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Indian BPO Co Eyes Acquisitions In Eastern Europe, Romania

Indian business process outsourcing firm ExlService Holdings said it will invest $10 million in India and is also planning to expand its operations in Eastern Europe and Romania through acquisitions, according to the online version of The Economic Times newspaper.
Indian BPO Co Eyes Acquisitions In Eastern Europe, Romania
11 mai 2008, 15:22, English

"Eastern Europe continues to remain a high priority for us and we are planning to expand in Eastern Europe through acquisitions," EXL Service Holdings President and CEO Rohit Kapoor said.

The company has earmarked a total of 20 million dollars for expansion plans this year, of which, 50% has been set aside for India, he added.

The company’s profit increased by 26% in the first quarter of the year to $6.8 million. EXL is listed on the Nasdaq Bourse.