Austrian group S&T, the biggest provider of IT services inCentral and Eastern Europe, could reach 100 million euros inbusiness in Romania in three years' time, as local companies resumeinvestments in technology, as well as through regionalprojects.
"Unless a new economic collapse occurs, in three years' time wewill definitely reach a 100 million-euro turnover in Romania. Lastyear S&T Romania's turnover stood at slightly less than 60million euros," Thomas Streimelweger, CEO and founder of the group,told ZF in an exclusive interview.
The S&T group, the only IT provider with an extensivepresence in Central and Eastern European countries, last yearposted 411 million euros in turnover and is the biggest player inits field on the Romanian market.
Streimelweger bases his optimistic estimates about theprogression of the Romanian business on the group's strong positionin the region - an advantage when it comes to gaining internationalclients with operations in Central and Eastern Europe, as well ason the fact that "inevitably" both the Romanian state and localcompanies - from banks and telecom operators through to productioncentres - will invest increasingly more in IT.
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