“2011 was not our best year. In 2010, Omnilogic SRL’s turnover was somewhere around $160 million. Our results follow the trend of the IT market, which, according to IDC data, shrunk by 55% in 2009 and by 30% in 2010,” said Marin.
He expects 2012 to be just as tough for the local IT market, with growth to be seen only in 2013. Still, Omnilogic will continue to earmark money for business development and expansion, eyeing operations in Bosnia and Bulgaria.
Omnilogic and Oracle Romania have opened Romania’s first Oracle Partner Hub, featuring specialists and technologies to support the growth of Oracle’s portfolio in eastern and southern Europe. The Hub is located in Otopeni, north of Bucharest. The other Hubs in the region are in Russia, Turkey and Poland.
Marin said Omnilogic will spend EUR6-700,000 on equipment and services, plus more on employee training.
Omnilogic was set up in 1992 and is wholly owned by GT Holding (Austria).