10 Apr Crescendo, 50% growth in 2007
Crescendo, one of the largest Romanian software and services companies, announced a revenue growth of over 54% last year compared to 2006, reaching a turnover of 11.7 million euros. In the same period, the company’s profit increased by more than 50% compared to 2006, partly due to the completion in 2007 of projects started in the previous year.
For 2008, Crescendo predicts an increase of about 30%, in the first two months of this year, the volume of activity was 28.5% higher than in the corresponding period of 2007.
The company approached new market segments, new solutions and services and increased its resale and software development in volume. A new direction in 2007, which continues in 2008, was for Crescendo and the development of its activity in several market segments: the oil industry, finance, banks, food and real estate.
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