Last year, the company posted turnover of RON185 million, up more than 50% on 2010. Profit doubled, from RON3.7 million to RON7.5 million.
In the first quarter of 2012, Smart reported turnover of RON31 million and profit of RON1.8 million, said general manager Cosmin-Mihai Monac.
Last year, the company carried out investments worth RON5.8 million, mainly to purchase intervention equipment for its eight maintenance branches. This year, Smart has earmarked RON6.2 million for investments.
Smart has extended its contract with Transelectrica, worth RON361 million, for another three years. The company has also cut costs with employee travel and utilities, Monac explained.
Smart also has active contracts with E.ON, CEZ, Enel and Siemens. (EUR1=RON4.4626)