Comarch signs flagship ZUS deal

WSE-listed IT firm Comarch signed the long-awaited deal to service the core KSI IT system of Poland's social security ZUS for a maximum gross PLN 242 million. Comarch filed the best offer back in November, beating, among others. The PLN 374 million offer from the current system maintainer WSE-listed Asseco. The contract will run for four years. ZUS has the right to fine Comarch up to 50 percent of the deal’s gross value for the potential breaches.