SoftVision

Type
Business expansion
Country
Romania
Region
Location of affected unit(s)
Cluj-Napoca, București, Iași, Timișoara, Baia Mare
Sector
Information / Computing
62 - Computer programming, consultancy and related activities
62.1 - Computer programming activities
62.10 - Computer programming activities
400 jobs
Number of planned job creations
Job creation
Announcement Date
11 April 2016
Employment effect (start)
12 April 2016
Foreseen end date
31 December 2016

Description

Software company SoftVision is to hire 500 IT specialists in 2016. The company will reach an estimated 2,000 employees internationally.

About 400 new jobs will be created in the Romanian centres in Cluj-Napoca, București, Iași, Timișoara and Baia Mare where the company has 1,300 employees.

Update, 2 June 2016: SoftVision company, specialised in developing software solutions, merged with Paradigms Software International (SPI), one of the largest companies in the US, as part of the global expansion plans of the Romanian company. The new global group will be named SOFTVISION Paradigms International.

Sources

  • 11 April 2016: capital.ro
  • 11 April 2016: Wall-Street.ro
  • 11 April 2016: Bursa.ro
  • 11 April 2016: Ziarul Financiar

Citation

Eurofound (2016), SoftVision, Business expansion in Romania, factsheet number 86967, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86967.