Retailers were unable to allocate budgets for new technologies due to the lower consumption triggered by the financial crisis, thus, the video surveillance equipment only registered a 5%-7% growth in the last years.
According to market data, the losses caused by thefts in large retail chains reach 0.5%-1.5% of sales volume. Thus, in a hypermarket with an annual turnover of EUR1 billion, annual losses caused by thefts may reach between EUR5 million and EUR15 million.
“Thus, depending on the loss prevention measures adopted by the retailer, losses might vary by up to EUR10 million per annum. The measures should imperatively include video surveillance systems,” Viorel Luta, UTI security systems sales manager, told Mediafax.
Last week, UTI announced the starting of a new security project with Metro Cash & Carry, with whom it has been collaborating since 1996, for surveillance systems upgrade.
UTI solutions for hypermarkets/supermarkets/cash & carry cover monitoring and video analysis, electronic surveillance of the goods, fire detection and protection, anti-theft systems, access control, sound, POS/VIDEO interface and pneumatic tube systems.
UTI is a Romanian holding founded in 1990 and has four business lines: security systems, information technology and communications, traffic management, constructions and facility management.