“We are interested in buying Romanian companies specializing in sales force automation, car fleet monitoring and business intelligence and are willing to invest EUR3 million into it to diversify our own product portfolio,” Voicu Oprean, chief executive officer and majority shareholder of AROBS Transilvania Software, told ZF Transilvania.
The AROBS group ended the first half with EUR10.9 million revenue, an increase of more than 12% on the year-ago period and expects total revenue to reach EUR23 million by yearend.
AROBS Transilvania opened two new software development centers in Baia Mare and Budapest this year, and plans to inaugurate two more in Hungary and Serbia in 2017.
“Our plan was to enter other markets, where we can find highly skilled specialists that can cover the vacant positions in our current teams or take on entire projects. The decision was to open two new development centers in Baia Mare and Budapest, where we already have a team in charge of the sales of our car monitoring solutions, TrackGPS. We are preparing to open two new services centers in Hungary and Serbia, next year.”
The company currently has more than 600 employees and contract workers and plans to reach 700 by yearend.
(English version by Loredana Fratila-Cristescu)