Romsys was the only bidder and the contract was awarded in January. “The works/products/services can only be provided by a sole bidder, for technical reasons,” says the contract awarding announcement published on www.e-licitatie.ro.

A similar contract worth EUR2.48 million (VAT included) was concluded between the insurance regulator and Romsys in March 2010.

Set up in 1993 by Marius Cojanu, Romsys was taken over by New Frontier Holding (Austria) at the end of 2007.

At the end of 2010, Romsys reported a turnover of 177.1 million lei (EUR40.7 million) and pre-tax profit of RON14.9 million.

(EUR1=RON4.3483)

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