Two Bucharest brothers set up a company specialising in industrial applications in the early '90s, Adrem Invest, which now competes with giants such as Siemens on certain segments.
Whilst multinationals benefit from the support of parent companies, Romanian businesses struggle to cope through the toughest years since the Romanian revolution of 1989. Where does salvation come from?
Adrem Invest reached over 10 million euros in turnover in 2009, 40% more than in 2008, in a year when most businesses declined amid unfavourable market conditions brought about by the financial crisis.
The secret of last year's growth was a major contract for reading and installing electric meters, sealed with one of the leading players on the Romanian energy market: Czech group CEZ, which supplies power to the Oltenia region, which has over one million consumers.
Two Bucharest brothers set up a company specialising in industrial applications in the early '90s, Adrem Invest, which now competes with giants such as Siemens on certain segments.
Whilst multinationals benefit from the support of parent companies, Romanian businesses struggle to cope through the toughest years since the Romanian revolution of 1989. Where does salvation come from?
Adrem Invest reached over 10 million euros in turnover in 2009, 40% more than in 2008, in a year when most businesses declined amid unfavourable market conditions brought about by the financial crisis.
The secret of last year's growth was a major contract for reading and installing electric meters, sealed with one of the leading players on the Romanian energy market: Czech group CEZ, which supplies power to the Oltenia region, which has over one million consumers.