about us | newsletter | contact | archive | members area
Andreea Paun, Griffes
In 2018, we will be delivering Unirii View»

TotalSoft to acquire Architected Business Solutions as part of its growth strategy

Business software solutions provider and integrator TotalSoft and Architected Business Solutions (ABS), a business management consultancy group based in Bucharest with solid international expertise in retail, technology and outsourcing services, have started procedures to acquire ABS and merge it with TotalSoft.

2018-01-10 11:31:27

As part of its growth strategy, TotalSoft aims to establish a new business unit focused on management consulting and further strengthen the existing retail and outsourcing services by integrating ABS team of 50 consultants and client portfolio. The combination of resources will provide added value to both local and international clients and further widen TotalSoft's business services offering.

"The acquisition of ABS and its merger with TotalSoft brings an infusion of know-how and valuable resources for TotalSoft, further contributing to our company's ambitious growth objectives in Romania and abroad," stated Onder Eren, CEO TotalSoft. "The vast expertise of ABS in international management consulting, as well as complementary outsourcing services, will provide an added value to our existing and future clients. At the same time, ABS' experience in retail consultancy and membership to Ebeltoft Group, the International Retail Experts network, further strengthens our offering and exposure for the retail segment."

Upon completion of the merger procedures, it is foreseen for ABS shareholders to have a 20% shares in TotalSoft.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  1178 Views
Daily Info
Romatsa buys insurance policy for 8.4 million Euro

Romatsa, the state company that manages the air traffic control activity in Romania, has purchased insurance policies worth 39 million RON (8.4 million Euro) for its employees...

Romania's new cars sales hit 10-year record

Sales of new cars in Romania rose by 27.8 per cent in the first four months of this year, to 51,853 units, a 10-year high, according to the Automotive Manufacturers and Import...

Employees in Bucharest, Cluj, Timis and Ilfov best paid in 2018

Employees in Bucharest and the counties of Cluj, Timis and Ilfov are the best paid this year in terms of net average monthly earnings. At the opposite end are employees in the...

BearingPoint reaches 560 employees in Romania

Dutch management and technology consultancy firm BearingPoint has reached 560 employees in Romania and plans to continue hiring, local Profit.ro reported.

Taxify Comfort launches in Bucharest to compete with Uber Select

Taxify is launching a new service in Bucharest for all its users, Taxify Comfort, which will include cars of a superior class compared to its regular service, such as Audi A6,...

 
 
   
advertising

advertising

advertising

advertising

advertising

More on