Press Office

In the first two quarters of 2013, Asseco Group generated nearly PLN 2.8 billion in sales revenues, achieving a 4% increase as compared with the corresponding period last year. Operating profit reached PLN 328 million, while net profit attributable to shareholders of the parent company amounted to PLN 180 million. The backlog of orders totals PLN 5.2 billion and is 6% higher than in the comparable period of 2012. During the first six months of the year the Group signed almost 2,200 contracts, confirming good diversification of its business.Asseco consistently pursues its strategy focusing on both organic growth and further company acquisitions. Asseco Poland along with its subsidiaries carry on working with our major clients and are very active in gaining new contracts. The development of Asseco is possible thanks to the increasing sales of our proprietary software solutions. In the first half of 2013, such revenues reached nearly PLN 2.2 billion, accounting for 78% of our total sales. We continue to invest money in the research and development of Asseco’s key products.Having devoted several years to analyzing the markets of Russia and Commonwealth of Independent States, Asseco Poland has launched its business operations in Russia and Georgia. In 2013 the Group has been joined by the Russian company R-Style Softlab, a leading supplier of proprietary banking solutions, as well as by the Georgian Onyx Consulting (presently Asseco Georgia), a provider of consulting and implementation services for the sectors of banking, insurance and public administration. Our acquisition plans for the remaining months of this year anticipate continued focus on emerging markets.

Asseco Poland has signed a 3-year framework agreement with Orange Poland. As a partner, Asseco will be responsible for the area of BBS (Business Support Systems) as well as for outsourcing of the fixed-line telephony billing system.IT providers have been chosen by Orange Poland as part of its continued global Vendors Consolidation program, which involves improvement, consolidation and standardization of applications management across the Orange Group. The goals of Vendors Consolidation are to optimize costs, shorten the time for delivery of business solutions, as well as to ensure better quality. The tendering procedure resulted in selecting four key partners. Asseco Poland, being one of them, gained an opportunity for broader cooperation with Orange Poland, enabling the optimization of service delivery models. Asseco Poland is going to take care of the development and maintenance of several dozen software applications and will also actively cooperate with Orange Poland in order to optimize their IT architecture and solutions for customers.“We believe that choosing Asseco as one of the four key IT providers is a token of recognition of our professional competence as well as a confirmation of the high quality of our previously provided services. We certainly gain a competitive edge by offering solutions that are well prepared to handle converged services,”- said Radosław Semkło, Director of the Telecommunications and Media Division at Asseco Poland.Asseco Poland has been, once again, chosen as a strategic partner of Orange Poland. Back in June 2010, the company had also signed 3-year framework agreements under the operator’s Vendors Consolidation program. At that time, we were assigned the areas of billing systems and business intelligence.Asseco offers comprehensive proprietary solutions that are capable of handling multi-million customer databases and have been customized to meet specific needs of telecommunication companies. Asseco solutions have been present in this sector for over 20 years, which resulted in many strategic partnerships with major European telecoms that appreciate our in-depth industry expertise as well as flexibility of our solutions. Our product portfolio includes billing systems, fraud detection systems, sales and CRM applications, portal applications, data warehouses, BI tools, and many more. Asseco provides converged solutions that enable the issuance of one invoice per household. Our software solutions are used by both mobile and fixed-line telephony operators.

The prestigious 24-hour team programming contest organized by the city of Gdynia, Asseco Poland and CodiLime will commence on 30th November 2013 in the Pomeranian Science and Technology Park in Gdynia. This event will take place annually and become one of the major points in the calendar of programming contests in Europe.
Assecco Programming Marathon24 Gdynia 2013 is an initiative aimed at community related to information technologies. This is the only Polish team competition open to all programmers without any constraints prepared by world championships gold medalists in collegiate programming, the founders of CodiLime. The preliminary round (online) will select top computer scientists in Poland (and in the future also in Europe) who during the final game in Gdynia will directly compete against one another.
The formula of the marathon is particularly interesting. The final will last non-stop for 24 hours. At that time, thirty teams of three will face three challenging programming tasks. Current results of each team will be made available to all participants. The formula of the contest will make the competition continue until the last minute.
Marathon24 is an effect of the cooperation among Gdynia - a city open to innovation, Asseco Poland and CodiLime. Involvement of the largest IT company in Poland, and also one of the leading players on the European software market is a guarantee of success of this venture. CodiLime, the company providing high-quality software solutions for international business is responsible for the technical side of the project, including the supply of the main IT system.
The Mayor of Gdynia, dr. Wojciech Szczurek, during a joint press conference of the organizers of the event stressed the special connection between Gdynia and innovative ideas and technologies: "Gdynia is a very modern city. It has always attracted people willing and able to pursue their dreams, including those in the field of innovative technologies. The Pomeranian Science and Technology Park is the symbol of this attitude. I hope that soon we will welcome here companies established by promising computer scientists - participants of Asseco Programming Marathon24 Gdynia 2013."
Dr. Adam Góral, the CEO of Asseco Poland said: "For more than 20 years Asseco Poland has been working within the IT industry and achieved huge success becoming the seventh largest software company in Europe. Thanks to our products created by the best Polish specialists we can effectively compete with software companies from all over the world. By participating in this project, we want to actively promote the achievements of Polish software developers and encourage them to continuously increase their knowledge and invest in their skills. Competition and its extraordinary formula is a perfect opportunity for many IT specialists to perform in demanding conditions and showcase their skills."
Tomasz Kulakowski, the CEO of CodiLime added: "Polish programmers enjoy a great reputation all over the world and often decide to go to work abroad. As the co-organizers of Marathon24 we want to select brilliant developers and encourage them to stay in Poland. CodiLime is an example of a company built by the team of exceptionally talented people. The quality of this team is confirmed by its cooperation with the world's largest information technology corporations in Silicon Valley and Japan. Our most talented employees have opportunity to take part in IT projects that might change the future. We aim at organizing the competition attended by talented individuals similar to CodiLime founders and employees who take great care of constant development of skills and expertise. I am rest assured that this is achievable with such great partners as Asseco and Gdynia."

On July the 1st Asseco Poland and R-Style Softlab signed an agreement upon wich Asseco has a majority stake in Russian company. After several years of assessing the CIS Asseco has succeeded in getting a foothold on the Russian market.Asseco Poland has acquired 70% stake in R-Style Softlab valued at USD 28m. Shares were purchased from Eransor Finance Limited a company registered in Nicosia, Cyprus. Furthermore Asseco Poland has purchased a call option for the remaining 30% of shares. The call option may be exercised between 1 May and 31 December 2016.“I’m overjoyed by the fact that R-Style Softlab has come under the umbrella known as Asseco. I’m absolutely certain that with our joint effort we will consolidate our position in every geographical location that Asseco is present and not only in Russia and CEE. For this purpose it is important for us to keep the key employees, the principles of the client and product policies and keep on following the goals of the strategic development of R-Style Softlab. We know that the Russian market is robust and perspective and we are pleased to be a part of it” – says Adam Góral – CEO at Asseco Poland.“I’m sure that the integration of our companies will allow to more effectively realize the current strategy of R-Style Softlab development aimed at strengthening our leading position in Russia and the CIS. It will be our clients who will be the first to feel the advantages of this integration. R-Style Softlab own unique expertise, consulting and technological potential together with international expertise and implementation practice will give a jump-start to further development of the Russian IT market” - says Andrey Galkovsky - CEO of R-Style Softlab.R-Style Softlab is a Russian developer of specialized software for the banking sector and financial market. Company specializes in three main directions: front and internet banking, data warehouse and BI systems as well as core banking systems. Besides that the company provides consulting services, IT audit and outsourcing.R-Style is the market leader by the volume of its client portfolio: every third bank in Russia uses its software. R-Style Softlab supports over 400 active clients in Russia and CIS (Kazakhstan, Kyrgyzstan, Belarus, Tajikistan, Uzbekistan, Moldova, Georgia, Ukraine), actively expanding the geography of its presence abroad.
Besides its headquarters in Moscow R-Style Softlab has its branches in Bryansk and Vologda, as well as in Almaty (Kazakhstan) and Kiev (Ukraine). It employs more than 800 professionals. The company’s quality management system is certified for its compliance with the requirements of the ISO 9001:2008 standard.
Over its 19-year history R-Style Softlab has demonstrated a solid growth of both its revenues and net profit. In 2012, R-Style Softlab generated approximately USD 35 million in sales revenues from proprietary software and services.

Acquisition of a majority stake in Georgia-based IT company marks the beginning of Asseco’s expansion in the region.Asseco Poland S.A. consistently pursues its development strategy which aims to build a global information technology company specializing in software development and provision of highly advanced IT services. As far as acquisition-driven expansion is concerned, the company focuses on emerging markets that are characterized by high economic growth and increasing demand for IT technologies. This week, Asseco has successfully completed the acquisition of the Georgian company Onyx Consulting.Onyx Consulting was founded in 2008. It is a provider of consulting and system implementation services for the banking and insurance industry companies as well as for the public administration. The company’s operations are well diversified and include competence in software development, offering of proprietary ERP and CRM systems, solutions for insurance companies, software for schools and stores, as well as consulting services and implementation of third party products. Onyx Consulting is one of the largest consulting firms in the Georgian IT market.
“We have been convinced to make an investment in Georgia owing to its government policy, which gives priority to the development of local competencies in new technologies. The combination of over 20 years of experience and expertise of Asseco with the knowledge of local business environment provides a solid base to take a leading position in the IT market of both Georgia and the entire region,” said Adam Góral, CEO of Asseco Poland.“Asseco is the first global IT company to enter the Georgian market. For our country, this means additional investments and access to innovative technologies. Our goal is to build a leading IT company to serve public and private sector clients, both in Georgia and in the region. By cooperating with Asseco Group, we will further develop our expertise in the area of IT technologies as well as in the implementation of large and complex IT projects,” commented David Bazierashvili, CEO of Asseco Georgia.

On the occasion of the 15th edition of the 500 List, the competition jury established a special award. In the highest growth category, Asseco Poland was recognized as the most consistently growing company of all times in the history of the 500 List.In this year’s competition, Asseco Poland ranked 43rd with PLN 5.5 billion in sales revenues. It may be difficult to believe that fifteen years ago, in 1998, our sales reached just PLN 230 million, placing the then young Rzeszów-based IT company at a relatively high 269th position.“I am very pleased with the received award. The present shape of the Asseco organization is owed primarily to our persistence in building a team of professionals specialized in software development. Our group of companies has become the seventh largest vendor of proprietary IT solutions in Europe. This is the best proof that we chose the right direction of development at the beginning of our business. I would like to sincerely thank our employees, customers, business partners as well as the Polish capital market. It is thanks to you all that Asseco Poland had a chance to create a professional, leading European IT company. We are still asking you for your help, patience and commitment to our joint projects, because together we have the opportunity to build Poland’s first truly global IT powerhouse. While entering new markets, we continue to improve our products and services so as to meet the highest standards. I am confident that with continued investments in development will still be seen as a good and reliable business partner,” said Adam Góral, CEO of Asseco Poland S.A.The 500 List is a prestigious ranking of the largest companies operating in Poland that has been compiled and published by Rzeczpospolita daily for the last 15 years. This year, Asseco Poland ranked at the 43rd position, advancing by 8 places as compared with the last year. The ranking is headed by PKN Orlen, followed by LOTOS Group and PGE Polish Energy Group.