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Fortech reaches more than 20 million Euro at the end of 2016 financial year

Fortech, a Western-Romanian software developer with a portfolio of over 140 clients, mostly from Germany and US, begins 2017 with a new leadership formula and a turnover of over 20 million Euro, the company announced.

2017-03-01 20:08:07

In the new formula, the company has an operations director, a commercial director and new positions in the fields of project management processes and quality.

The position of operations director is occupied by Suneel Sharma, with more than 20 years in IT^C sector. He joined Fortech in 2016 and will be responsible with the optimization of business processes, organization of software services distribution and the development of a nucleus in the area of project management, among others. The commercial director of Fortech is Marius Budiu, with 13-year experience in telecommunications and a strong background developed within Alcatel-Lucent's South-Eastern operations.

"After 13 years of presence on the Romanian market, we refined our business model and from a code developer, we grew into a supplier of a complex range of IT services, such as business analysis, IT architecture and more and more complex applications. In the past two years, we also doubled our capacity and grew from 300 to 600 employees and operations in three cities. For a company with 100 per cent Romanian DNA, reshaping the company structure is a big step but a necessary one in order to prepare the grounds for the next evolution stage," said Calin Vaduva, the CEO of Fortech.

The company has a turnover of more than 20 million Euro, 140 clients in its portfolio and three operation centers in Romania, at Cluj-Napoca, Oradea and Iasi. The comp any also gained new clients from Northern Europe, adding to the 20 counties where Fortech has business partnerships. By the end of the first semester in 2017, the company plans to hire over 20 programmers specializing in Java technology in Iasi and the investments reach several thousand Euro, the company said. Also, the objectives in 2017 consist in expanding the IT services supply in automotive and e-commerce, health and IoT.



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