As a part of the local software development history, established in Cluj-Napoca, Transylvania, Romania, SOFTECH is committed to deliver excellence across the full life cycle of software development. As a Romanian software company, we have been on the market since 1998, providing high quality software development services to global customers.
In the following pages, you will discover how our business has grown slowly but steadily, both in numbers and people. Following an organic growth strategy, we have managed to build strategic partnerships with our clients and develop a portfolio that is complex and innovative.
SOFTECH Company History – Milestones
1998 – 2008
In a post-communist environment, nine years after the Civil Revolution in Romania from December 1989, the young software engineers who were part of the initial team set up SOFTECH ltd. One of the first software development contracts was signed with one of the largest German technology companies. It turned out into a decade BoT (build-operate-transfer) project.
In parallel, the team started to diversify its project portfolio acquiring software development assignments in the field of professional media, architecture, building and construction and B2B Logistics.
Thus, by the end of 2008, the team reached a number of 50 full-time employees.
2009 – 2011
The winter of 2008/2009 was the moment when Governments and experts openly recognized the Global Financial Crisis that spread across the world in stages. With customers in Western Europe and the USA, SOFTECH was also hit hard by the economic phenomenon. In 2009, the owner had to take some dramatic measures to keep the team on board and make sure that wages were secured.
Consequently, it was in those times that the management acknowledged the need for a concrete marketing strategy and plan. One of the first steps was to actively promote its’ software development services for export, as an attractive outsourcing location. The initiative resulted in the establishment of a more diverse projects portfolio, including color industry, marketing services and mobile technologies. On the other hand, the growing need for skilled human resources led to the opening of a new office in Odorheiu Secuiesc (in 2010) and to the launch of the Codespring Mentoring Program. The latter was done in partnership with the elite university from Cluj-Napoca: Babeș-Bolyai Univeristy.
2012 – 2016
In the following years, the team focused on improving long-term customers’ satisfaction, on consolidating the technical lead roles, on fine-tuning the process of acquiring new customers with new projects and on securing a healthy retention rate. Therefore, the new verticals of this period were banking and finance, industrial devices, mobile technologies and the IoT projects. At this point, the results were showing up: a turnover of EURO 2 M, with a team of +75 people.
2017 – 2020
SOFTECH followed its organic growth strategy and beautifully embraced new sectors such as smart communications, energy management, home appliances. The business flourished, reaching a turnover of EURO 4.9 M and a team of +120 people. The international recognition was not late to appear: SOFTECH was included in the Financial Times 1000 – Europe’s Fastest Growing Companies list at the beginning of 2020.
On March 15, 2020, the COVID-19 pandemic forced Romanian Government to, officially, declare the state of emergency too. The company was prompt to adjust to the new situation with remote work possibility and a careful approach to the team’s well-being and state of mind.
2021 – 2024
The post-pandemic period in Q2 of 2021 materialized with a tempered back-to-the-office strategy. Nevertheless, the high-quality of the teams’ software development services was publicly recognized during Romania’s IT Industry Excellence Awards by ANIS. Here, SOFTECH won the “Software Outsourcing Project of the Year” Award – for the development of a multiplatform complex management system. It features an infrastructure providing high availability, high connectivity, high performance and high scalability.
In 2022, the company has opened a new office in Târgu-Mureș, thus counting three software development offices in Transylvania.
In 2023, SOFTECH was celebrating 25 years of existence and was happily counting +170 team members who enjoy being part of a unique community.
In June 2023. SOFTECH Ltd. was listed in Forbes Romania’s 2023 Champions League,. It is the list of all those companies in Romania that recorded continuous growth and profit over a period of 10 years!
2023 was officially confirmed by Ziarul Financiar (major national publication) as the best year in the history the company.
In May 2024 one of SOFTECH’s project was shortlisted for the Best Customer Centric Initiative 2024 Award