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Company news
2 May 2018

2017 annual report published– 13% revenue growth and 60% profit growth

Wirtek has just published the annual report for 2017. Revenue shows a growth of 13% compared to 2016 and profit before taxes (EBT) increased by 60%. The cash position continues to be strong and Wirtek has no debt. The Board is satisfied with these results.

Wirtek is continuing its focus on offering value-adding nearshore outsourcing services within software development and product testing to our customers. With the opening of the new development- and test center in Bucharest during Spring 2017 the expectation is that revenue will grow by 17% – 24% during 2018.

The full financial report for 2017 is available for download here (in Danish).

 

About Wirtek

Wirtek A/S is a Danish consultancy services company with strong competences in outsourcing of software development product testing services. We provide our customers with flexible services of high quality at competitive prices from our Development and Test Centers in Romania. Our competencies include web-based solutions and portals, mobile solutions as well as embedded systems. Wirtek focuses on building long-term customer partnerships and a win-win relation that creates added value for our customers.

Since 2001, we have been teaming up with many companies to help them create great software solutions and electronic equipment products.

Several clients have been with us for 10+ years, so we can confidently say that in outsourcing, the quality of the relationship matters just as much as the quality of the delivered software. Our clients get state-of-the-art technical solutions and a committed team that works with them, as if it were their own.

Wirtek has offices in Denmark (HQ + sales) and four development and test centers in Romania, and we are 180+ colleagues. Wirtek was listed at Nasdaq First North Growth Market Denmark in 2006.

About Author Wirtek is a Danish tech company with 25 years of experience, specialising in three core domains: energy, connectivity & automation and digital engineering. We build, connect and operate digital solutions through software development, Internet of Things (IoT), quality assurance and ready-made products. Founded as a Nokia spin-off, we combine deep know-how with EU compliance to partner with companies on their journey to modernise systems and extend capabilities while reducing risk. Since 2022, we have focused strongly on shaping solutions that power the sustainability transition.

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