The decision was triggered by an increase in demand for business solutions, said Golumbeanu.
We took over Ager Solutions’s business on the Microsoft Dynamics segment in an attempt to find new ways to increase Novensys’ turnover, Golumbeanu added.
“We have been collaborating with Ager for about six years and talks on the takeover started about two years ago. Novensys took over from Ager Solutions about 20 employees and a portfolio including some 50 contracts,” said Novensys.
According to Novensys, Microsoft Dynamics’ sales account for 60% to 70% of Ager Solutions’ turnover.
Novensys’ market share on the Microsoft Dynamics segment will exceed 50%, said Golumbeanu.
According to preliminary data, Novensys registered turnover of EUR28 million in 2011, from EUR21 million in the previous year.
Golumbeanu expects revenues of EUR40 million in 2012.
Novensys Corporation is controlled by Cezar Florin Golumbeanu – 22.8 %, Andrei Stefan Caunii – 21.75 %, Robert Florin Cristea – 22.05 % and ICB Investment Limited – 33.4 %.