Romanian software company TARA Interactive posts turnover of 4 million RON, up by 65 percent in 2021

Romanian software development company TARA Interactive ended the year 2021 with a turnover of over 4 million RON, increasing by 65 percent ​​compared to the previous year.

“In 2021 we had a good evolution in the projects carried out in the segments of fintech and automation, eCommerce, and complex custom developments, which had web, desktop and mobile application components. We estimate for 2022 at least a doubling of turnover, given the context in which we find ourselves, namely that we have an explosion of the need to use digital products in the internal processes of companies, for automation and cost optimization, as and for the interaction they have with their customers, says Vlad Lepadatu, Managing Partner at TARA Interactive.

TARA Interactive has budgeted investments of 500,000 Euro for this year, double compared to last year. They aim to increase their presence in the international software market, in particular by expanding their client portfolio in the US and Western Europe, doubling the team to 70 employees at both the Bucharest and Chisinau offices.

The company will focus this year on better coverage of the fintech, eCommerce, logistics and retail industries, with a focus on the areas of process automation, robotics, artificial intelligence, and Big Data information processing.

Regarding the evolution of the industry, TARA Interactive estimates a faster advance of the software market in 2022, against the background of higher investments, as a result of the market entry of European funds.