Endava Romania Reports 647.7 Million Ron Revenue In The Fiscal Year Of 2019, After Growing With 29% Yearly

Mihai Cristea 04/08/2020 | 15:56

Endava Romania, the British  software company present on the local market, with 7 delivery centers, reported a revenue of 647.7 million RON in the financial year that ended on 31 December 2019, a 29% growth compared to the previous year. The company also reported a net profit of 62 million RON 24% up from the previous year.

 

This growth was the result of continuously developing the existing delivery centers in Bucharest, Cluj-Napoca, Iasi, Pitesti, Targu Mures, but also by opening new ones, in Brasov and Timisoara, and developing new delivery capabilities focused on data, CRM and cloud.

The Romanian delivery teams are collaborating with clients from the payments and financial services area, TMT (Technology, media and telecom), FMCG, logistics, but also with most of the Endava’s global support services.

Starting with 2018 Endava became a strategic partner of Bain&Company, by combining Bain’s management consultancy services with Endava’s latest technology of enterprise delivery services and from 2019, Endava also became FinTech Alliance main partner.

On the local market, the company continues to focus on developing programs with the technology communities and to support the strategic partnerships created in the last couple of years with all the technical universities located across Endava’s delivery centers.

Since the Covid-19 pandemic globally arose, the company’s priority was to ensure health and wellbeing for all the employees and their families, working along with its clients to adapt to this new context, to secure the employees’ jobs and to back up the revenues in these times of crisis.

So far, almost 100% of Endava’s employees are working from home, as a result of excellent data infrastructure provided to all the cities in which the company is being present, and all the activities regarding recruiting, onboarding, and training are now taking place exclusively online.

 

Endava in Romania

 

Brașov, București, Pitești

“In this period, we have converged our efforts towards rapidly adapting to the disruption of the market created by the current pandemic, to enable our clients to make sudden changes to their business. In times of crisis, the companies which are adaptable and with a high level of professionalism in their field of work, handle this type of situations the best.

Endava is well equipped to offer services in this area, our offering being focused on digitization, agility, and automation; all these cantered on using the data coming from business processes. We offer solutions and help our customers identify the areas were technology can create extra efficiency, solve complex problems and contribute to innovation – thus creating competitive advantages in a difficult economic context”, declared Claudiu Constantinescu, Regional Manager Endava for the South-Western region of Central and Eastern Europe.

 

Cluj, Târgu Mureș, Timișoara

“Our main objective is to generate a positive impact in the organizations of our clients, in the communities in which we are a part of and at the same time to create growth and development opportunities for the people who join us in this endeavour.

We wish to strengthen the partnership with our clients and to help them in transforming their business and automating their existing work processes or in creating new business models by using technology, and as their businesses expand and become more successful, to grow together with them and build long-term relationships.

Regarding our employees, I am glad that a large part of those who have joined us have been recommended by our existing employees, the number of referrals increasing from the last financial year. We are constantly trying to create singular/diverse experiences and a positive environment for the colleagues joining us, which led to our positioning as an Employer of choice on the IT market in Romania. We are happy that there is a growing interest on behalf of IT specialists towards Endava and we believe that this is an outcome of the investments we make in the professional and personal development of our colleagues, but also of the local community. Education is the foundation of a better future and is one of the company’s priorities. At the same time, it is wonderful to feel the excitement of our colleagues for our involvement in charitable actions, and even more so for those actions in which they have the chance to assume responsibility and play an active part.

Our goal is to continue these investments – in our employees, in the innovation delivered to our clients, in the communities we are a part of, especially as we are passing through an unprecedented period of our near past. My desire is to get through this together, to offer security, stability, and confidence to our employees and clients, and for us to all be united in these moments”, declared Isabela Buhai, Endava Regional Manager for the North-Western region of Central and Eastern Europe. 

Endava is listed on the New York Stock Market and had a market valuation of 2.84 billion dollars on 3rd of  of August 2020.

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