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Outsourcing News : Article

Three Romanian companies report high growth rates

Arobs Transylvania Sofware, TeamNet International and Lasting System registered the highest growth rate in the Romanian IT market

Arobs Transylvania Sofware, TeamNet International and Lasting System registered the  highest growth rate in the Romanian IT market, they were included in a classification of the companies with the highest growth rate in Central and Eastern Europe, made by Deloitte consultancy and auditing company.

Arobs Transylvania Software, one of the most important developers of software for mobile applications, reported a growth rate of 2,722% in the past five years, it ranks fifth among the most rapid companies in Central Europe.

The company reported in 2007 business worth five million euros, and for 2008 it expects its turnover to double, due to the dynamics of the three business lines, i.e distribution of GPS navigation systems and smartphones with GPS, development of software solutions for the domestic market and development of outsourcing software solutions for customers from Romania and abroad, according to representatives of the company.

Read entire article on Financiarul.ro

Posted: Tuesday, October 21, 2008

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