Gehrig Schultz, the American appointed by Ovidiu Tender to the helm of geological prospecting company Prospecţiuni Bucureşti (PRSN), says efforts made over the last two years by the management team to expand the company internationally will start to pay this year, and expects the company's international operations to contribute 30-40% to the company's revenues in 2011.
The company posted a 53 million-euro turnover in 2009, but in the first nine months of last year, revenues fell 30%.
According to the head of Prospecţiuni, last year only 10% of Prospecţiuni's turnover was generated by external contracts.
The biggest works that the prospecting company will carry out this year on the external markets are in Portugal, a 6 million-euro contract, in Morocco, where it expects to collect around 12 million dollars and in India. Prospecţiuni currently has eight work teams, three of which will be used for the company's external operations.
Gehrig Schultz, the American appointed by Ovidiu Tender to the helm of geological prospecting company Prospecţiuni Bucureşti (PRSN), says efforts made over the last two years by the management team to expand the company internationally will start to pay this year, and expects the company's international operations to contribute 30-40% to the company's revenues in 2011.
The company posted a 53 million-euro turnover in 2009, but in the first nine months of last year, revenues fell 30%.
According to the head of Prospecţiuni, last year only 10% of Prospecţiuni's turnover was generated by external contracts.
The biggest works that the prospecting company will carry out this year on the external markets are in Portugal, a 6 million-euro contract, in Morocco, where it expects to collect around 12 million dollars and in India. Prospecţiuni currently has eight work teams, three of which will be used for
