Nagarro and iQuest Group have merged to create a robust technology solutions entity in Romania, enhancing service offerings and market reach under the Allgeier SE group.

Information on the Target

Nagarro, a leading global provider of digital engineering and technology solutions, is part of the German group Allgeier SE. The company has established a strong presence in Romania, particularly since its inception in the country in 2005. The merger with iQuest Group, a specialized software development firm also under the Allgeier umbrella, is set to create a robust local organization comprising over 800 employees, significantly enhancing their operational capabilities and market reach.

iQuest, founded in 1998 and currently headquartered in Frankfurt, Germany, operates several software development centers across Romania and Warsaw. It primarily serves clients in regions such as Germany, Switzerland, the UK, and the US, excelling in sectors like financial services, life sciences, and telecommunications. The combined expertise of Nagarro and iQuest is expected to provide innovative solutions to a broader client base.

Industry Overview in Romania

The Romanian IT sector has experienced rapid growth, becoming a significant hub for technology and software development in Europe. With a highly skilled workforce and competitive costs, Romania is attrac