Romsoft Iasi looking for expansion opportunities to Europe

Iasi-based IT solutions provider Romsoft is staking on a rise of 15-20 percent in turnover on 2009, as against 3 million lei (725,000 euros) reported one year ago.

The company has been participating for the past six years in the IT fair CeBIT, being present in this year’s edition, alongside a delegation of the Ministry of Communications.

‘Our goal was to extend to the European markets. We are holding talks with an institute of microelectronics from Germany, which might materialize in commercial contracts or research collaborations,’ said Dorin Cristea, one of the company’s shareholders, cited by daily Ziarul Financiar.

Romsoft reported turnover worth 2.2 million lei (531,000 euros) in 2007 and an error margin of 17 percent.

The company will develop mainly medical software but also CRM solutions (customer relationship management) or Sales Force Automation). Romsoft was established was established in 2001 by Dorin Cristea and Nicu Popescu, each with a 50-percent stake.

The company has 27 employees.

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