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TMF Group acquires UCMS Group for an undisclosed amount

TMF Group – a 17 year-old company in outsourcing services market in the country, announced the acquisition of UCMS Group, a supplier specialized in human resources outsourcing services for an undisclosed amount.

2016-06-09 15:49:02 - by Bogdan Tudorache

With the acquisition of the local branch of UCMS Group, Romanian TMF Group strengthens its market position in outsourcing services providers, increasing its portfolio and team, reveals a release.

UCMS Group is a multinational organization with direct operations in Hungary, Poland and Romania and has a network of partners throughout the region. Previously known in Romania as the Work Solutions, the company was founded in 1996 in Cluj-Napoca. Two years later, it opened an office in Bucharest, and in 2012 opened a BPO center in Craiova.

UCMS Group has focused on delivering HR services and payroll, supported by dedicated software technology - UCMS HR & PAY. The application, developed and improved continuously, is among top HR and payroll solutions in the market and supports more than 500 companies in the country.

"Since the entry into Romania, TMF Group has developed continuously, we innovated, we have created new services, we have launched studies to better understand our customers' needs and we have adapted to new economic realities. For us it is important to deliver services to our clients that take the pressure off the shoulders and allow them to better focus on their core business. We are sure that now, with a team of 200 professionals and enhanced expertise, we will be even stronger partner for existing and future customers," said Camelia Nita, TMF Group Romania's managing director.

With 300 employees across Central and Eastern Europe, 550 clients serviced in 26 countries, 1 million payslips per year, over 36,000 users of portals HR and 125,000 calculations monthly salary made by customers on a UCMS software, the group is well-known for its technological capability in providing effective payroll, human resources and accounting for legal entities.


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