Google-rewarded software developers reach 10m euros

Romanian-German company iQuest, a producer of software for companies, which also has a division of smartphone applications, targets 330 employees by the end of the year, up 27% against 2009. The company had 260 employees last year and around 70 more people have been recruited in 2010.
"The IT sector continues to grow even in a difficult economic, fiscal and legislative context. After a 5% decline in the number of employees in 2009, this year we can talk about a rebound and even a slight increase. Professional skills and experienced people continue to be in great demand, only now they are harder to find," Marcel Anghel, iQuest's organisational development manager told ZF Transilvania.
The company ended the first half of the year with a 5 million-euro turnover, up 11% on the similar period of last year, especially thanks to the new software solutions for the Romanian market.
For the second half of the year, iQuest targets a 15% turnover growth compared with the first half of 2010, to around 5.7 million euros. The company is headquartered in Germany and holds two software development centres in Cluj-Napoca and Braşov.
iQuest stepped into the global spotlight in December 2009, after Google rewarded TripJournal, an application for mobile phones created by the Cluj company, which runs on Google's Android operating system.