Cegeka Romania: Over 62 million euros turnover in 2024, nearly 4% growth from the previous year

This increase came despite a challenging and uncertain economic climate, as well as the removal of tax benefits in the IT sector, which created numerous obstacles for companies in the industry.

"2024 was a tough year for the IT industry, and this was felt across the board, from markets and budgets to decision-making. It was a year of readjustment, where all IT companies had to adapt. At Cegeka Romania, we also went through a repositioning and transformation process. We recalibrated our development strategies and put a bigger focus on predictability and consulting in our client relationships. Despite the pressures, we achieved solid growth and brought on seven new clients from industries such as banking, real estate, telecom, and tobacco," said Ovidiu Pinghioiu, Managing Director of Cegeka Romania.

Cegeka Romania has continued to adapt its services to meet market challenges. One such initiative is the Discovery Phase, a product launched to bring more clarity and predictability to projects.

"Beyond the year's challenges, I’m glad we were able to build solutions and initiatives together with our teams that delivered more value to our clients. We focused on consulting, aiming to become a trusted decision-making partner rather than just a service provider. We created and launched our own product, Discovery Phase, which brings clarity and predictability to complex projects. Additionally, we’ve taken a significant step in diversifying our services. While the main focus used to be the traditional staff augmentation model, we now also have team-as-a-service projects, end-to-end development, and consulting. This evolution reflects our clients' trust in our ability to take ownership and deliver impactful solutions,” Ovidiu added.

1.3 billion revenue at group level

On a group level, Cegeka  achieved consolidated revenue of 1.3 billion euros in 2024, marking an impressive 31.5% increase compared to the previous year.

“With the successful integration of the American company CTG, we can proudly say that Cegeka has become a global IT player in 2024,” says André Knaepen, founder and Chairman of the Board of Directors at Cegeka. “In Europe, CTG has been fully incorporated under the Cegeka brand. In the United States, however, we’ve chosen to retain the strong CTG name to continue supporting our clients’ digital transformation efforts in the best possible way,” Knaepen adds.

Investments in Cybersecurity and Artificial Intelligence

Cegeka will continue to invest in two key areas over the coming years: cybersecurity and artificial intelligence. These investments are crucial for the company's further growth and innovation.

"In recent years, we have invested heavily in cyber resilience and AI, with great results, as we are among the top in Belgium, as recently shown by the Whitelane survey. We will continue these investments. Cybersecurity and AI are forces that seemingly oppose each other - one can be a brake, the other an accelerator - but to be resilient in this unpredictable climate, you need to balance them. We can do that. Additionally, we see that what we excel at continues to bear fruit: unraveling complexity and deploying the right technology at the right time," says Stijn Bijnens, CEO of Cegeka.

Locally, Cegeka Romania will continue to focus in 2025 on the Discovery Phase, which has received positive client feedback. At the same time, the company will focus also on Data & AI, addressing increasing demand from companies eager to turn data into business decisions.

"We’re seeing growing interest from both clients and potential clients in projects involving data, artificial intelligence, and automation. This is a focus area for us this year as we continue supporting our partners’ digital transformation," added Ovidiu Pinghioiu.