EXE Software: We are ending the year with a turnover of 3.8 million Euro; 80% of our business revenue comes from international clients

11/12/20191 Minutes

“During the first months of the year, our turnover reached 3.1 million Euro, which means a 6.7% growth compared to the same period of time in 2018.”

The local company EXE Software, specialized in software development, estimates it will finish the year with 3.8 million euro turnover, more than in 2018, when the business reached 3.5 million euro. Thus, the Romanian company is maintaining its growth rate at 8%, and as same as last year, the majority is due to international projects.

“At the moment, we have 54 active clients and over 80% of our turnover is due to foreign companies. However, we have been noticing an increase in the value coming from local customers, as compared to last year”, said EXE Software CEO Sorin Cosmescu, who manages the company together with Gabriel Cosmescu and Razvan Udrea.

The company, launched in 2001 in Bucharest, provides custom software development services and consultancy, and outsources technical support. Besides that, EXE Software is also working on its own products, applications dedicated to merchandising, marketing or sales.

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