Tooltech Spreads Its Wings to Romania
Tooltech sets up a new office in Romania; leveraging the strengths of both Eastern Europe and India.
Pune, India, November 02, 2007 --(PR.com)-- Engineering Services Company, Tooltech recently acquired a 50% stake in Design Tech, a Romanian company, now renamed Tooltech Romania. Tooltech’s vision is to provide customers with cost- effective solutions, by expanding its base to more affordable destinations. Setting up an office in Romania, fits in well with this vision and creates synergy for optimal engineering service delivery.
Tooltech had earlier acquired a Company in Germany. While Germany provides high quality, Romania provides cost advantage thus enabling Tooltech’s clients such as BMW to gain on both fronts. The idea to expand operations in Romania was born out of BMW’s decision in increasing its body shell design work in cost-effective regions. Solid GmbH, an interiors specialist, is a partner for the project.
Founder and director of Tooltech, Atul Khanna says “Offshoring is a global business. It will migrate from just Indian Companies to Indian entrepreneurships managing it globally for customers on an optimal resourcing strategy”.
Mr. Tiberiu Rus, Managing Director of Design Tech will continue to head the Tooltech Romania office.
About Tooltech
Tooltech is headquartered in Pune, India and has offices in 7 countries throughout Europe and North America. It has a pool of trained manpower resources of 270 which includes 40 nationals of countries in which it operates
Tooltech's services encompass the entire engineering design and simulation value chain. Tooltech's concurrent engineering solutions cuts across industry verticals: automotive, aerospace, heavy engineering, oil & natural gas, marine & tool design. To each of these sectors the company brings to the table, industry specific knowledge and past experience of having dealt with leading international OEM's and their System Suppliers.
Tooltech's global delivery model has evolved over time to include an optimized mix of on-site, off-site, near shore and offshore engineering support that best meets the need of its international clientele.
Tooltech is an ISO 9001:2000 certified company
For more information please visit www.tooltech.net
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Tooltech had earlier acquired a Company in Germany. While Germany provides high quality, Romania provides cost advantage thus enabling Tooltech’s clients such as BMW to gain on both fronts. The idea to expand operations in Romania was born out of BMW’s decision in increasing its body shell design work in cost-effective regions. Solid GmbH, an interiors specialist, is a partner for the project.
Founder and director of Tooltech, Atul Khanna says “Offshoring is a global business. It will migrate from just Indian Companies to Indian entrepreneurships managing it globally for customers on an optimal resourcing strategy”.
Mr. Tiberiu Rus, Managing Director of Design Tech will continue to head the Tooltech Romania office.
About Tooltech
Tooltech is headquartered in Pune, India and has offices in 7 countries throughout Europe and North America. It has a pool of trained manpower resources of 270 which includes 40 nationals of countries in which it operates
Tooltech's services encompass the entire engineering design and simulation value chain. Tooltech's concurrent engineering solutions cuts across industry verticals: automotive, aerospace, heavy engineering, oil & natural gas, marine & tool design. To each of these sectors the company brings to the table, industry specific knowledge and past experience of having dealt with leading international OEM's and their System Suppliers.
Tooltech's global delivery model has evolved over time to include an optimized mix of on-site, off-site, near shore and offshore engineering support that best meets the need of its international clientele.
Tooltech is an ISO 9001:2000 certified company
For more information please visit www.tooltech.net
###
Contact
Tooltech Software (I)Pvt.Ltd.
Shobhana Taneja
+91-20-30511200
www.tooltech.net
Shobhana Taneja
+91-20-30511200
www.tooltech.net
Contact
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