In the short run, Roman needs to finalize negotiations already started by the Austrians to acquire a local IT company and recruit staff for the local team, which is set to reach 50 people by March 2012.
The manager says his first impulse after leaving S&T was to create his own IT company, for the third time in his career, but he ultimately decided to accept Kapsch’s offer, as well as carry on with his wine growing business.
Austrian group Kapsch, with over EUR500 million in turnover in IT&C, highway toll collection equipment and services and communications solutions for railway operators, targets a “fast” expansion in Romania, Jochen Borenich, member on the board of one of the group’s divisions, told ZF on a previous occasion.
Asked what company was targeted by the takeover negotiations, Roman specified it was a technology company, without providing further details. “In Romania, Kapsch has been looking to acquire a technology company specializing in consulting and implementation of IT systems, and also skilled in program management and integration,” he said. “We are in the middle of the due diligence process for the acquisition and I think it will be finalized within the next two months,” Roman added.