Fabasoft

Fabasoft AG was founded in 1987 and is currently operating out of its headquarters in Linz, Upper Austria. In 1988, Helmut Fallmann and Leopold Bauernfeind founded the company. The initials of "Fallmann Bauernfeind" and "Software" form the term "Fabasoft." On April 1, Fabasoft AG enters its fiscal year.

There has been an annual growth in the number of staff as of the March 31 reporting date, from 100 in 2003 to 185 in 2004 and 203 in 2005. In addition, corporate sales grew from EUR 16.94 million in the 2003/2004 fiscal year to EUR 21.85 million in the 2004/2005 fiscal year and EUR 25.3 million in the 2005/2006 fiscal year. Fabasoft AG's revenue fell from EUR 21.2 million in the 2006–2007 fiscal year to EUR 21.6 million in the 2007–2008 fiscal year and to EUR 20.02 million in the 2008–2009 fiscal year. Sales during the 2009–2010 fiscal year totaled EUR 23.3 million.

Founded: 1988
Headquarters: Linz, Austria
Website: www.fabasoft.com