HP Romania, the local subsidiary of the world's largest PCmanufacturer, posted a higher net profit than the 5.4 million eurosrecorded in 2008, having rendered its operations more efficient,despite a decline in revenues.
"2009 was a bad year for HP Romania. The company lost last yearwhat it gained in 2008, but the business was more profitable, so wedid not operate redundancies," said Radu Enache, general manager ofthe company.
Hewlett Packard's local subsidiary posted a 224.3 million-RON(60.9 million-euro) turnover in 2008, according to data publishedby the Ministry of Finance, 21% more than in 2007, whilst its netprofit fell by 27.5%, to 20 million RON (5.4 million euros).
Enache also mentioned that HP Romania would hire 600 staff atits Global eBusiness Operations (GeBOC) in Bucharest, which hasover 2,000 employees at present. The head of HP Romania said thecompany management targeted a 20% market share this year, from 17%in 2008.
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