Octaware Technologies Limited announced that it has entered into a MoU with Golubica Parking d.o.o. for incorporating a partnership business relation for setting up a Joint Venture Company in the Europe. The stake of each party will be 50% in the Joint Venture. The MoU shall remain valid and in force for a period of Five years. This partnership will help augment & expand business for following products & solutions of the company: PowerERM, iOnAsset, Hospice, cloudERP, RealWin, Life2Care, eQuire- Office Automation, eProcurement, eDocNet.