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Slovenia Business Week no. 51: S&T Hermes Plus Expands in Croatia

Slovenian information technology company S&T Hermes Plus has acquired Croatian computer networking company InfoNET projekt

Slovenian information technology company S&T Hermes Plus has acquired Croatian computer networking company InfoNET projekt, thereby strengthening its market position in the country, the company said on Tuesday, 13 December.

S&T Hermes Plus expects its Croatian subsidies to generate EUR 20m in revenues in 2005, while the number of its employees in Croatia is to rise to 110 over the mid-term.

S&T Hermes Plus, owned by Austria's S&T, is one of Slovenia's leading system integrators. It specialises in consulting, training, software development, implementation of IT solutions and maintenance.

Source: Slovene Press Agency STA

Author: STA