The software company made RON2.89 million net profit, down 0.9% on 2015. The average number of employees went up by 21 to 448, according to the same source, while total debt at the end of December 2016 stood at RON28.19 million, 7.8% lower than in the previous year.
Totalsoft sells ERP and CRM solutions. Its Charisma software suite generates about 75% of its revenue.
Totalsoft gets most of its revenue from private sector customers and is involved in only a small number of public sector projects.
(English version by Loredana Fratila-Cristescu)