SIVECO Romania

Adapted from the English Wikipedia article SIVECO Romania, available under CC BY-SA 4.0Updated 20 July 2025

SIVECO Romania stands as a prominent developer of business software, with its main office located in Bucharest, Romania. It ranks among the leading software integrators throughout Central and Eastern Europe. In 2013, the company achieved revenues amounting to EUR 89 million. Its portfolio includes the creation and export of enterprise software solutions alongside high-value consultancy services, serving clients across the European Union, the Middle East, North Africa, and the Commonwealth of Independent States. Key markets encompass UAE, Kuweit, North Macedonia, Egypt, Azerbaijan, Morocco, Lebanon, Cyprus, Turkey, Kazakhstan, and Bulgaria. Additionally, SIVECO administers more than 20 projects commissioned by European Commission entities.

Focusing on major corporations and governmental bodies, SIVECO Romania delivers sophisticated IT projects with expertise in sectors such as eLearning, eHealth, eAgriculture, eCustoms, and eBusiness, operating both within Romania and internationally.

In 2005, Intel Capital together with Polish Enterprise Fund V (PEF V), overseen by Enterprise Investors, purchased a combined stake of 32.5% for $12 million. Present ownership is distributed among Siveco Netherlands B.V. (42.2%), PEF V (22.5%), Intel Capital (10%), and SIVECO Romania’s Management Team (25.3%). Although it remains a privately owned entity, SIVECO Romania intends to pursue an initial public offering to broaden its market reach.