“The increase in the percentage of turnover for Romania was the highest in the region, namely over 42 percent. The Romanian market has major potential, and this is why we decided that Capgemini will become a local subsidiary at the beginning of this year, no longer depending on and working through the Austrian office,” according to a declaration for Business Standard by Frank Wagenbauer, CEO of Capgemini Romania.
“The turnover for Romania and Austria – because until last year these were considered a single office, with activities in two countries – amounted to €30 million, to which Romania contributed significantly,” explained Wagenbauer. The company’s CEO is expecting this year’s rhythm of growth of the local subsidiary to be at least as sustained, of some 45 percent. Capgemini has been on the local market since 2005 and presently has 55 employees.
Its projects are mostly locally contracted, primarily for financial and telecommunications services, followed by production, retail and energy. “Recently, we have also been focusing our attention on the public domain, especially in terms of available European funds. The public sector makes up some 30-35 percent of Capgemini’s income globally,” added Wagenbauer.
Its main competitors on the local market are Accenture, AT Kearney, Roland Berger and BCG.
Capgemini: Business in Romania is highest in the region
Publicat la 28.02.2008, 22:00:00
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