Tiedonhallinta Seeks Partners In Norway, Poland
It said it aimed to enter the Norwegian market for car retail business systems, and that it wanted to start selling its products in Poland as it was a promising market and far bigger than the Finnish one.
The group sells total management systems for industrial and commercial clients, and electronic commerce systems using Internet techology.
"The best solutions for us would be some sort of shareholdings," Chief Executive Ali Saadetdin told a news conference. "Mere local distribution is not enough."
After Norway and Poland, Tiedonhallinta would next year systematically explore expansion opportunities in the Nordic countries and the rest of Europe.
The company still has 80 percent of the proceeds of 48 million markka from its August initial public offering to use for acquisitions, executives said.
They said money was no obstacle to growth, but rather finding good and suitable matches, and managing growth.
"Fifty percent (net sales growth) is at the limits of what if smart and manageable," Saadetdin said.
In January-September the company increased net sales by 18 percent to 68.6 million markka.
The group sells total management systems for industrial and commercial clients, and electronic commerce systems using Internet techology.
"The best solutions for us would be some sort of shareholdings," Chief Executive Ali Saadetdin told a news conference. "Mere local distribution is not enough."
After Norway and Poland, Tiedonhallinta would next year systematically explore expansion opportunities in the Nordic countries and the rest of Europe.
The company still has 80 percent of the proceeds of 48 million markka from its August initial public offering to use for acquisitions, executives said.
They said money was no obstacle to growth, but rather finding good and suitable matches, and managing growth.
"Fifty percent (net sales growth) is at the limits of what if smart and manageable," Saadetdin said.
In January-September the company increased net sales by 18 percent to 68.6 million markka.
