In 2013, Huawei Technologies Romania posted a 32% growth in turnover, to EUR127 million.
“The targeted figure considers a realistic scenario. Over 50% of the business of the Romanian subsidiary of Chinese group Huawei Technologies consists in computer networking equipment deliveries. We are still counting on telecom operators’ investments in 4G networks and 2G and 3G upgrades, as well as in fiber optic networks,” said Vlad Doicaru, Enterprise & Integrated Accounts Director for Huawei Technologies Romania.
He added first-half results show the company is on schedule towards the targeted turnover.
Huawei Technologies Romania started activity in 2003 and currently has 900 employees, of which 700 are Romanian. In 2007-2012, the Chinese group invested EUR90 million in its Romanian subsidiary and an additional EUR6 million in the opening of its fourth global services center, providing tech support for clients in Central and Eastern Europe, Scandinavia and Western Europe.
The company plans to reach 1,200 employees by the end of the year or the first part of 2015, as the tech support center needs to double its staff numbers from 400 to 800, said Doicaru.
He added Huawei investments in Romania will continue and the Chinese group has approved an investment budget of EUR100 million by 2018.