The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) rose 63% on the year to EUR4.9 million in 2013.
Total Soft’s revenues in Romania stood at EUR23.1 million.
According to Total Soft, although 2013 was difficult for the IT&C market, which also impacted the acquisitions of ERP solutions, the company managed to expand its client portfolio by 100 new companies.
It also said that its Charisma division increased its weight in last year’s revenues to 69%, the Acollada division for the development of key software solutions generated 20% of the company’s turnover, while the project management division TotalSoftPM boosted its share to 11%.
For 2014, Total Soft targets a 15% increase in turnover and an EUR6 million EBIDTA.
Total Soft is one of Romania’s leading ERP software application providers. Its client portfolio includes over 1,500 companies in 29 countries, among which the United States, Germany, Austria, Great Britain, Italy and France.
Total Soft is part of the group Global Finance, one of the most important private investment firms in Southeastern Europe, with offices in Athens, Bucharest, Sofia and Belgrade.