The company said in a news release that its employee numbers rose 50% on the year to more than 1,200.
Siveco was founded in 1992 and it is one of Romania’s main IT systems integrators and software developers.
Siveco Romania shareholders include Siveco Netherlands, with 42.2%, PEF V Information Technolagy – 22.5%, Intel Capital Corporation – 10%, Irina Socol – 10.98%, Mihail Radasanu – 7.62%, Siveco Romania – 3.75%, Gabriel Ilia – 2.68%, Daniela Bichir – 0.14% and Ecaterina Crusti – 0.14%.