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   EXCHANGE RATE - 09/03/2010

RON

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3,33

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4,27

 
RHS - NEWS : Landmark decision on the Romanian IT Market: it’s official! RHS Company and Tornado Sistems’ merger has been approved by the Competition Council

   NEWS

  Landmark decision on the Romanian IT Market: it’s official! RHS Company and Tornado Sistems’ merger has been approved by the Competition Council


Following the approval from the Competition Council with regard to economical concentration, RHS Company S.A. and Tornado Sistems S.R.L., two of the most important players on the Romanian IT&C Market, are setting up the operations’ integration process.

Active on the Romanian and the entire South-Eastern European Markets, RHS Company and Tornado Sistems foresee this operation as transforming the present economical context into an opportunity to optimize the quality of services and goods on offer; their accumulated experience and the competitive advantage held by each of these two companies support this view.

“Through this joint action our partners will receive a top-notch, quality collaboration. Through our vast product and service portfolio, our extended territorial presence, the B2B portal, all our joint experience will bring a valuable plus to the IT&C market”, stated Dragoş Popescu, General Director of RHS Company.

“Together, we are the biggest of the IT&C distribution market players; we have the best team, the most efficient work systems, and the largest number of distribution contracts. For 2010, the predicted turnover is 50% bigger than the next company under and this is just the beginning. We are inviting all our business partners to join us forging success and once again, reinventing the market!” - Eugen Lepădatu, General Director of Tornado Sistems.

The two companies will continue to develop their activity by maintaining their names and identities, shortly defining their roles and intentions publicly and offering their expansion plans and the politics backing up their long-term development.

About Tornado Sistems:
Established in 1991, Tornado Sistems, one of the main distributors of IT&C equipment in Romania, holds an extensive portfolio of products and solutions boasting important international suppliers. Tornado Sistems has a solid reputation within the IT distribution field in Romania and Bulgaria based on 18 years of experience and tradition. As a market leader, Tornado has accumulated knowledge within computer systems, software, networking and communication equipment, printing solutions and power supply products. In the past year, the company’s strategy has turned to increasing the organization’s process efficiency and optimizing costs using the SAP platform and to building instruments such as the B2B web application designed for partner access, CRM, CTI, etc.
For more information about Tornado Sistems and its products visit
www.tornado.ro.

About RHS Company:
Established in 1999, RHS Company is one of the most important distributors on the Romanian IT market. RHS Company is committed to more than 2,000 clients offering cutting-edge technologies from well-known vendors. The company activity is based on performance and efficiency, offering its partners a strong and reliable long-term relationship. With its headquarters in Bucharest, the company branches out into 6 regional units that cover the entire Romanian territory.
For more information regarding the company, visit
www.rhs.ro.

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