Syscom 18, a Romanian company that specializes in industrial automation and metering systems, posted a €13m net turnover for 2012, an increase of 30 percent compared with 2011. The growth was sustained by exports to Africa and the Middle East, which accounted for €3m. This year, the company said it plans to net €15m, of which €4m will be generated by exports.
Earlier this month, Syscom 18 signed contracts worth €2m with Bulgaria and Iraq for industrial metering equipment, said Ion Andronache, president of Syscom 18.
