March 9 (SeeNews) - Romanian custom software developer We as Web said on Thursday that it expects a 21 million euro ($22.1 million) turnover and expansion of its team to over 500 staff in 2023.
The targets for the current year include a 4.2 million euro annual profit increase, as well as expansion to new regions, following the recently opening of new offices in Albania, Serbia and Turkey, We as Web said in a press release.
“We have set ambitious goals and we will continue our expansion, both geographically, through new offices aimed at attracting local resources or opening new sales markets, and as a team and through skills that we can always make available to our clients,” Gabriel Zahan, CEO of We as Web, said.
We as Web provides services to companies in Romania, Germany, Ireland, France, Austria, the UK and the U.S. In the short and medium term, the company plans to open offices in Germany, the UK, the U.S. and Nordic countries.
Locally, the company is present in the Romanian cities of Cluj-Napoca, Bucharest, Craiova, Brasov, Iasi and Timisoara, as well as in Moldova’s Chisinau.
In 2022, We as Web booked a net profit of 2 million euro, on a 10 million euro turnover, with a team of over 350 IT professionals.
We as Web was founded five years ago as a product-oriented company and since 2021, its activity has been focused on providing outsourcing services in software development, including team and staff augmentation.