07.27.2017

Romania’s Competition Council fined two IT companies a total RON8 million (nearly EUR1.75 million) for rigging a public acquisition procedure organized by the agriculture paying agency APIA in 2008 more

12.09.2014

European Commission selected a consortium including software company Siveco Romania to provide IT services worth approximately EUR100 million for a four-year period, the company said Tuesday. more

10.14.2014

Siveco, Romania’s biggest software producer, has seen its public reputation shattered in one month after the detainment of Irina Socol, its co-founder and chief executive officer, and the link with more

09.19.2014

The board of software company Siveco Romania has appointed Florian Gabriel Ilia to the position of general manager, replacing Irina Socol, arrested on September 9 on charges of tax evasion. more

09.18.2014

Irina Socol, CEO and shareholder of Romanian software developer Siveco Romania, remains under arrest on charges of tax evasion, the Bucharest Court of Appeals ruled Thursday. more

09.09.2014

Irina Socol, CEO and shareholder of Romanian software developer Siveco Romania, was detained by prosecutors Tuesday in a tax evasion case. more

01.17.2014

The management of software developer Siveco, who has recently bought back the shares owned by private equity firms Intel Capital and Enterprise Investors, believes the company has the potential to more

01.13.2014

IT software developer Siveco Romania announced the appointment of Mihai Tudor, former chief commercial officer for business segment at telecom operator Romtelecom, as its new vice-president commercial more

01.09.2014

Siveco Romania management redeemed the full 32.5% stake from private equity firms Enterprise Investors and Intel Capital in order to self-evaluate the assets and the experience developed, Irina Socol, more

01.06.2014

The management of software developer Siveco in November last year completed negotiations with private equity firms Intel Capital and Enterprise Investors to buy back 32.5% of its shares. more

10.30.2013

The manager of software developer Siveco is in final negotiations to buy back the 32.5% stake held by investment funds Enterprise Investors and Intel Capital, say market sources. more

10.14.2013

IT software developer Siveco Romania on Monday said it opened an office in Turkey’s capital city of Ankara, as a result of intensified commercial activities in the country. more

04.16.2013

IT software developer Siveco Romania registered turnover of EUR80 million in 2012 and exports contributed some 30% of the total, company representative Costel Todor said Tuesday. more

12.17.2012

IT software developer Siveco Romania and National Bank of Moldova Monday announced the expansion of the computerized system for bank reporting, by developing over 50 new types of reports with more

10.22.2012

IT software developer Siveco Romania had a market share of 24.8% on the enterprise application software – EAS segment at the end of 2011, up 1.6 percentage points on the year, said the company, more

10.17.2012

IT software developer Siveco Romania expects 10% higher revenue in 2012, from EUR67 million last year, according to Doina Bining, the company’s strategy vice-president and Chief Operating Officer more

06.11.2012

The development of Siveco from a startup that used to test software developed in India for a French company into a business with operations in 19 countries and revenue estimated at EUR78 million more

01.25.2012

IT software developer Siveco Romania estimates a 15% increase in its sales to EUR77 million in 2012, on higher exports, general manager Irina Socol said Wednesday. more

01.25.2012

SIVECO, the largest Romanian software developer, at the end of last year opened a representative office in Dubai and plans to tap 10 more international markets this year, Irina Socol, president and more

01.10.2012

IT systems provider Siveco Romania on Tuesday reported sales of EUR67 million for 2011, up 11.7% from EUR60 million in the previous year. more

12.07.2011

Siveco, the largest local software developer, has doubled the number of employees in the past year, so it now has 1,200 people working for it. more

10.18.2011

Computer solutions supplier Siveco Romania may float stock within the next five years on a Romanian market, either in Bucharest or in Sibiu, the company’s general manager Irina Socol said Tuesday. more

08.24.2011

Siveco, the largest software company in Romania, with a turnover of EUR60 million in 2010, intends to increase exports, so that half of its sales to be made abroad in a few years’ time. more

08.23.2011

IT solution provider Siveco Romania has hired 380 people since the beginning of the year, due to the large number of projects it is carrying out locally and on international markets, the company said more

06.20.2011

Siveco, the largest Romanian software company, is recruiting further and will reach 1,000 employees this year after having won international projects. The company had 650 employees at the end of 2009. more