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Luxoft Professional Romania SRL (Romania)

Main Activities: Computer Systems Design and Related Services
Full name: Luxoft Professional Romania SRL Profile Updated: April 12, 2022
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English Download a sample report

ITC Networks is an IT company in Romania, which has the object of software development outsourcing for telecom. It was founded in 2000 with an initial investment of $ 200,000. The majority of shares of the company (95%) was purchased in 2008 by the Russian company Luxoft for approximately $ 50 million. The company belonged to the transaction, Doru Mardare (25%), another Romanian citizen - Gregory Smith (25%) and the remaining percentage was for a Romanian emigrated to Canada, Henri Balter - former program manager in Ottawa, Nortel Networks and his company, MG Global Resources Holdings Inc.

Headquarters
Strada Dimitrie Pompeiu Nr. 5-7
Bucharest; Bucharest;

Contact Details: Purchase the Luxoft Professional Romania SRL report to view the information.

Website: http://www.romania.luxoft.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Ratings:
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Incorporation Date:
September 24, 1998
Key Executives
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Administrator
Ownership Details
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99.997%
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0.003%
Subsidiaries
Company Performance
Financial values in the chart are available after Luxoft Professional Romania SRL report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net sales revenue
3.22%
Total operating revenue
3.25%
Operating profit (EBIT)
-1.11%
EBITDA
2.96%
Net Profit (Loss) for the Period
-17.93%
Total assets
-23.02%
Total equity
-30.24%
Operating Profit Margin (ROS)
-0.43%
Net Profit Margin
-1.92%
Return on Equity (ROE)
3.64%
Quick Ratio
-2.06%
Cash Ratio
-0.02%

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