"Information Services" AD made a profit amounting to over 4 million levs in the first quarter

"Information Services" AD made a profit amounting to over 4 million levs in the first quarter of 2016. The Company revenues from sales grew to 176 thousand levs, which is 5 % over the planned in the Business Plan for the same period. The increase was a result of new contracts and increased sales of electronic signatures by 40 % compared to the planned. Reported profit before taxation was 440 thousand levs, which is 7 times more than the envisaged in the Business Plan.

In the first quarter of the year it reported a decline in spending by 9 %, which is a result of a consistent policy pursued in this direction by the management of "Information Services" AD. Among the new projects of the company this year are: maintenance and development of IC INTRASTAT to the National Revenue Agency, maintenance and operation of the National Database on Population for three years, as well as activities of administration and audit of information and communication infrastructure, and consulting services for structures of public administration.