Publikacijos
2014-09-23
2013-05-22
Baltic IT services sector grew by around 11% in 2012
 
 
Prime Investment, one of the leading investment banking companies in the Baltics, has issued the 10th anniversary annual edition of the Baltic ICT Market News. The report provides proprietary ranking of the leading Baltic IT services companies and highlights important corporate and M&A events of the Baltic ICT market.
 
2012-10-29
Prime Investment, one of the leading investment banking companies in the Baltics, has issued semi-annual report Baltic ICT Market News. The report highlights important corporate and M&A events of the Baltic ICT market and reviews the developments of the Baltic IT service companies in the first half of 2012.
 
Baltic IT sector grew by 22% during 2012 H1. The growth rate is in line with the global trends and it also reflects the fact that the Baltic IT services companies predominantly target domestic markets. Twenty one company submitted data for the survey, where the reported market growth figures to a great extent depend on the tremendous increase in Nortal’s (fmr. Webmedia Group) IT services and other revenues (75% each, y-o-y) resulting from merger with CCC Corporation.
 
2012-05-24
Baltic IT services sector grew by around 29% in 2011
 
Prime Investment, one of the leading investment banking companies in the Baltics, has issued annual report Baltic ICT Market News. The report highlights important corporate and M&A events of the Baltic ICT market and provides proprietary ratings of the leading Baltic IT service companies.
 
Baltic IT sector grew by 29% during 2011, and 17 out of 20 rated companies experienced growth in revenues from IT services. Main reasons for improvement cited are expansion of the IT service markets, renewed demand for IT solutions from businesses and successful transactions of the IT sector companies.
 
2011-05-24
Baltic IT services sector grew by around 2% in 2010
 
Prime Investment, one of the leading investment banking companies in the Baltics, has issued semi annual report Baltic ICT Market News. The report highlights important corporate and M&A events of the Baltic ICT market and provides proprietary ratings of the leading Baltic IT service companies.
 
Baltic IT sector grew by 1.6% during 2010, and 12 out of 20 rated companies experienced growth in revenues from IT services. Main reasons for improvement cited are public sector projects cofinanced from EU funds as well as renewed demand for IT solutions from businesses. 
2010-12-01
Prime Investment, one of the leading investment banking companies in the Baltics, has issued semi annual report Baltic ICT Market News. The report highlights important corporate and M&A events of the Baltic ICT market and provides proprietary ratings of the leading Baltic IT service companies.

Baltic IT sector decreased by 3% in the first half of 2010.  11 out of 20 rated companies experienced a decrease in revenues from IT services. Majority of companies faced the consequences of continuous saving and postponed or cancelled IT installation projects. 
 
2010-08-04
IT service sector has contracted in 2009. The slowdown is most notable for companies specialized in public sector projects. IT service revenues of the companies, that provided data and got into TOP-20 ranking, have dropped by 8.7%. This is a notable contrast to 11.8% growth in 2008. 13 out of 20 companies experienced a decline in IT service revenues and for 5 of them the drop increased 20%. According to market participants, the loss of revenue is most notable for companies that specialized in public sector projects, while their peers with wider market diversification lost less or even sustained growth in 2009.
 
2009-11-18
Prime Investment, one of the leading investment banking companies in the Baltics, has issued semi annual report Baltic ICT Market News. The report highlights important corporate and M&A events of the Baltic ICT market and provides proprietary ratings of the leading Baltic IT service companies.

According to Prime Investment, IT service revenues of Prime TOP-20 companies have declined by 4,7% in the first half of 2009 as compared to the same period in 2008. Total income of the rated companies decreased by 21%.
 
2009-07-16
Prime Investment, one of the leading investment banking companies in the Baltics, has issued semiannual report Baltic ICT Market News. The report enlightens important corporate and M&A events of Baltic ICT market and provides proprietary ratings of the leading Baltic IT service companies.
2008-11-11
Prime Investment, one of the leading investment banking companies in the Baltics, has issued semiannual report Baltic ICT* Market News. The report outlines important corporate and M&A events of Baltic ICT market and provides proprietary rankings of the leading Baltic IT service companies.
 
Combined revenues of Prime’s Top 20 companies grew by 21% in the first half of 2008 or 8 percentage points less than 2007 H1, when ICT sector grew by 30%. This is because the growth of 7 companies in the ranking was slower than the year before and the sales of three other companies fell compared with the 1H 2007. Still, most expect to improve results after the completion of large-scale projects by the end of the year.