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Sunday, December 16, 2007

Romsys bought by New Frontier Holding

Romsys is a major System Integrator in Romanian Market and SAP partner. In 2006 reported 25.8 mil Eur as a sales figure (20% less than 2005). Main customers are gaz and energy distribution companies like EON Gaz Romania, Distrigaz Sud, Hidroelectrica, Electrica Dobrogea, banks: ING, BRD, UniCredit, etc... Also, Romsys is one of the main IT suppliers for the military sector... Marius Cojan has now about 25% of the companies shares and he said that the main focus will be on the middle and large companies. Besides this transaction, this year there were many investments fonds that got a bigger or smaller pack from the local software companies' shares.

Horia Negulescu - senior country manager at Epicor Software Romania gives up his position for managing events

I had the opportunity to meet Mr. Negulescu at a meeting. As almost always he came there directly from the airport and he seemed to have experience in doing such things: airport - business meeting - other meetings at his office / work - back on the plain and so on...
This kind of life really affects your family life. You are almost never around....
So after 11 years with Epicor he declared for Business Standard:
Fiecare are nevoie, din timp in timp, de o schimbare. Eu am simtit aceasta nevoie dupa 11 ani. Am mai multe planuri, dar toate la timpul lor. Deocamdata, vreau sa aloc un Pic mai mult timp familiei si celor doi copii ai mei
and the translation (hopefully accurate):
Every man needs from the to time a change. I felt this need after 11 years. I have many plans, but every things has its time. For now, I want to dedicate more time for my family and my two children...
I wish all the best for his new path... His place was taken by.... Diana Lungulescu (ex: sales and marketing manager) ... This came as a suprize for me... Congratulations for her new position at Epicor! Another thing I found interesting in the article was the fact that the main players in Romanian Business Software market are: SAP, Oracle, Siveco and Wizrom... I understand SAP, Oracle has some large clients, but Siveco? (maybe the contracts with the government got this position for them) and Wizrom ?!?! I don't quite understand this...