In 2013, the company invested around EUR2 million to develop the Cluj-Napoca and Targu-Mures offices.
“In 2014, we will take 2013 investment projects further, and funds range between EUR3 million and EUR4 million. Thus, our Targu-Mures office will be moved in early May to a new location, in a recently completed office building,” Egly Janos, the representative of Accenture Romania, told ZF.
The company develops software solutions for industry and the automation field, as well as web applications for various mobile terminals. Its main business partner is Germany’s Evosoft, part of Siemens corporation.
The company ended 2013 with revenue worth around EUR13.4 million, mainly supported by existent clients. In 2012, the IT services provider reached total revenue of 57.9 million lei (EUR13 million) and net income of RON12 million (EUR2.7 million), according to Finance Ministry data.
“We expect revenue to rise further, with revenue budgeted for 2014 set to go beyond EUR14 million. We also try to develop in the area of complex IT solutions,” said Egly Janos.
In late 2013, US company Accenture acquired the group of firms Evopro, with over 1,000 employees and operations in Germany, Hungary, Romania and Turkey, of which Evoline was also part.
“Through this acquisition, Accenture entered the IT services market of Cluj-Napoca and Targu-Mures. Several local rivals of Evoline have been acquired recently and these acquisitions are set to change Cluj IT market on the medium term,” states Janos.
The company’s official also said the market followed an overall upward trend in 2013 and the trend will maintain this year.
“Our company will probably register lower growth as we are in a stage of change, of integration in Accenture sales process. However, the business environment favors the development of initiated businesses owing to the quality of domestic human resources and the lower salary level against developed countries. This is also doubled by the various fiscal incentives the IT sector enjoys,” specified Egly Janos.
The company currently has 430 employees and will recruit further amid existent demand and budgeted growth plans. At present, the company has over 30 jobs available.
(English version by Catalina Apostoiu)