The Forbis Company announced 2008 year’s results and next year’s milestones

30 January 2009

The Forbis Company’s annual reporting meeting was held on the 29th of January; Artur Alechnovich, Chairman of the Board and Andej Zujev, Chief Executive Officer of the Forbis Company made their reports. They stated the main aspects of the company’s philosophy, summarised the results of the year 2008, and stated future work milestones.

Indeed, the reporting year was quite productive for the company: over 50 sales deals were concluded; about 30 of them were system development projects. Two new system releases issued. A significant leap forward is considered to be the creation of a technological platform for a universal integration solution. Currently, the list of the company’s customers counts 19 banks in four countries. Last year, significant investments were made into the growth of the daughter enterprise in Russia.

In 2008, much attention was paid to the competencies management, the employees actively participated both in internal and external trainings. As to personnel questions, it was marked out that the company may be proud of highly qualified and experienced specialists.

In his speech Andrej Zujev highlighted that the last year has laid the foundation for the process of positive, motivating and quality-encouraging changes for the company, and that this process is to be continued in the year 2009. Moving into a new modern office in the Tuskulenu business-centre was also a great event in the company’s life. Striving to increase work productivity and developing management, the company underwent structural changes, there was implemented a modern customer relationship management system SugarCRM.

On concluding the report, CEO Andrej Zujev stated that in 2008 the company worked quite stably and according to plan, and the hard times in the country’s economy in the end of the last year did not have much impact on the company’s business. “The results of the year 2008 laid firm basis for further company’s growth,” said A. Zujev.



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