ZF English

Brinel gives up unprofitable companies of the group

19.04.2010, 17:21 8

Brinel group, a major domestic player in the IT&C field,announced Brinel PC Prod company had temporarily suspendedoperations for a three-year period until March 17, 2013. Accordingto Brinel representatives, this decision was made in order to shunadditional charges, useless in the current crisis situation. At thesame time, Brinel management said that as part of the group'srevamping process, the operations of several companies part of thegroup were frozen, but chose not to specify the value of costsavings resulted in the wake of these moves. "Besides Brinel PCProd, the operations of other unprofitable companies part of Brinelgroup were also suspended, but we did not give up production,though it shrank considerably and now accounts for less than 10% intotal turnover of Brinel. If the market picks up in the future,we'll reconsider the decisions made with regard to suspendedcompanies. We haven't and we won't make any brutal headcount cutsin the following period, we'll focus on system integration insteadof production, so that we also have several new projects fro thisbusiness line," Marcel Borodi, Brinel owner and chairman, told ZFTransilvania.

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