Fri, Feb 10 2012

EMC2 hopes for continued growth

Thu, Nov 01 2001 13:00 CET

byIvan Vatahov

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The U.S.-based EMC2 Corporation hopes to retain or increase the double-digit annual revenue growth registered in the Balkan market last year, said the regional head of the world's number one maker of data storage systems on Tuesday. EMC2 also announced they had teamed up with Global Consulting, one of the leading Bulgarian IT companies.

"In 2001, we registered a two-digit growth and we hope to have the same or higher (in the fiscal 2002, finishing end-June)," said Henryk Blader, EMC2 manager for Bosnia, Bulgaria, Croatia, Macedonia, Romania, Slovakia, Slovenia and Yugoslavia. "The biggest potential customers will be telephone companies, banks and government institutions," Blader told a press conference.

Blader said that, in times of global slowdown in the technology sector, the Balkan region was a growth area because it was still relatively underdeveloped compared with Western states. "2001 in the Western world was a bit of a slowdown but in our region it wasn't, because the countries are still in the stage of catching up with the Western, more developed countries."

Blader said that last year, EMC2 was most active in Croatia, where the two biggest commercial banks have become EMC2 clients, while in 2002 it planned to focus mostly on Bulgaria and Romania. "Our first target will be the banks," he said. The biggest customers of EMC2 in Bulgaria are the Bulgarian Telecommunication Company, MobilTel, the Interior Ministry and Hebrosbank.

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