The group thus expects to exceed its revenue target of RON100 million it sought to reach by 2020.
Bittnet announced Monday it signed a business transfer agreement with Crescendo International SRL, a company with a history of 25 years in Romania, a turnover of RON79 million in 2017 and a net profit of RON4.4 million.
After the closing of the transaction, the IT&C integration activity of Crescendo will be integrated into the operations of dendrio, aiming to create a powerful IT&C integrator with regional coverage.
The contract will be subject to the approval of the Extraordinary General Meeting of Shareholders and the approval of the Romanian antitrust body.