Asseco the third largest company in Poland in terms of assets abroad according to Rzeczpospolita

"Rzeczpospolita" has published a ranking of Polish companies that have the largest assets abroad. The ranking shows that the combined assets of the Formula Systems and Asseco International segments, responsible for the Group's international sales, give Asseco the third position among Polish companies. At the end of December 2019, the assets of these two segments amounted to PLN 12.7 billion. Sales on foreign markets amounted to PLN 9.5 billion, which gave Asseco the second position in the ranking of “Rzeczpospolita”.

Asseco International operates in 41 countries and Formula Systems on 22 foreign markets. In 2019 the Asseco Group's revenues exceeded PLN 10 billion for the first time ever, 89% of which was generated by international operations.

Geographic diversification is one of the pillars of Asseco's development strategy. We are present on 5 continents in 58 countries, where we employ nearly 27,000 people. We are developing organically and through acquisitions – since 2004 we have carried out almost 90 of them. We can see that our strategy brings measurable effects and allows us to build the strength of Asseco on the international arena - says Marek Panek, Vice President of the Management Board of Asseco Poland.