Press Office

The European Economic and Social Committee (working with the European Commission) together with the Business Centre Club awarded a European Medal to Asseco for its CBP (Customer Banking Platform) solution. The European Medal is awarded to recognize companies and institutions that meet the EU standards. The aim of the award is to support Polish products and services on the EU market and bring its idea closer to the business community.

The contest’s main slogan was We are Poland. It was concluded at a special gala event which took place in Warsaw on May 31. Guests were greeted by Wojciech Surmacz, editor-in-chief of Gazeta Bankowa, who acknowledged that the inspiration to create the contest were the words of Adam Góral, CEO of Asseco Poland. In a recent interview for Gazeta Bankowa Mr. Góral said: ‘It is us, the entrepreneurs, who are largely creating our country, and even the best government plan won’t work out if we don’t join its implementation. We all need to act wisely and take responsibility for our actions’.

Asseco was named among the top 25 employers, in a ranking prepared by Gazeta Finansowa. Dynamic professional development and easy access to training courses for Asseco’s employees have been some of the highlights mentioned. Employees enjoy a package of social benefits such as a medical care package or a sports subscription. They can also pursue their love for sports by joining the Asseco Active Team. In addition, Asseco gives their its employees a chance to give back to the community through its annual charity event called We’re helping.

Asseco owns companies in more than 50 countries around the world. Foreign sales accounted for over 75% of total sales last year.

The project, developed by the Power and Natural Gas Department together with the Office for EU Projects, includes experimental research of a prototype system using a variety of environments and original methods and tools. Its results will be used to make business applications for electricity producers and distributors. These will be implemented and developed together with foreign companies from the Asseco Group in chosen international markets.
The total value of the project is PLN 20 335 279.98

Sales of Asseco Group’s proprietary software solutions continue to grow, accounting for as much as 81% percent of our total revenues in the first quarter of 2016. The Group’s revenues are well diversified into the following sectors: general business – 40%, banking and finance – 38%, and public institutions – 22%. In the first three months of 2016, the share of our foreign operations in the revenue structure increased to 80% percent, amounting to nearly PLN 1.5 billion. During the first quarter of 2016, Asseco Group signed 2,992 contracts.
“In the first quarter of 2016, Asseco Group recorded a strong revenue growth, especially in foreign markets where we generated nearly PLN 1.5 billion or 80% of our total sales. This also translated into a higher contribution of our foreign operations to the consolidated operating profit. Whereas, the Group’s net profit was affected by the following two factors: higher financial expenses in comparison to those incurred a year ago, and the growing share of profits of our foreign subsidiaries which, due to minority interests, are not fully reflected in the Group’s bottom line,” said Rafał Kozłowski, Vice President of the Management Board of Asseco Poland.
The Group’s sales revenues for the first quarter of 2016 increased primarily in the major markets of our operations. In Poland, favourable results were achieved by Asseco Business Solutions and Asseco Data Systems. Moreover, we continued to reorganize the Group’s local business structure as well as to cooperate with our key customers. A considerable contribution to the Group’s results was provided by our Israeli companies, which maintained a high revenue growth (18% year on year) by generating more than PLN 1 billion in sales for the first three months of 2016. In Central Europe, we saw positive effects of our earlier company acquisitions, economic improvement in the Czech Republic, as well as higher sales of ERP systems. These factors brought a 48% increase in sales in relation to the comparable period last year. In the South Eastern European market, we continued to expand our payment solutions business and significantly improved our revenues in the infrastructure segment. Our Western European operations achieved a 13% increase, owing to a favourable financial impact from the acquisition of Portugal-based Exictos and organic growth in Spain.