Novensys in Mass Media

Partnerships arise Novensys businesses

20.03.2008

Information management solutions provider, Novensys aims this year a 18-20 millions euro turnover, 51% increase in comparison with the level reported last year, on the background of solutions and partnerships development, announced the officials of the company.

The company registered last year a 11.8 millions euro turnover, with 51% higher than the result from 2006. „Taking into consideration that 2007 was a strategic year, when we redefined the entire business strategy and we invested very much in the organization, a 51% turnover increase is more than satisfying. Practically, we redefined the company products and solutions portfolio.Taking into consideration that the strategy we`ve adopted has already started to have results this year, we are expecting a much realistic turnover, in comparison with last year expectations horizon", stated Cezar Golumbeanu, Managing Partner Novensys.

According to him, the company intendes to extend the activity at regional level, especially in countries from West Europe, in the second quarter of the year. By the end of 2009, Novensys estimates a 30 millions euro turnover. Over half of the company solutions portfolio was represented at the end of the last year, by equipments and consumables, while software solutions have cumulated over one third, and services almost 10%. Novensys provides information management solutions, granting in the same time business consultance as implementation, support and maintenance. The company has over 140 employees working  in the headquarter and the three branches from Brasov, Cluj and Timisoara.

Novensys competes on the romanian market with Brinel, TotalSoft, LLP. The IT market is estimated to arise this year with 11%, a decreasing rithm comparison with 2007, according IDC. Novensys shareholders are ICB Investments Fund which has 33%, and business men Andrei Stefan Caunii, Cezar Florin Golumbeanu, Robert Florin Cristea with 22% each, and George Bogdan Dumitrescu with 1%.

Target

Novensys estimates will reach a 30 millions euro turnover, by the end of 2009.