Hectronic - Participation in a Romanian software company

After many years of cooperation, Hectronic has invested 24% in the software development and IT consulting company Hypermedia, based in Cluj-Napoca, Romania. The university city has one of the most prestigious faculties of mathematics and computer science and is considered as a centre of development, software and IT at a national and European level. The companies which are based there benefit from top trained professionals, which we also attach great importance to.

Therefore, we do not see the purchase of the shares as an investment, but rather as an investment in the future. Hypermedia is responsible for our web and mobile based software solutions and thus an important partner for our digitization strategy.

"Hypermedia combines innovation, in-depth expertise and high-end technology. The many young developers and product specialists are doing a great job. We appreciate the professional and effective teamwork. Ideas are discussed openly and their meaningfulness is assessed." – Marc Griesshaber, Product Manager in the field of payment

We look forward to continuing our good, cooperative partnership with the Hypermedia team!

About Hectronic

Hectronic GmbH is based in Bonndorf in the Black Forest, Germany. The company specialises in the development of smart system solutions for the parking and refuelling sectors. Since the foundation of the original company, Kienzle, in 1928, Hectronic GmbH has developed into an industrial company with operations in many countries. With over 300 employees, 7 sales subsidiaries and around 70 sales partners around the globe, Hectronic solutions are now successfully marketed all over the world.