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ZF English

I.T.N.T. sees flat turnover this year

I.T.N.T. sees flat turnover this year

Autor: Magraon Andreea

20 sep 2010 71

Sibiu-based I.T.N.T., which owns soft32.com, games32.com ormacsoftware.com websites providing various applications andsoftware for download, expects its turnover to stagnate this year,at 0.46m euros, considering it saw its revenues go down by 15% lastyear.
"The weaker financial results came amid the financial crisis. Weexpect to return to growth starting 2011," Lucian Todea, thecompany's general manager, told ZF.
Also, the company's gross income dropped by 17%, to 0.7m euros,according to Trade Registry data.
Todea said he did not plan to sell the soft32.com website, with 5-6million visitors per month. "There have been several offers fromsome US companies, with which we talked, but I've never planned tosell the website," said Todea.
He stated software through which users downloading applicationsfrom the site will be notified about programme updates will belaunched next week. Also, a new version of the website would belaunched by yearend, said Todea, without disclosing investments inthe new design.

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