Romanian companies have started buying software with European money and should the trend maintain the domestic IT applications and services market is set to rise, says Valentin Tomşa, country manager with SAP Romania, the domestic subsidiary of the world's biggest business software producer.
"We've already started signing such projects and we had the first firms sealing contracts with SAP on European funds last quarter. This means that after two years the market has started moving in this direction. Should the state further encourage European fund absorption, the trend will be positive," Tomşa told ZF in an interview. He chose not to provide details about the companies that funded the implementation of a SAP system with European money.
About the issue, the SAP boss also said the main hurdle in getting European funds, and that needs to be cleared by the state, is the too high red tape.
Germany's SAP sells applications allowing companies to manage their resources. SAP Romania's 400 clients include firms such as Apa Nova, Petrofac or Leonardo.
The company expects domestic turnover to go up by 10-15% this year. In 2009, the company posted 1.7m-euro gross income amid 13.3m-euro turnover.
Romanian companies have started buying software with European money and should the trend maintain the domestic IT applications and services market is set to rise, says Valentin Tomşa, country manager with SAP Romania, the domestic subsidiary of the world's biggest business software producer.
"We've already started signing such projects and we had the first firms sealing contracts with SAP on European funds last quarter. This means that after two years the market has started moving in this direction. Should the state further encourage European fund absorption, the trend will be positive," Tomşa told ZF in an interview. He chose not to provide detail
