Romanian clients contributed around EUR1 million to iQuest’s turnover in 2011.
For this year, the company expects its sales to grow by 20% to EUR19 million, a conservative estimate that may be surpassed. CEO Cornelius Brody says more and more clients are interested in offshoring, looking at a project’s total cost of ownership, rather than the costs per day or per month.
iQuest will continue to invest in personnel training and plans to hire more than 100 people for its Romanian development centers, especially for central office in Cluj-Napoca. Last year, the company had a staff of about 400 in Romania.
iQuest was founded 14 years ago and specializes in developing, integrating and implementing IT business solutions. The company is headquartered in Frankfurt and has software development centers in Cluj-Napoca, Brasov and Sibiu, and consulting offices in Bucharest and Gothenburg.