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UTI business up to €150 mln in 2008

Publicat la 01.02.2009, 22:00:00

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UTI business up to €150 mln in 2008

The group’s strategy for this year targets three main areas, of which the most important is securing clients. “We cannot afford financial losses in any of the companies, at any level. Also, we cannot afford to displease or lose clients,” Urdareanu said.

However, there are companies within the group that will require restructuring and for which even layoffs are being considered, unless these manage to complete their contracts portfolio. Late last year, Urdareanu announced his plans to sell two of the companies, UTI Retail Solutions and Cobra Securities.

The group provides solutions for security systems, equipment and services for fire protection and safety, design and installation of electrical systems, and engineering and traffic management.


 

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