Asseco mulls enetering Western bourses, plans to continue acquisition

IT powerhouse Asseco plans on expanding its international business in three areas: ERP, insurance and payment systems, said CEO Adam Góral. He also stated that "in some time" the company could aim to enter Western stock exchanges. "Last year we continued the group's development through acquisition, we increased our share in subsidiaries, and we plan to continue in 2017 as well," said Góral. Asseco Enterprise Solution will strengthen its position in Europe, also through acquisitions, e.g. in Germany, Portugal, Greece and Romania. Asseco Poland has contracts worth PLN 5.512 billion for 2017. Last year, its revenue stood at PLN 7.932 billion. Asseco Poland SA is the largest Polish software house, and sixth in Europe, according to the Truffle100 ranking.