Trencadis Corp SRL, a software firm previously responsible for maintaining the e-Terra platform for Romania’s National Agency for Cadastre and Land Registration (ANCPI), operated under a complex ownership structure involving international holding companies and figures linked to major regional business interests. Following the conclusion of its ANCPI contracts in 2022, the company underwent a management shift in 2024, passing to new owners Marian Murguleț and Adrian Văduva, according to corporate records.
Corporate Evolution and Ownership Ties
Founded in 2007 in Baia Mare as Loading Media SRL by Radu Negulescu, the company rebranded as Trencadis Corp in 2014. By 2019, when the firm held ANCPI contracts, its associate list included First Investments Holding Ltd—a Cayman Islands entity linked to businessman Frank Timiș—and Carlo Robert Burci, son of Cristian Burci. Other stakeholders included Mihaela Maria Moldovan and Alexander N. Capital Management SRL, the firm owned by founder Radu Negulescu.
Did you know?
Radu Negulescu, the founder of Trencadis Corp, gained public attention for his role in the 2014 digital campaign for Klaus Iohannis. His business network has included partnerships with various political figures, including current PNL deputy Ionel Ovidiu Bogdan.
Political Intersections in IT Procurement
The firm’s history reveals recurring intersections between IT service providers and the political sphere. In 2015, Negulescu co-founded People & People Strategy Consulting SRL alongside Robert Carlo Burci and Paul Cătălin Tuță. Records show that Paul-Cătălin Tuță is the brother of George Cristian Tuță, a former SRI officer and chief of staff to Eduard Hellvig, the former PNL deputy and current mayor of Sector 1. Paul-Cătălin Tuță later served as secretary general at the Financial Supervisory Authority (ASF) and subsequently as a director at Transgaz SA.
The Shift in Public Sector IT Contracts
While Trencadis Corp maintained platforms for state entities including the Trade Register, the STS, and the Romanian Parliament, the landscape of public IT procurement has evolved. In April 2023, ANCPI awarded a 48-month maintenance contract for the e-Terra system worth 15.770.808 lei to Wing Leading Edge SRL. This firm, now owned by Cristian Ioan Gîlmeanu, has secured significant state contracts, including a project for cloud migration under the Authority for Digitalization of Romania and a contract for the National House of Pensions.
Security Risks and Historical Precedents
IT About IT SRL, owned by Raoul Ovidiu Berdilă, received contracts for protection against cyberattacks from ANCPI. The company’s history is linked to the broader Romsys group, formerly led by Horațiu Bruno Berdilă. Records show that Horațiu Bruno Berdilă received a suspended prison sentence in a DNA case involving bribery for IT contracts. Furthermore, the Romsys group was historically affiliated with the New Frontier Group, which maintained operations in Russia and had documented ties to the Technoserv group, controlled by oligarchs Alexei and Dmitri Ananiev.
Frequently Asked Questions
- Who owns Trencadis Corp today? As of 2024, the company is owned by Marian Murguleț and Adrian Văduva.
- What was Trencadis Corp’s role at ANCPI? The firm provided software maintenance and development services for ANCPI platforms, including e-Terra, until 2022.
- Did Trencadis Corp comment on recent cyber incidents? Yes, the company issued a statement asserting it had no involvement in recent cyberattacks on ANCPI systems, noting that its contractual relationship ended in 2022.
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