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Outsourcing News : Article

Xerox Romania reports sales down to 21 million euros in 2008

Xerox Romania, one of the largest document management technology and service provider reported sales of 21.9 million euros last year, down 15% from 2007, but booked a profit three-fold higher over a year earlier.

Xerox’s last year profit stood at 3.4 million euros and in 2007 – one million euros.

The first-half profit growth was largely due to the increase in services value and operating cost cut.

“Unfortunately, we can’t provide a partial sales value, but a total number that will be released at the end of 2009. As for the number of printers sold in first half this year, the official data are collected at the end of each year and released for publication early next year”, Miruna Constantinescu, marketing manager Xerox Romania and Moldova, told Wall-Street.

The current economic context has led to a revision of companies’ strategies and individual users so as to significantly cut costs, put off investment plans in office products or to find new financial solutions – renting the products or outsourcing services.

Read entire article on Wall-Street

Posted: Monday, August 24, 2009

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