Vodafone buys provider of car fleet monitoring solutions in Romania
<p>Vodafone Romania has completed the full acquisition of iSys Professional Ploiești, a provider of car fleet monitoring solutions operating under the iTrack brand, according to <a href="https://www.profit.ro/povesti-cu-profit/it-c/tranzactie-surpriza-vodafone-cumpara-in-romania-un-furnizor-de-solutii-de-monitorizare-a-parcurilor-auto-21941856?mc_cid=c194578e48&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank">Profit.ro</a>.&nbsp;</p>

<p>The company's services will be integrated into Vodafone's existing fleet management solutions, Profit.ro reported.</p>

<p>The shares were sold by Eduard Ion Pughin (60%) and Corvin Gabriel Pughin (40%), who are also the owners of Romanian computer systems manufacturer Maguay.</p>

<p>Founded in 2008, iSys Professional specializes in custom software development and has 46 employees as of 2023. The company reported a 41% increase in turnover last year, reaching RON 19.63 million, while net profit more than doubled to RON 4.37 million, a 118% rise.</p>

<p><em>iulian@romania-insider.com</em></p>

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