In the news

Zitec, one of the main Romanian producers of online applications, with EUR 4 million turnover in 2017, opened its first office in Brasov and is planning to open by the end of the year 20 staff, including beginners.

Are you managing a team of creative people? Is this difficult for you? We discussed the art of managing a creative team with Alexandru Lapusan, the founder of Zitec, a primary local developer of online apps that only recently managed to attract EUR 1.7 million from eMAG to boost its development.

Zitec, one of the main local developers of online apps, attracted an investment of over EUR 1.7 million from eMAG, which will accelerate its expansion on the market. The company is planning to increase its team, open offices outside of Bucharest, and the creation of a department specialized in attracting EU funds and grants, as well as kickstart activities aimed at growing the European and US client portfolio.

The company creates, in partnership with the Institute of Space Sciences (ISS), a laboratory prototype. After the validation and testing of the technology in the laboratory, Zitec is planning for the future to extend the production of devices intended for outer space

Online applications local producer Zitec estimates that, so far, their Regista solution, a complete application providing online document management is used by 128 city halls in 28 counties in Romania.

The American start-up Zipongo, in which Romania app maker Zitec holds a minority stake, has raised USD 18 million in a new financing round. The Silicon Valley-based company has been able to attract USD 28 million up to now to finance the development of various apps in the nutritional area.

Zitec, the Romanian developer of online applications, has announced the acquisition of Inotec, a company providing web-design, development and digital marketing services, for an undisclosed sum, in a bid to grow its operations. The IT company took over the team and the portfolio of Inotec, which registered a turnover of EUR 300,000 last year. Zitec said that its plans for new acquisitions are ongoing.

Romanian software company Zitec estimates a year-on-year increase of 70% in turnover this year and a team of 130 employees, according to Alexandru Lapusan, the company’s manager, cited by local Hotnews.ro.