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Asseco expands its business to Kazakhstan

The acquisition of a majority stake in New Technologies Integrator LLP is the next step of the Polish IT powerhouse development in rapidly growing Eastern markets.

The acquisition of a majority stake in New Technologies Integrator LLP is the next step of the Polish IT powerhouse development in rapidly growing Eastern markets.

Asseco has finalized the acquisition of a 51 percent majority stake in New Technologies Integrator LLP, an information technology company based in Almaty, Kazakhstan. The transaction value amounted to the equivalent of USD 1 million. Subsequently, the acquired company has been renamed as Asseco Kazachstan LLP.
New Technologies Integrator LLP (NTI LLP) was founded in 2006. Its operations include three business lines: information security, information management, and the newly launched cloud computing services. The company focuses primarily on the public sector clients as well as on large telecommunications and energy enterprises. 


“Kazakhstan has much potential for growth and we have been looking for an investment opportunity in this country for a long time. We are satisfied that we managed to find very good partners with whom Asseco can build a strong market position in Kazakhstan. I am convinced that by combining the local market knowledge with over 20 years of our experience in the IT industry and extensive product portfolio, we will be able to offer the best software solutions for the largest Kazakh companies and institutions,” said Adam Góral, President and CEO of Asseco Poland.


Kazakhstan is a rich country and one of the fastest growing economies in the region. It has reached the highest level of per-capita GDP among the CIS countries, except for the Russian Federation. The World Bank analysts assess the attractiveness of investing in Kazakhstan slightly higher than in Poland. Polish goods enjoy a high reputation in Kazakhstan, being associated not only with good price but, above all, with high quality. Many Polish producers are very successful in the Kazakh market and found clients for their goods and services. Asseco has gained its first experience in this market by implementing an information system for Polpharma Group’s subsidiary operating in Kazakhstan.


Asseco Group consistently pursues its development strategy aiming to build a global information technology company specialized in software development and provision of highly advanced IT services. The Group focuses on emerging markets that are characterized by high economic growth and increasing demand for IT technologies. After Russia and Georgia, Kazakhstan is the third country in the region where Asseco is developing its business operations.


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