TotalSoft plans expansion abroad

Local enterprise resource planning software provider TotalSoft should maintain its one million dollar yearly growth rate, as it estimates that its 2004 turnover will stand at $5 million, compared with $4 million last year. “We sealed $2.5 million in contracts in the first half, which is in line with our $5 million estimates for the entire year,” Liviu Dragan, TotalSoft’s chief executive told Ziarul Financiar. Turnover in 2002 stood at $3 million. “We are making international expansion plans. We started looking abroad in 2002, after we won major projects, such as Medicover International and Portum Germany. We performed the first implementation of the Charisma application abroad in May 2004,” Dragan added. Operating on the domestic market for ten years now, TotalSoft provides Romanian and multinational companies with its ERP suite Charisma and is the sole dealer of the Primavera project management solution. ZF