Press Office

Fifteen years have passed since Asseco began its international expansion. It was in 2004 when Adam Góral decided to purchase a large block of shares in the Slovakian company Asset Soft. This is how Asseco was created, which is now present in over 50 countries around the world. Jozef Klein, President of Slovakian company Asseco Central Europe and Asseco International, has been involved in the Group's development from the very beginning. On December 12, 2019, official event was held to celebrate the 15th anniversary of the Polish-Slovakian cooperation.

It can be said that Asseco is a Polish-Slovakian project that we continue to develop thanks to, among other things, our long-standing cooperation with Josef Klein. This year marks the 15th anniversary of Asseco's entry into international markets. For me, this is still only the beginning, and ahead of us there are still many interesting acquisition projects and opportunities to create innovative products and services, said Adam Góral.

The last days of this year have turned out to be very exciting.
The Management Board of Cyfrowy Polsat has made us a proposal to begin talks on closer cooperation in the area of development and operation of IT systems by Asseco Poland for the Group's individual companies. Asseco Poland has both the products and the substantial potential to lead the Cyfrowy Polsat Group to the best IT solutions, so we were very satisfied with this proposal.

Adam Góral received the title of "Visionary of foreign expansion", awarded in the "Polish Company International Champion 2019" rank, which is organized by PwC and Puls Biznesu. Additionally, Asseco was distinguished in this ranking in the "Investor" category. The awards were received on behalf of the company by Adam Góral, President of the Management Board of Asseco Poland, and Artur Wiza, Vice President of the Management Board of Asseco Poland. The official gala was held on December 3, 2019 in Warsaw.

It is amazing that Poles, despite the fact that they suffered a lot in the previous system and are still unappreciated, are highly motivated to show the world that it is not the place where they were born, but passion and faith that makes it possible to achieve increasingly more successes - said Adam Góral.

The "Polish Company - International Champion" competition promotes the activity of Polish companies on world markets. Thanks to foreign investments and export activity, domestic companies are transformed into global entities, effectively compete on foreign markets and build Poland's brand.

The Ministry of Entrepreneurship and Technology holds honorary patronage over the plebiscite.

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For the purpose of assessing the financial and business position of Asseco, the key information are the basic figures published on a non-IFRS basis. They supplement the data reported in accordance with IFRS*. After three quarters of 2019, non-IFRS operating profit amounted to PLN 885.5 million and was higher by 19%, while non-IFRS net profit amounted to PLN 270.2 million.

We are satisfied with our results and the dynamic development of Asseco on international markets. In particular, we are pleased with the double-digit increases in revenues and operating profit. We see a positive impact of the implementation of our strategy, which is based on international expansion and diversification of our business. Asseco International achieved a 13% increase in sales to PLN 2.0 billion and improved its profitability. The Formula Systems Group also achieved a higher margin with a double-digit increase in revenues. Acquisitions carried out during the reported quarters give us interesting prospects for development on new markets as well as for expanding our offer of innovative IT products. We generated PLN 893.8 million in revenues in the Asseco Poland  segment. We are pleased with the signing of new, long-term contracts with public sector institutions and enterprises with a total value of several hundred million PLN. We also observed an increase in sales in the health sector, thanks to the implementation of new, important projects related to the digitization of this area. In addition, we achieved very good results in the banking sector, despite the high base of revenues generated in the same period in the previous year, said Rafał Kozłowski, Vice President of the Management Board of Asseco Poland.

The revenues of the Asseco Group are diversified by sectors, and in the first three quarters of 2019 they were the following: 39% (PLN 3.0 billion) generated by banking and finance, 38% (PLN 2.9 billion) by general business and 23% (PLN 1.8 billion) by public administration. Asseco is also geographically diversified and presents its results broken down by three segments: Formula Systems generated 62% of the Group's consolidated sales revenues (PLN 4.8 billion), Asseco International - 26% (PLN 2.0 billion), and Asseco Poland - 12% (PLN 0.9 billion).
Currently, the Group's order backlog for 2019 at the revenue level amounts to PLN 10.1 billion and is by 14% higher than the backlog presented in November 2018.

We are very happy to have been awarded the title of "Leader of Cooperation". It is a confirmation that we are a trusted and proven partner of the Social Insurance Institution, with which we have been cooperating for over 20 years. The ZUS Comprehensive IT System (KSI ZUS) created within the framework of this cooperation serves over 25 million Poles. It should be emphasized that ZUS has never failed its customers, who always receive their pensions on time. Thanks to KSI, ZUS is also the leader of the state administration in launching electronic services such as eContributions, eFiles or eZLA and in the integration within the social security system at the European level (EESSI). These undoubted successes would not have been possible without the exceptionally good cooperation between ZUS and Asseco, said Sławomir Szmytkowski.

During the ceremony it was emphasized that ZUS had clearly defined plans for the future. It focuses on the further development of modern e-administration to make it easier for citizens to settle their matters and to fully automate the granting and payment of benefits. I hope that our cooperation will contribute to the implementation of these plans, he added.

The development of the hospital IT system will bring benefits to patients, medical personnel and contractors cooperating with the facility and managing the unit.
The beneficiaries will gain access to e-Registration, which will significantly save their time and improve the work of the hospital. The patients will have access to their own account, as well as to catalogued, up-to-date and confirmed information about the scope of medical services. They will also be able to book appointments on their own.
In turn, thanks to the launch of the Medical Information Portal, the medical personnel will gain access to applications such as e-Documentation, e-Interview or e-Consent, which will significantly improve the effectiveness of the hospital employees' operational activities.
The implementation of the e-Contractor module will improve, among others, the handling of medical examination referrals in other units, the management of bookings and will guarantee online access to the results of the examination. Moreover, the Laboratory Information System is currently integrated with other e-Services and will support external contractors in the scope of archiving, verifying and distributing results.

The project, which we have implemented in the Voivodship Hospital Complex in Płock, will allow us to transfer many processes, including registration, medical interview, referrals for examination and medical documentation handling, to the electronic sphere, which will significantly shorten the time of their implementation. In my opinion, the long-term result will be the strengthening of the hospital's potential and its competitiveness in relation to other institutions, as well as the improvement of the quality and availability of medical services, said Jan Butkiewicz, Deputy Director of the Healthcare Division, Asseco Poland.

The implementation was carried out under two projects: "E-health for Mazowsze" and "Development of IT systems in the Voivodship Hospital Complex in Płock E-health 2.0".