About us FAQs
- What business divisions are there at IBS Group?
- What are the Group’s key strength?
- What is the headcount of IBS Group?
- What is the free float of IBS Group GDRs?
- What is the shareholder structure?
- What kind of strategy the Group has?
What business divisions are there at IBS Group?
The Group’s main activities include:
What are the Group’s key strength?
The Group believes it is well positioned to capitalise on the expected market growth in the markets in which it operates because it has the following competitive advantages:
- strong brand names on the Russian market;
- professional and experienced management team;
- established track record with blue chip client base;
- presence in all segments of the IT market;
- quality services;
- strong expertise in the implementation of complex project;
- relationships with strategic high-technology partners and hardware manufacturers;
- commitment to transparency and good corporate governance practices;
- and financial strength and access to capital.
What is the headcount of IBS Group?
On average, the Group employed 2,300 and 3,100 employees for the financial years ended 2004 and 2005. As at March 31, 2006, the Group had around 6,000 employees, of which approximately 90 per cent. are located in Moscow. The Group intends to hire more people in regional areas of Russia in order to take advantage of a lower cost environment.
What is the free float of IBS Group GDRs?
The free float of 8,047,244 GDR’s constitutes approximately 34,96 % of the Group’s shares capital.
What is the shareholder structure?
The Group’s shareholder structure is:
- Group’s management - 64,4%
- Free float – 34,96%
What kind of strategy the Group has?
The Group’s strategy is to build and maintain a leading position in the markets in which it operates by leveraging project experience, multi-industry expertise, competence in sophisticated software applications, an efficient logistics chain and highly skilled human resources. The Group seeks to increase its revenue and profitability by increasing the share of service-based revenues and seeking to diversify its revenue base through international exposure. The Group intends to focus on professional IT services and offshore programming – the two areas where it is particularly strong.
In order to maintain and develop its leading market position, the Group intends to focus on the following elements of its strategy:
- maintain leadership in the areas of its expertise;
- exploit intra-Group synergies and cross-selling opportunities;
- achieve superior growth both organically and through acquisitions;
- attract the best people;
- and maintain the Group’s advisory role to the government in the hi-tech sector.
