Corporate News

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Please note: This section of the IBS Group website contains abridged versions of press releases distributed to the media. The releases are not intended to constitute advertising material and information may be out of date. Articles published prior to 1 January 2010 are provided for reference purposes only and constitutes archive material prior to the company restructure.

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22 December 2008

IBS carried out the project of building the supercomputer system for RosHydroMet. The project budget totalled approx. $25 million. The system is one of Russia’s most powerful supercomputers and will enable the weather service to provide much more detailed area coverage, more accurate and timely forecasts.

18 December 2008
IBS Borlas has built a power trading support system for INTER RAO UES OJSC, thus providing the core Russian operator of cross-border deliveries of electric power with a convenient tool for collection, storage and analysis of data on the wholesale electricity and power market.
17 December 2008
Luxoft, today announced that for the second consecutive year it has been included in one the most comprehensive and respected rankings of the EMEA region’s fastest-growing technology companies.
16 December 2008
IBS, the leader in the Russian IT and consulting market, has become HP GOLD Preferred Partner.
27 November 2008
An automated IFRS statements consolidation system based on SAP solutions has been built at MIR, one of Russia’s biggest retail chains.
25 November 2008
IBS launches High Priority Cash Control 2008, a new solution for cash flows management.
27 October 2008
1. The IT market was gradually decelerating, rather than falling, in the third quarter.
10 October 2008
IBS IT Services and MIR Group, one of the biggest nation-wide retail chains, have completed the project of building an automated tax accounting and differences accounting system on the SAP ERP platform
29 September 2008
IBS IT Services, the member company of IBS Group Holding Limited, marks one year of launching the first Master's Degree programmes of professional training geared to the needs of the IT market at Russia’s best higher education institutions.
12 September 2008
On September 12, 2008 IDC issued Russia IT Services 2008-2012 Forecast and 2007 Vendor Shares, a new report on the Russian IT services market for 2007.