Coface: IT distributors report lower revenues in Romania

Since 2009, distributors of IT products have recorded a constant drop in the average income while posting positive financial performances, according to a Coface analysis, cited by local Hotnews.ro. In 2013, the average revenue per company was 22% lower than the one registered before the start of the financial crisis, in 2008. Over 1,260 companies are active on IT product distribution. According to the financial statements published by the Ministry of Finance, these companies generated a total turnover of RON 5.2 billion (over EUR 1.1 billion), down 5% year-on-year. Over 50% of the companies reported declining revenues. Irina Popescu, irina.popescu@romania-insider.com