Binkofski said the financial results registered by Microsoft locally in the 2011 fiscal year were good, considering that the country’s economy did not register growth.

In the fiscal year ended June 30, Microsoft Romania’s sales stagnated and the overall Romanian software market dropped about 5%.

“The Romanian software industry fell about 5% and our revenues in the 2011 fiscal year were similar to those in 2010. We are happy with this result, considering that projects carried out in partnership with the state have been temporarily suspended,” Binkofski told a news conference in July.

He highlighted the company registered increases in some sectors, such as the customer relationship management (CRM) sector, which saw an increase of over 10%.

Binkofski has been running Microsoft Romania since October 2010, when he replaced Calin Tatomir.

Microsoft’s sales in Romania reached 125.1 million lei (about EUR28.7 million) in 2010 from RON125.7 million in 2009, and its gross profit halved to RON10.34 million.

Microsoft entered the Romanian market 15 years ago. (EUR1=RON4.3529)