“Software export marches happily on the boulevard of economic crisis” – by Daniel Catana, article in Capital

misoft systems expressed it’s opinion on how the economic crisis can affect the IT market in Romania and presented it’s approach for 2009 in an article publishes on April 8th, 2009, in Capital, a well known financial magazine in Romania.

“In spite of the current context, we believe we could be the ones to benefit from the changes and contradictions in the european economies”. Iulian Iuga, managing director, misoft systems

The article, “Software export marches happily on the boulevard of economic crisis” signed by Daniel Catana presents the evolution of the IT market in Romania in the context of the economic crisis. The short interview with Iulian Iuga, the managing director of misoft systems discusses the development plans of the company for 2009 and the way the company looks at the economic crisis.

Although the recession is affecting an increasing number of industries, software companies stay optimistic. “Until now, we hadn’t really felt the effect of the economic crisis, because we have long-term contractual engagements with our partners, which means the continuity in our activity was not affected. Even so, keeping this shortage of investment in IT for too long can bring unwanted effects in the next year. We are still optimistic and hoping for a slow comeback of the economy in the second half of 2009″ says Iulian Iuga who founded misoft systems in Cluj in 2004 and closed 2008 with a revenue of 450,000 euros. “At this point, our team has 23 members and we intend to hire 7 more people by the end of the year. We plan on opening a new branch in Germany and an operational office in Suceava.”

Source: misoft
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