Amid a fast-expanding market, Vertiv registered a substantial demand increase, not only in Romania, but also across Europe and globally, Ali Hamdan, general manager of Vertiv Cluj Hub for Integrated Business Services, told ZF.

Vertiv on July 24 for the last quarter reported 57% organic growth of orders, a 13% increase in net sales and a 63% advance in operating income. Moreover, owing to solid demand, outlooks for the entire 2024 were improved.

In Romania, the local subsidiary posted turnover of above RON91 million (EUR81.3 million) at end-2023, up 11% on the year. The company has 400 specialists in the Cluj and Bucharest offices.

Vertiv Romania has over 40 job vacancies at the Cluj hub that supports key functions both globally and regionally.

(English version by Catalina Apostoiu)

Subiecte #earnings#VERTIV