Locked content Comarch snatches flagship ZUS contract from Asseco

WSE-listed IT firm Comarch has won the tender for maintenance of social security ZUS’s core KSI IT system. The winning offer was PLN 242 million, while the creator and current maintainer WSE-listed Asseco bid PLN 374 million. The contract will run for four years. “I strongly underline that we ...

Locked content Comarch with a PLN 138 mln deal for court system software

Comarch Polska, part of the Comarch group, has signed a deal with the State Treasury represented by the Justice Minister to deliver and implement a digital registration system for court cases and their progress. The total value of the project is capped at PLN 137.8 million. Comarch Polska is the lea...

Locked content Comarch with cheapest offer in tender for ZUS IT systems

Software company Comarch has made the cheapest offer in the tender for the maintenance of ZUS IT systems with a bid of PLN 242 million. There were two other bids – one from Asseco at PLN 374 million and finally Atos at PLN 431 million. The budget for the work is PLN 374 million. ZUS’s…

Locked content Comarch with PLN 5.96 mln Q2 net profit

WSE-listed IT group Comarch recorded a PLN 5.96 million consolidated net profit in Q2, up by 6.8 percent y/y. EBIT pummeled by 69.6 percent to PLN 6.98 million. Revenues were up down by 8.9 percent to PLN 248.8 million. The figures were boosted by the result on financial operations at positive PLN 4...

Locked content Comarch opens office in Tokyo

IT giant Comarch has decided to launch a new office in Tokyo. The company wants to drive up more revenue from its Asian operations. In 2016, it recorded PLN 47 million in revenue from Asia. Comarch already has offices in Malesia and Shanghai and data centers in Kuala Lumpur, Singapore and Shanghai. ...

Locked content Comarch with PLN 4.8 mln Q1 attributable net profit

WSE-listed IT company Comarch had PLN 4.8 million attributable net profit in Q1, down by 32.9 percent y/y. EBIT amounted to PLN 11.3 million loss, down by 192 percent y/y, while revenues inched down by 0.4 percent to PLN 242.2 million. The EBIT result was boosted by PLN 9.7 million from the PLN gain...

Locked content Comarch Q4 profit up, revenue down

WSE-listed IT company Comarch had PLN 51.28 million attributable net profit in Q4, up by 18 percent y/y. Company’s revenue dropped by 7.6 percent to PLN 372.1 million y/y. For the full 2016 financial year, Comarch had PLN 72.3 million net profit, down from PLN 79.6 million in 2015, and PLN 1.1...

Locked content Comarch IT with better results for 2016

WSE-listed IT group Comarch expects to post better financial results for last year and will raise forecasts for 2017, CEO and lead shareholder Janusz Filipiak said. The better-than-expected results come from increased business abroad, which offseted declines in domestic sales. The company also has o...

Locked content Comarch recognized for Latin American achievements

One of Poland’s largest telecommunications companies has received a prestigious award for its contribution to the IT market in South America, a press release on Wednesday stated. The company won the award, “Latin American 2016 Entrepreneurial Company of the Year.” The organization handing out the aw...