“We have 625 employees and external collaborators, but we want to hire at least 100 people this year, mainly programmers and economists. In 2013, the domestic market was challenging and we do not believe things will change this year. In 2013, we had a positive dynamic abroad, but 2014 will be a tougher year,” Daniel Metz, chief executive officer of EBS Romania, told ZF Transilvania.
Exports weigh around 88% in the company’s total revenue. EBS in 2013 generated revenue of EUR18.1 million, up 43% year-on-year. For this year, the company expects EUR22 million in revenue on the basis of orders received within NTT Data group.
“This year, EBS’s main target is integration in the parent concern. We believe that in 2014, after three years of annual increases of above 40%, our business will consolidate,” said Metz.
In 2013, the company invested in personnel training and to boost capacities in the five subsidiaries held domestically. In 2014, the company will invest in technical infrastructure, as well in personnel training and office space expansion.
“At present, in Romania, and in the entire Europe, conditions are not favorable for the setting up of new businesses. The global economy is still subject to structural tensions and consumers’ lack of confidence passed on to businesspeople. Investment appetite is very low, but the 16% flat tax is still a positive, keeping Romania among appealing countries for investment”, EBS Romania’s CEO.
(English version by Catalina Apostoiu)