More NewsAtos Signs Russia IT Services Partnership with Gazprom and Sibur

Atos Signs Russia IT Services Partnership with Gazprom and Sibur

European IT services provider Atos has signed a memorandum of understanding (MoU) for a long-term strategic partnership in IT services with Gazprom Neft, one of Russia’s leading oil producers and Sibur, the country’s main petrochemical group.

As part of the strategic partnership, Atos will invest in the development of Information Technology Service Company, aka ITSK, an IT services joint venture resulting from the merger of the IT, communication and automation divisions of Gazprom Neft and Sibur.

The MoU was signed at the Winter Olympic Games in Sochi by Charles Dehelly, chief operating officer (COO) of Atos, Vitaly Baranov, deputy chairman of the management board of Gazprom Neft and chairman of the board of ITSK, and Dmitry Konov, chief executive officer (CEO) of Sibur.

According to the Memorandum, Atos is considering acquiring shares in ITSK through taking over part of Sibur’s stake in the company. The proposal outlined in the MoU is subject to approval from the boards of directors of each party as well as from regulatory organisations.

“This new partnership will enable Atos to strengthen its growing position as a provider to international clients in Russia, it will enhance our Russian client base and strengthen our support offering both in Russia and on the international market,” said Charles Dehelly, chief operating officer (COO) of Atos.

“We are proud to be partnering with two of the largest, most internationally successful and well known Russian companies.”

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

4w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

6m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

6m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha