Kapsch expands in Romania: Purchase of the Oracle partner Squario IT Solutions strengthens the local offering in an IT growth market.
Bucharest / Vienna, 3 Feb. 2012 – As part of the growth strategy of Kapsch BusinessCom, the company is now taking the next step in Romania: Effective immediately, Kapsch has purchased the Romanian IT service provider Squario Management s.r.l.. Kapsch has thereby expanded its local offering, particularly in relation to Oracle products. At the same time, Kapsch has strengthened its presence in a central CEE market. Just shortly after concluding the purchase, the first shared business success was already achieved with Romgaz S.A., the state-owned natural gas company.
“Kapsch BusinessCom is the leading ICT service partner in Austria, Central and Eastern Europe. With the most recent purchase, we are now even more attractive to banks, insurance companies and numerous Austrian companies who are already successfully active in Romania,” explains Jochen Borenich, MBA, managing board member of Kapsch BusinessCom AG regarding the expansion into the Romanian market. “Squario fits perfectly into our portfolio. We will also continue to invest in Romania in the coming years since the country offers tremendous growth prospects for the IT market.”
The Oracle partner Squario IT Solutions offers a broad spectrum of project management, integration and implementation services for realizing complex solutions. Both as prime contractor and in cooperation with partners, Squario has already realized projects in the industries of oil and gas, finance and banking as well as the public sector. The company’s focus lies on Oracle solutions. In addition, Squario IT Solutions has in-depth experience in application management for large Oracle implementations. Software standards such as ERP, CRM and BI are supplied by a local Squario consultants team, supplemented by the company’s own development and middleware integration.
As part of the purchase, Kapsch is absorbing the staff of Squario IT Solutions, thereby expanding to a total of more than 60 employees in Bucharest.
Kapsch BusinessCom AG – a company of the Kapsch Group – is a leading ICT service partner in Austria, Central and Eastern Europe with over 1,200 employees and annual sales exceeding 200 million euros. Embedded in the Kapsch Group, Kapsch BusinessCom is active worldwide with its own offices in Austria and subsidiaries in the Czech Republic, Slovakia, Hungary, Romania and Poland.
Kapsch has positioned itself as an ICT service partner offering a complete solution portfolio covering the areas of information technology as well as telecommunications. In addition to system integration and continuous optimization measures, Kapsch BusinessCom is increasingly taking on responsibility for the entire area of operations. Kapsch BusinessCom relies on manufacturer independence and partnerships with globally leading technology providers, such as Aastra, Avaya, Cisco, Google, Hitachi, HP and Microsoft.
In concert with these partners Kapsch offers its services as a consultant, system supplier and service provider, but above all as a reliable, dependable, long-term trusted advisor in a rapidly changing technological environment. Kapsch BusinessCom always generates clear added value for its over 17,000 customers.
Further information: www.kapsch.net
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