Siveco Romania CEO Irina Socol said the expansion abroad, which has accelerated over the past eight years, has allowed the company to secure over 30% of its turnover from exporting know-how, with eLearning solutions holding the bulk. Socol also said the target is to have exports accounting for 50% of the company’s turnover.
Marian Murgulet, head of Siveco Romania’s Turkish unit, said Siveco is already present in Turkey with the eCustoms solution implemented for the country’s National Customs Authority, based on a contract concluded in 2009. He also said Siveco plans to set off new eGoverment projects in Turkey by implementing solutions of eLearning, eAgriculture, eHealth, Customized Application Development and Enterprise Resources Planning (ERP).
Founded in 1992, Siveco Romania is a key player on the local software market, employing over 1,300 people.
Siveco Romania has a wide ownership, with some of the largest shareholders including Siveco Netherlands, with a 42.2% stake, PEF V Information Technolagy with 22.5%, Intel Capital Corporation with 10% and Irina Socol with 10.98%. Other shareholders include Alexandru Radasanu, with 7.62%, Siveco Romania, with 3.75%, Florin Ilia, 2.68%, Daniela Bichir, 0.14% and Aurora Crusti, 0.14%.
Siveco Romania also has offices in the United Arab Emirates (UAE), Kazakhstan and in Belgium’s capital city of Brussels.