Kapsch Expands in Romania

Businessn.a. ♦ Published: February 3, 2012; 12:57 ♦ (Vindobona)

The Austrian toll system supplier Kapsch has purchased the Romanian IT service provider Squario Management s.r.l. At the same time, Kapsch has strengthened its presence in a central CEE market.

Kapsch Expands in Romania / Picture: © Vindobona.org

"With the most recent purchase, we are now even more attractive to banks, insurance companies and numerous Austrian companies who are already successfully active in Romania," explains Jochen Borenich, MBA, managing board member of Kapsch BusinessCom AG regarding the expansion into the Romanian market. "Squario fits perfectly into our portfolio. We will also continue to invest in Romania…

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