Accelerating the Growth of e-Commerce
The second half of 2016 looks as good as the first six months of the year so I expect it to be a comparable year to 2015 for ASEE.
A message from Piotr Jeleński
We continue our expansion in the payment business. We have just received a licence in Turkey for our new Paratika virtual POS solution for merchants. The solution can be integrated with the virtual POS infrastructure of multiple banks and can also store the card data for future payments. I believe that this will contribute to the development of the e-commerce market in Turkey as well as to the growth of our payment business. ASEE has also advanced in supporting its clients in the process of their digital transformation. Thanks to our Remote Digital Signature system Zagrebačka banka in Croatia has introduced digital signature in cloud for online service agreements which is a big step on the financial market in the region. Moreover Asseco’s ASEE Digital Edge retail solution has been implemented at one of the largest banks on the Serbian market, Eurobanka, which will give its customers a whole set of new functionalities.
Financially the first half of of this year was good for ASEE. Sales revenue increased by 11 percent compared with the same period of the last year reaching over EUR 59 million. The biggest increase was generated by the Systems Integration business where the growth was especially visible in Romania and Serbia. The growth in the sales revenue in the Payment business unit was achieved mainly by the physical payments part in Romania, Bosnia & Herzegovina, Montenegro and Slovenia. Whereas in the e-commerce part sales revenue grew mostly in Turkey. Sales revenue in the Banking business unit were recorded in Serbia and Macedonia, among others.
The second half of 2016 looks as good as the first six months of the year so I expect it to be a comparable year to 2015 for ASEE.
Piotr Jeleński
CEO, Group President of Management Board of Asseco South Eastern Europe