“Growth was fueled by a recovery of the economy in the second half of 2011 and a positive macroeconomic outlook for 2012, which triggered positive reactions in our clients concerning IT investments. Romsys is present in key sectors of the economy,” company executive manager Horatiu Berdila said in a press release Tuesday.
The company closed over 60 deals last year, of which more than 25% were with new clients. Romsys posted growth across all industries where it operates, ranging from 25% in the finance and banking sector to nearly 100% in the utilizes sector.
For 2012, the company expects organic growth of about 10%, in line with the market, to little over EUR70 million, Berdila added.
Founded in 1993 by Romanian businessman Marius Cojanu, Romsys was bought in 2007 by Austria’s New Frontier Holding.