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SOFIA (Bulgaria), July 18 (SeeNews) - Business software group SoftOne Technologies actove in Southeast Europe expects its turnover to exceed 20 million euro ($22.5 million) by the end of 2019, following two strategic acquisitions, its Bulgarian unit said on Thursday.
Greece-based SoftOne, which also operates in Bulgaria, Romania and Cyprus, expanded its business through the acquisition of Greek software providers Unisoft and Prosvasis which resulted in expanding the portfolio of the company SoftOne Bulgaria said in a press release.
The acqusitions increased the group's headcount to more than 300 employees and the number of its partners to over 600.
SoftOne Technologies acquired Prosvasis, a company specialized in providing software and training solutions for accounting firms, in May, following the acquisition of software company Unisoft concluded in February 2018.
SoftOne Technologies started operations in Bulgaria in 2015. The company, part of international investment group Olympia, has more than 47,000 customers in Greece, Bulgaria, Romania and Cyprus.
(1 euro = 1.95583 levs)