These are the best financial results of the company ever and the growth in revenue was largely because of the better market, as companies allocated higher budgets to technology.

Demand from private Romanian companies and multinational companies conducting retooling, expansion or investments in technology increased, ETA2U said.

“About 85% of ETA2U’s revenue comes from the private sector – IT integrators or end beneficiaries of our competencies,” Stelian Campianu, general manager of ETA2U, told ZF.

ETA2U’s revenue stood at RON112 million in 2014, while net profit reached RON2.7 million, according to Finance Ministry data.

ETA2U was established in Timisoara 24 years ago and currently has offices in seven cities in Romania, which employ more than 230 people. (EUR1=RON4.4910)

(English version by Loredana Fratila-Cristescu)