Romsys is an IT&C solutions company founded by entrepreneur Marius Cojanu, which the Austrian group bought at the end of 2007. It posted EUR64 million in revenue last year, up 53% on 2010.
“We have an acquisition budget for 2012 and are in talks with two local tier 2 and 3 companies specializing in development of specific vertical business solutions,” Romsys official said without going into details.
Several small IT and software companies usually little known or completely unknown until the time of the deal have been acquired by international groups over the last few years.
The latest example is another Austrian group, Kapsch, which bought Squario IT Solutions and Focus Net Consulting – two local IT consultancies for which it paid about EUR2 million. The two had been established by Daniel Oancea, who had left Oracle Romania in 2008 to start his own business. They had reached almost EUR2 million in annual revenue and their clients included Orange, Rompetrol and Romania’s central bank.
This is precisely the type of company Romsys might be looking for, but Horatiu Berdila did not go into details and merely said, “we’ll definitely make at least one acquisition this year.”
NFG’s consolidated revenue went up 25% to EUR150 million in 2011. Romsys contributed over 40% compared with 23% two years ago, Berdila said. NFG remains the top IT solutions integrator on the Balkan markets, Romania included, ahead of Asseco SouthEast Europe and Ness Technologies, its main rivals in Central and Eastern Europe, he added.
(English version by Loredana Fratila-Cristescu)