“TMC continues to grow. For the first time, we merge with an existing foreign company: IoTH becomes TMC Romania, headquartered in Bucharest. Through its culture and values, IoTH fits in perfectly with TMC’s employeneurship model. And Romania offers many opportunities to bring in Eastern European clients and, above all, to attract new talent. ‘Romania has good universities and many top engineers that we would like bring on board at TMC. Until now, TMC has always grown organically outside the Netherlands: we opened our own new entities in various countries. Of course, our ‘employeneurship model’ played a central role in this. There are several reasons why we are now opting for an acquisition. The most important is that we can grow faster this way”, the company said in a statement on its website.
TMC’s CEO, Emmanuel Mottrie, said: : “If we want to continue to grow, we need to tap into new recruitment markets. We see that our vision on working and employeneurship is catching on internationally. It is hugely motivating to further propagate our organizational culture and structure.”
“IoTH was founded in 2016 by Cosmina Dinu and Morgan Guffroy, an experienced engineer in the automotive industry and an entrepreneur at heart. Within the company, human values come first. Based on these values, Cosmina and Morgan put together a team of 60 top engineers who know the high-end IT consultancy industry well”, the statement also reads.
“Romania offers TMC many opportunities due to its strong local market in the automotive and telecom industries. Guffroy: ‘As a part of TMC, we are invited by larger customers, such as Renault.’ As such, the Bucharest TMC branch is the first step towards a network of customers in Eastern Europe. Moreover, Romania has a number of other advantages. Emmanuel: ‘Romania has good universities and many top engineers. We would like to bind them to us. So that we can serve markets in Romania and surrounding countries. And set up international teams, in which engineers from Romania collaborate remotely with engineers from other TMC branches on projects for existing TMC customers. In this respect, Romania’s time zone and culture also played a role in our decision’, the statement also shows.