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About the Company

Armada OAO (MICEX-RTS: ARMD) is an innovative Russian IT company with product lines in Software and IT services. For over 15 years we have helped public and commercial organizations deliver better service in Russia.

According to analytic and rating agencies, Armada ranks among top 20 leading IT companies in Russia, it is also a top 10 software developer [1], a top 10 IT developer, a top 10 supplier for the public sector, and was awarded the status of IT Company of the Year. [2]

Armada is involved in most major government IT initiatives, such as the Information Society, Electronic Government, National Software Platform, Healthcare Modernization, Reform of Public Utilities Sector, etc. The share of government bodies’ orders in Armada’s revenue equaled 55% in 2011, including 13% coming from regional government information system development projects. Another 17% of Armada’s revenue was contributed by contracts with state-owned companies in various sectors of the economy (finance, energy, oil and gas, healthcare, etc.).

In 2007 Armada was the first in the Russian IT industry to place its shares on domestic stock exchanges. Shares of Armada OAO are currently traded on MICEX-RTS Stock Exchange under the ARMD ticker.

Alongside organic growth, Armada seeks to expand and diversify its business by acquiring niche companies complementary to the group’s existing business. With a help of the capital raised on the stock market, the group acquired PM Expert (project management services), Soyuzinform (IT outsourcing), Helios IT (IT services), Post Modern Technology (software MEDIALOG for healthcare).

Armada is the absolute leader in terms of the number of project managers holding PMP (Project Management Professional) certificates in Russia. The group’s management quality control system has been certified under international standards ISO 9001:2008 and has been subject to annual audits since 2000. Armada Group’s IFRS financial results are audited by DELOVOY PROFIL Auditing Company CJSC, which is ranked in a Top-10 Russian audit companies by Expert Rating Agency [3].

Armada is open to communications. Audited financial statements and other information about the company are available in Russian and English at www.armd.ru and www.armadaitgroup.com.

[1] Expert Rating Agency, 2014
[2] CNews, 2008-2011
[3] Expert Rating Agency, 2012

Short link on this page: http://www.armadaitgroup.com/?id=wsPqO