financing worth some €10 mln from the European Union.
