June 8 (SeeNews) - IT services and solutions provider SII Romania, part of France’s SII Group, said on Thursday that its turnover jumped by an annual 68% to 33 million euro ($35.4 million) during its 2022-2023 fiscal year.
SII Romania boosted its number of projects by 200% over the last three years and now employs 650 people, it said in a press release.
The company’s performance was driven by an expansion of its client portfolio, both locally and internationally, as well as an increase in the number of projects across both of its divisions – digital and engineering – which employ over 550 engineers.
“By adopting a well-defined strategy and focusing on the needs of our clients, we managed to record a steady growth in demand and consolidate our position as a strategic supplier of It services and solutions for leading multinational companies in various top industries,” Manel Ballesteros, CEO of SII Romania, said.
SII Romania focused on developing areas and industries in which it has already established its presence, such as IT, banking and finance, manufacturing, energy, telecommunications, automotive, transportation, as well as aerospace and defence.
Approximately 72% of SII Romania’s current projects are local, while the remaining 28% are international. The company’s project portfolio expanded both locally and at the group level, which enabled access to over 12,000 software engineers collaborating with SII branches in France, Switzerland, Germany, the UK and Belgium.
SII Romania is targeting continued growth during the 2023-2024 fiscal year, estimating revenues of 40 million euro, supported by the development of its project and client portfolios, both locally and internationally. The company is also eyeing a strategic territorial expansion in Romania, in accordance with its development objectives, while considering available talent resources and client proximity.
SII Romania plans to attract an additional 100 specialists into its workforce, reaching about 750 employees by April 1, 2024 and 1,000 over the next three years.
Established in 2009, SII Romania is providing software development (digital and engineering) and IT outsourcing services.
($=0.9321 euro)