On 14 November 2014, Asseco Group published its financial results for the first nine months of 2014. Consolidated sales revenues reached PLN 4.4 billion, growing by PLN 320 million or by 8% as compared with the corresponding period of 2013. Asseco Group achieved such a favourable result by boosting its sales in four international markets, including in particular our Israeli subsidiaries whose revenues exceeded PLN 2.1 billion in the first three quarters of 2014, recording a 13% improvement year on year.Foreign market operations accounted for 73% of our total sales, while the remaining 27% came from the Polish market. Apart from very good diversification in terms of geographical markets, the Group’s revenues are also well diversified among our individual target sectors, including General Business – 40%, Banking and Finance – 36%, and Public Administration – 24%.Asseco Poland is firmly committed to its development strategy based on the sale of proprietary software solutions, which in the analyzed period generated over PLN 3.5 billion or 81% of our total revenues.In the third quarter of 2014, Asseco Poland dynamically intensified its operations in the sectors of telecommunications, energy and healthcare. The company signed a contract for further development of an IT solution for the sale of products and services offered by Polsat Group, as well as continued the execution of projects under the Vendors Consolidation program at Orange Group. We concluded a number of agreements for the implementation of Asseco Medical Management Solutions (AMMS), among others for the hospitals in Częstochowa, Rybnik, and Jastrzębie Zdrój. Moreover, in the third quarter, we carried out successive projects within cooperative banking systems, including for Jastrzębie Zdrój Cooperative Bank, Nadsański Cooperative Bank, and Podkarpacki Cooperative Bank.Asseco carries on working with its major clients and gets actively involved in new projects. During the past nine months, the Group signed more than 4,000 new contracts and agreements. In November 2014, our order backlog reached nearly PLN 5.8 billion and was 7% higher than a year ago.In the first three quarters of 2014, the Group’s operations provided over PLN 502.9 million of cash.

The Association of Internal Auditors IIA Poland has tested Asseco’s software for planning and management of internal audits. The tests confirmed that Asseco APMS complies with the International Standards for the Professional Practice of Internal Auditing, in the scope of performance standards 2010-2500.- We are glad that our product meets such high requirements. We made a lot of efforts to be fully convinced that this software is ready to undergo detailed and critical analysis, in order to be awarded a certificate which confirms its quality. This has been achieved thanks to the hard work of our entire team - says Magdalena Jędrzejewska, Director of Internal Audit Department at Asseco Poland.The Institute of Internal Auditors (IIA) was established in 1941. It is the oldest and largest professional organization of internal auditors in the world. It has more than 170,000 members associated in nearly 200 national branches and affiliated organizations. In Poland, IIA is represented by the Association of Internal Auditors IIA Poland.Asseco APMS supports generation of annual or multi-year auditing plans for many areas within an organization. The system enables planning of audits based on risk assessment, setting deadlines, appointing audit team members, determining the detailed scope of audit including both processes and organizational units, preparation of tests, as well as documenting the audit progress and archiving of working papers. The solution is also used to generate audit reports and monitor the implementation of corrective actions by automatic distribution of emails on upcoming or missed deadlines to responsible persons. Moreover, you can define and assign user roles, as well as generate a variety of reports that can be exported into a spreadsheet.

The software solution will be expanded in accordance with the guidelines of the European Market Infrastructure Regulation (EMIR), which imposes the requirement for clearing of treasury transactions involving a central counterparty (CCP). The system will also ensure the ability to process bonds with variable face value, bonds amortized for the settlement of security transactions, including bond issuances organized for the Bank’s customers.

The Hospitals Ranking 2014, which has been published by Rzeczpospolita daily, evaluates 240 medical centers, which is about one third of all hospitals operating in Poland. In this ranking, high positions have been taken by medical centers that use Asseco’s software solutions, proving that appropriate information technology support has positive effects both on the financial condition of hospitals and the quality of their medical services.

“Today, we are a trusted partner providing tools for more efficient management of hospitals. Our IT solutions help organize medical processes as well as circulation of information in order to continually improve the comfort of treatment procedures for both patients and medical personnel,” Krzysztof Groyecki, Director of the Healthcare Division at Asseco Poland, said during the 10th Health Market Forum that was held in Warsaw, on 23-24 October.

It is worth noting that Asseco is a leading provider of IT systems to more than 400 hospitals, 130 of which have already deployed the company’s latest, comprehensive solution dedicated to medical facilities – Asseco Medical Management Solutions.


Asseco software solutions are used by:

8 out of top 10 hospitals in terms of the quality of medical care
6 out of top 10 surgical, multidisciplinary and oncology hospitals
7 out of top 10 surgical, monodisciplinary and non-oncology hospitals
7 out of top 10 non-surgical hospitals

The 2000 List is a ranking of the largest Polish companies that is prepared annually by the editors of Rzeczpospolita daily. The publishers attach particular importance to awarding those companies that invest most money in research and development. In addition, the jury gave recognition to firms which have had remarkable business achievements, e.g. increased their exports significantly.
Asseco’s high position in the 2000 List has been achieved owing to consistent implementation of the company’s development strategy. The Group focuses on the production of innovative software solutions for various sectors of the economy, while continuing to invest substantially in R&D. It actively enters new markets in Africa and Asia.

PGNiG chose the offer submitted by Asseco Poland under an open tender procedure. The contract is worth PLN 20.2 million and shall be implemented within 17 months. The Infrastructure Division will provide the companies of PGNiG Group with computer hardware, including desktops, laptops, monitors, docking stations and accessories.