Novensys targets $7m turnover

Romanian IT solutions firm IT Novensys has announced it has signed a deal with Icelandic company Landsteinar Strengur to distribute a software solution for large stores in the retail sector of the Romanian market. Novensys has already signed a contract with one of the top three retail networks in Romania and plans to generate revenues of over 300,000 euros following implementation of the solution this year, Cezar Golumbeanu, sales and marketing manager with Novensys, told Ziarul Financiar. Novensys did not disclose the name of this customer, citing confidentiality clauses. The identity of the company will be made public in July when the new software becomes operational in its network. Meanwhile Novensys is in talks with two other companies, one from the retail sector, the other from the pharmaceuticals industry, Golumbeanu added. Globally, Landsteinar Strengur is one the main developers of IT solutions using Microsoft”s Navision technology. The company”s solutions are currently implemented in over 6,700 stores and used by 14,000 users in 130 countries. Its partner network comprises more than 100 dealers in 40 countries and its solutions are being used by approximately 92% of the store in the retail sector in Iceland. ZF