Press Office

In 2014, Asseco Group generated record-breaking sales revenues, for the first time exceeding the level of PLN 6 billion. Net profit attributable to shareholders of the parent company reached PLN 358 million, improving by 17% year on year. Such a strong financial performance of Asseco is the effect of its successful foreign investments, highly diversified customer portfolio and continued development of own products and services.
The Group’s results for 2014 were favourably influenced by its foreign market operations, which accounted for 73% of consolidated sales. Proprietary software is the key revenue driver of Asseco. Such revenues reached PLN 5 billion, improving by 8% year on year and representing 80% of total turnover. The Group’s operations are well diversified into geographical regions and sectors of the economy. The general business sector generated 40% of our revenues, banking and finance – 36%, and public administration – 24%. Last year, the Group companies signed a total of 6700 new contracts.
“The year 2014 was very successful for Asseco Group. For the first time in the history, our revenues reached such a high level. It is worth noting that we managed to generate several hundred million more in sales than a year ago,” commented Adam Góral, President of the Management Board of Asseco Poland. “The growing share of foreign operations in our revenue structure confirms the Group adopted the right development strategy. Let’s not forget about Poland, where we have gained new significant contracts and expanded our cooperation with existing clients,” he added.
Asseco Group has been recognized as a major player on the international IT market. In 2014, Asseco maintained its high 6th position among the largest European software vendors according to the Truffle100 ranking and was the fastest growing producer of software in the top 10. Moreover, the products of Asseco have been included in reports published by the industry’s key research firms, such as Gartner, Forrester, or CELENT.
Asseco Poland continues to build significant value for its shareholders. Over a year’s time, the price of the company’s shares surged by 17.5% and the Management Board recommended to pay out a hefty dividend.
“Thanks to the consistent improvement of our financial results, we were able to recommend the payment of a record-high dividend and allocate as much as PLN 241 million for this purpose. During the last five years alone, Asseco distributed more than PLN 830 million in dividends to the company’s shareholders,” said Adam Góral, President of Asseco Poland.
The total amount of cash dividend proposed by the Management Board translates into PLN 2.90 per each share of Asseco Poland, resulting in a dividend yield of 6.3%.

Asseco will be responsible for implementing and providing comprehensive IT services in order to support the HR and payroll functions at Bank Gospodarstwa Krajowego (BGK). The system will be available through a web browser. It will enable the standardization of HR and payroll process, support a high volume of employee records and payroll data, and furthermore provide the ability of self-service for all employees of BGK. Asseco will be also required to maintain the hardware infrastructure, while adhering to the highest standards of security and accessibility.
“In the Polish market, it is a pioneer implementation of one of the most advanced HR solutions provided in the Software as a Service model. All the required services will be rendered by Asseco based on the Oracle eBS HRMS application and using our own Data Processing Center,” said Jakub Madej, Department Director at the Enterprises Division, Asseco Poland. “This project is also a signal for us that the financial sector starts to notice numerous benefits that are associated with the SaaS model and is increasingly interested in such implementations,” he added.
“Having purchased this solution in the SaaS model, our Bank will not incur additional expenditures for IT infrastructure or development of specialized competence,” said Małgorzata Korsakowska-Słowik, Director of the Human Resources Department at Bank Gospodarstwa Krajowego. “In addition, we have gained access to highly advanced software and its updates. Asseco will be also responsible for the system maintenance and ensuring its continuing operation,” she added.
Once the implementation phase is completed, the Bank’s activities will be supported with a stable and centralized system, allowing to bring new quality in managing 1300 of its employees. That is why a short implementation time is a priority. Asseco is going to launch the system within just 3 months, whereas the whole project will last 4 years.

The consortium led by Asseco has been selected to implement an IT system that will enable the provision of e services by Dr Emil Cyran Province Neuropsychiatric Hospital in Lubliniec. This healthcare facility will be provided with the Asseco Medical Management Solutions (AMMS) system. The contractor will also supply IT hardware in order to facilitate the identification of patients. Moreover, it will construct and equip a server room and modernize the hospital’s LAN network. “Once the system is successfully implemented, our applications will support the hospital’s activities in the areas such as admissions office, laboratory and pharmacy,” said Krzysztof de Lorm, Commercial Director at Asseco Poland. “This solution will help improve the quality of patient services and provide greater comfort of work for medical personnel,” he added. The system will enable the complete exchange of information between the medical and administrative sections of the hospital. Moreover, the Business Intelligence module will allow to generate professional reports and statements, making it easier to monitor the hospital’s settlements with the National Healthcare Fund, as well as to stay within the budget by effective cost control. Silesia is the region where most hospitals utilize the Asseco’s AMMS system. Dr Emil Cyran Province Neuropsychiatric Hospital in Lubliniec is the 87th medical center in Silesia that chose to deploy our software. Across the whole country, Asseco Medical Management Solutions are used by more than 400 hospitals.
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AMMS is a comprehensive IT solution dedicated to large and medium-sized hospitals, polyclinics, medical centers, outpatient clinics and emergency departments. The solution provides support for the hospital’s medical departments (HIS) and administrative departments (ERP). AMMS features a number of functionalities for the identification of patients, including registration of referrals with the help two-dimensional barcodes, as well as retrieval of patient data from identity documents. It also enables printing and reading of doctor referrals in the encoded form. Transmission of such documents in electronic format between different medical centers reduces the time of patient registration and admission, while eliminating errors that might occur due to incorrect reading of handwriting.

Asseco has made an advancement within the prestigious FTSE Emerging Europe index. The company has been classified in the group of mid-sized companies that operate in European emerging markets and meet the high requirements for liquidity and market capitalization. This situation has a favourable impact on the company’s stock price as equity funds that invest in the FTSE Emerging Europe index are buying more shares of Asseco.

Asseco will be responsible for the provision of IT services in the fields of management, administration, monitoring, ongoing operation and maintenance of IT infrastructure and subsystems of ARMA. Within the ZUMA III project, Asseco will take care of the Internet access system, mass data storage and backup systems, electronic mail and LAN/WAN networks. It will also deal with the distribution of software. Moreover, the company will implement appropriate modifications in the IT infrastructure and subsystems, in accordance with the requirements of ARMA. “We will be responsible for one of the most complex IT infrastructure maintenance projects in the public sector,” said Andrzej Dopierała, Vice President at Asseco Poland S.A. “Our task will be to ensure smooth operation of nearly 2 thousand devices, including servers, network infrastructure and data storage, which are used by 12 thousand employees working in more than 300 locations of ARMA. As we have a team of professionals with relevant experience and qualifications necessary for the implementation of such a large-scale undertaking, I am convinced this project will be a success,” he added. ARMA is the largest paying agency implementing the Common Agricultural Policy of the European Union. The institution’s IT infrastructure utilizes a number of technologies in order to enable the operation of information systems used by its employees, and provide access to these systems for thousands of external users, including farmers, veterinary services and provincial governments. It can be also integrated with IT infrastructures of BGŻ Bank as well as cooperative banks, through which payments are made to beneficiaries.“The Agency is currently adapting its information systems to support the new programming period, and properly and efficiently functioning infrastructure is the basis for all activities at the application layer,” said Witold Malina, Director of the Agriculture Division at Asseco Poland S.A. “In addition, ARMA is undergoing a technological change, including the adaptation of its IT systems to serve hundreds of thousands of farmers over the Internet, as well as the modernization of one of the major domains of Microsoft in Poland, allowing for modern processing of subsidies provided under the Common Agricultural Policy,” he added.Asseco has extensive experience in the execution of projects involving the construction and maintenance of IT infrastructure. The company’s portfolio includes, among others, the development and implementation of nation-wide information systems, such as the Central Register of Vehicles and Drivers (CEPiK), Local Government Budget Management System (BeSTI@), as well as the border clearance system (ODPRAWA SG) for the National Border Guard Headquarters.

The exhibition was held on 17 and 18 February at the Copernicus Science Centre in Warsaw. The event showcased nearly 130 solutions which are the result of Polish innovation and can increase the competitiveness of the country’s economy. These included both products and technologies that are at the final stage of the research and development process or are ready for implementation and commercialization.In addition, the meeting organizers distinguished the institutions, companies and individual inventors whose solutions received awards at international exhibitions of inventions in 2014. One of the award-winning projects was the system providing support in the preparation of crisis management plans, which was co-created by Asseco Poland. During the past year, this system was awarded 5 times at global exhibitions and fairs, including at the International Exhibition of Inventions, New Techniques and Products in Geneva, Switzerland.
The Inventions Exchange aims to promote the achievements and international successes of scientific research centers, leading business innovators as well as individual inventors beyond the scientific community.