The company opened a new office in Silicon Valley (USA) last year and joined the Cluj IT Cluster project. It also expanded its management team by bringing aboard former CEOs from Microsoft and Nestle, and opened a new software development center in Craiova, southern Romania.
“AT the beginning of last year we estimated a moderate growth in turnover, of 20% compared to 2011, but we actually grew 35% in 2012, and posted growth on all strategic segments. Over 90% of the turnover comes from international markets,” said iQuest CEO and founder Cornelius Brody.
Founded in 1998 and headquartered in Germany, the company’s main markets are Germany, Switzerland, UK and the United States, in fields such as life sciences, telecommunications, financial services, energy, logistics and media. The biggest sales in 2012 came from life sciences and telecom.
For this year, Brody sees a moderate growth of 13.6%, to EUR25 million.