RWE IT Slovakia merges with FPT Software

(PresseBox) ( Kosice, )
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- New company to be named FPT Slovakia
- 200 new jobs to be created in Kosice, Slovakia

RWE IT Slovakia and the Vietnamese software company FPT Software are merging in order to collaborate more efficiently on the European IT technologies market. New goals, challenges and opportunities will arise from the merger with FPT Software. The company will enter the European market under the name FPT Slovakia.

The cooperation will offer new business opportunities for both partners. FPT Software plans to expand to Europe through the Slovak market. "Through new customers, even above and beyond the established and business users we have primarily focused on in the past, we will be able to extend our activities and compensate for the tangible decline in demand in some areas in recent years," says managing director of RWE IT Slovakia, Olaf Baumann. Michael Neff from RWE IT adds: "Nowadays, there are many IT experts all over the world. Vietnam has a first-class education system and excellent software engineers. The agreement with FPT Software offers us the possibility to compete with other IT companies on the global market."

About RWE IT Slovakia

We are a company providing services with focus on the area of information technologies. Our company was established in Slovakia in April 2004 and currently employs more than 400 employees in Košice.As the subsidiary of the RWE Group we belong to the one of the largest multi-utility companies in Europe.

RWE IT Slovakia s.r.o. supports the mother company RWE IT GmbH. As a provider of IT services, the latter creates prerequisites for a stronger orientation of RWE companies towards their core business activities. Activities of RWE IT GmbH focus on the development, preparation and maintenance of IT solutions. Our experts provide international know-how transfer and cooperate on significant IT projects of the Group. For more information on the parent company click on www.rwe-it.com.

The key competencies of RWE AG comprise electricity, gas and water supply. Approximately one half of the Group's turnover is obtained outside Germany, whereas the focus of international activities is on electricity and gas in Central and Eastern Europe (Slovakia, Poland, the Czech Republic, Hungary and Austria). In Slovakia RWE Group is one of the shareholders of the company VSE a.s. that is located in Košice. More information can be found under www.rwe.com.
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