Press Releases
Critical Software opens office in Singapore
Company consolidates its presence in the Asian market with the opening of a subsidiary
2 Apr 2012
Critical Software - a company specialized in providing dependable technologies for critical systems – announces the constitution of a subsidiary in Singapore. This is a strategic decision aiming to accompany the growing business volume the company has been granting in that part of the globe, ensuring a greater proximity to the local organizations, thus enhancing the creation of another global competences centre.
“This is yet another natural step in the international growth strategy that Critical Software has been treading. Our purpose is to achieve global presence allowing us to develop a competence centre network that will exponentially increase our capability of addressing and positively answer our clients’ precise needs,” explains Marco Costa, Executive President of Critical Software.
“There are already on-going projects and others at a very advanced stage of negotiation, which makes us very optimistic. The indicators available at the moment make us believe, with a high degree of certainty, that the Asian operation might gain significant expression on the consolidated result of the Group Critical Software,” points out Marco Costa.
This announcement takes place following a sequence of multiple projects recently won in the Chinese market, decisively contributing to increasing the volume of Portuguese technology exports. Singapore now joins Critical Software’s other subsidiaries – in Southampton an Somerset (United Kingdom), San Jose (USA), São Paulo (Brazil), Maputo (Mozambique) e Luanda (Angola).
“Critical Software offices in Asia are situated in the Centennial Tower and its staff will include a resident commercial and technical team with the objective of propelling an increased proximity with the clients and meeting the present requirements which have, so far, been managed from Portugal. Identifying new business opportunities will be another task assigned to this subsidiary,” says Nuno Vaz Santos, who will be the operations General Director in Singapore.
“The Asian market offers an excellent opportunity for Critical Software to generate value within the most diversified activity sectors. Yet, at the moment all the available indicators show that our offer should be centred in the Defence and Security markets, as well as in Energy and Health,” concludes Nuno Vaz Santos.
