Stefanini plans to invest US$3mn in coming years

Tuesday, March 15, 2011

Brazilian IT solutions firm Stefanini plans to add 1,200 jobs and invest US$3mn in Colombia over the next 3-4 years, according to company president Marco Stefanini.

After its fusion with Colombian company Informática & Tecnología, Stefanini will look to expand its presence in the country to attend to the local and international markets. The firm wants to export services from the country, as well as expand within its borders as well, Reuters reported the executive as saying.

The move is expected to create jobs, while also making Colombia's IT and BPO sectors more competitive, local export promotion agency Proexport president María Claudia Lacouture said.

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Stefanini currently has presence in 27 countries with around 13,000 employees. In November 2010, Stefanini acquired US IT outsourcer TechTeam Global (Nasdaq: TEAM) for US$94mn. Some of the firm's major global accounts include Ford, Dell and Santander.