On October 5, 2024, TIU Holdings (TIU Group of companies), formerly known as UTI Group, will proudly celebrate 34 years of impactful presence in the Romanian technology and services sector. This anniversary not only highlights the Group’s remarkable evolution and rebranding journey but also marks a significant milestone in its history: the first commercial transaction made by the Infcon, the family association which laid the foundation for what would become a thriving group of companies.
A story of pioneering tech solutions and vison
The story began on October 5, 1990, when the sale of a single Compaq laptop to a university in Bucharest unfolded, symbolizing not only a business transaction but also the onset of Romania’s technological transformation in the post-communist era. This transaction represented more than just a sale; it was a step towards modernity for an educational institution eager to embrace the digital age. Back then, access to technology was limited, and this sale initiated a ripple effect, enabling educational growth and fostering innovation throughout the country.
Over the decades, TIU Holdings has navigated various market challenges and technological advancements, propelling itself to become a leader in the sector. The Group’s dedication to delivering exceptional services and innovative solutions has led to a diverse portfolio, reflecting its adaptability and vision.
Nowadays, TIU Holdings boasts a turnover of €186 million in 2023, affirming its status as a key player in the technology landscape of Romania, and has invested 6 million euros of its own funding in expanding and upgrading its technological platforms and its production capacity.
A new name … same values
The rebranding from UTI Group to TIU Group of companies is a testament to our commitment to evolution and modernization while praising its roots. The new name encapsulates its broader scope and mission to provide cutting-edge solutions not only in Romania but also on an international scale. This strategic rebranding reflects the dynamic nature of the technology industry and the group’s pledge to uphold its core values while pursuing new opportunities.
As we look back on the journey from that initial transaction to a multinational entity, it is important to acknowledge the resilience and dedication of the team behind TIU Group of companies. Their hard work and innovative spirit have been instrumental in shaping the group’s reputation and success. TIU is permanently valuing its internal human resources, educating and training on the job generations of leaders, managers and technical talents. This continuous regeneration process is a key element in its resilience and sustainability.
Looking ahead to the future
The 34th anniversary of TIU Group of companies not only serves as a milestone in its history but also as a reminder of the potential for growth and innovation that defines the technology sector.
As the Group continues to expand its horizons, one can only anticipate the exciting developments that lie ahead in its promising future. Celebrating this anniversary provides a moment to reflect on past achievements while looking forward to new possibilities that the next 34 years may hold.