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International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 00:33

Sales of Latvia’s Tele2 Shared Service Center grow to almost EUR 20 mln

BC, Riga, 30.05.2017.Print version
Latvian IT company Tele2 Shared Service Center last year generated EUR 19.985 mln in sales, up 19.1 % from 2015, while the company’s profit rose 26.9 % to EUR 776,653, according to Firmas.lv business database.

The company’s management said in its report that the company continued its development last year, providing services to Tele2 group, expanding the number of systems to be serviced, and taking them over from other group’s companies.


In 2017 the company plans to expand its operations, employ new people, and move to a new office.


In 2015 the company posted EUR 16.782 mln in sales and EUR 612,067 in profit.


Tele2 Shared Service Center, registered in Latvia in 2004, is a financial management outsourcing center of Tele2 group. The company's sole owner is Sweden's Tele2 Sverige Aktiebolag.






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