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We assume an increase in the pace of foreign expansion – CEO Sokołowski for “Parkiet”
TTMS is analyzing other entities for acquisition and is considering a debut on the Warsaw Stock Exchange. In an interview for the “Parkiet” portal, the company’s CEO Sebastian Sokołowski emphasized: “Entering the Warsaw Stock Exchange is one of the options we are considering in the context of raising capital for further development.” The company is dynamically developing its foreign technology centers, including in Malaysia and India, and is making acquisitions. “We have already purchased the Danish company ConCor and the Swiss Pixel Plus, which strengthens our position on the international market,” says the president. Sokołowski also announced that TTMS plans to increase employment to about 1,000 employees by the end of 2024, noting that this development is possible thanks to investments in new technologies and acquisitions that will contribute to further growth and strengthening the company’s position on the global market. The company aims to strengthen its position as a leader in the technology industry, both domestically and internationally. As the CEO emphasizes, the final date of the IPO depends “of course on the current market situation. What remains unchanged is that introducing TTMS to the Warsaw Stock Exchange is one of the ways of raising capital that we are considering.” The entire interview with the president of TTMS can be found on the Parkiet portal.
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We publish the ESG report for 2023
In the annual ESG report, we present our activities in the areas of Environmental, Social, and Governance. The presented report is the fourth non-financial (ESG) report prepared and published by Transition Technologies MS SA along with its subsidiaries. This year, the following companies are included: TTMS Software UK Ltd (United Kingdom), TTMS Software Sdn Bhd (Malaysia), TTMS Nordic A/S (Denmark), TTMS Software India Private Limited (India). The report was prepared using GRI Standards 2021 indicators. It covers the year 2023, i.e., the period from January 1, 2023, to December 31, 2023. It was not subject to external auditor verification, but the company took all due care to ensure the information presented is reliable. Go to the ESG report for 2023 ESG Strategy As Transition Technologies MS, we have developed and adopted an ESG strategy until 2025. It is based on six pillars, which are also the main goals: We want to offer safe, high-quality digital services We want to attract exceptional people and work in a unique, non-corporate atmosphere We want to build diverse teams that respect people of different genders, cultures, and religions We want to share our success with the community We want to operate in an environmentally neutral manner We want to ensure the highest management standards. More about our sustainability goals can be read here.
Read moreTTMS is closer to its debut on the Warsaw Stock Exchange
Transition Technologies MS (TTMS) has submitted an application to the Polish Financial Supervision Authority (KNF) to resume prospectus proceedings in connection with the planned public offering of shares and debut on the Warsaw Stock Exchange (GPW). Recent months mark a period of intense growth for the company: We acquired the Swiss company Pixel Plus, continuing our acquisition strategy in international markets. We opened another subsidiary (TTMS Software India), strengthening our position as a global provider of international services. We reinforced our position in the Nordic markets, which created the need to open a second office in Denmark. We expanded our portfolio with new AI-based projects, evolving towards a company focused on offering the most comprehensive and technologically advanced solutions. The application for the approval of TTMS’s prospectus was originally submitted to the KNF in 2021. Due to unfavorable geopolitical conditions and the resulting high volatility in financial markets, the proceedings were suspended in March 2022. “We are an internationally oriented company, and our goal is to become a global IT service provider. Since our inception, we have recorded dynamic revenue growth. Especially in the past two years, we have grown significantly both organically and through acquisitions. […] Given the prevailing market trends related to rapid technological advancements, particularly in artificial intelligence and the need for continuous IT systems development, we are confident that the market we operate in has very good development prospects,” says TTMS CEO, Sebastian Sokołowski.
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New TTMS office in Łódź
We are pleased to announce that we have opened a new office in Łódź. It is located at Stefana Żeromskiego 94C Str. Our previous headquarters in Łódź was located at Piotrkowskiej Str. Currently, our company has 9 offices in Poland.
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Another Successful ISO 27001 and ISO 14001 Audit
We are pleased to announce that on March 15, 2024, we underwent another supervisory audit of our management system in accordance with the ISO 27001 and ISO 14001 standards, conducted by TÜV Nord.. The auditors did not find any discrepancies. What does this mean for our customers and partners? Maintaining ISO 27001 and ISO 14001 certifications guarantees that TTMS is a trusted partner that places great importance on data protection and operates in a sustainable and responsible manner. Our commitment to adhering to international standards reflects our mission to deliver services of the highest quality while minimizing our impact on the environment. Having ISO certifications not only distinguishes us from the competition but also allows us to optimize our internal processes. Thanks to regular audits and continuous improvement, we are able to manage our resources even more efficiently, which translates into better quality services for our customers. Our goal is not only to increase competitiveness and build trust, but also to continuously develop the organization on strong foundations. By adopting the ISO 14001 standard, we focus on improving the ecological awareness of our employees and gaining the trust of local communities. In turn, the 27001 standard increases information security and management efficiency – Marcin Kraska, COO Quality, TTMS Further Certifications Adhering to ISO 27001 and ISO 14001 standards significantly lowers the risk associated with information security and environmental impact. We are already preparing to implement the new edition of the ISO 27001 standard, ensuring that we stay up-to-date with the best practices and are ready to meet future challenges. Quality Management with TTMS Based on many years of experience, Transition Technologies MS supports clients in implementing management systems, prepares them for certification audits and maintains compliance of processes with the implemented standards. It offers a multidimensional service consisting of: computerized system validation, equipment and process qualification, ensuring safe IT and production processes, audits. You can read more about TTMS services related to quality management here.
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TTMS with a majority stake in the Swiss company Pixel Plus AG
Transition Technologies MS S.A. has entered into an agreement to purchase 55% of shares in the Swiss company Pixel Plus AG. Pixel Plus, established in 2015 and based in Zurich, specializes in projects utilizing Adobe Experience Manager (AEM). The company also offers consulting services and creates IT solutions for the banking, public, industrial, and sports sectors. For the Polish firm, the Swiss market is one of the key areas – over 70% of TTMS Group’s total sales in 2023 were directed to clients whose main headquarters are located in Switzerland. The acquisition of a majority stake will assist in maintaining relationships with existing clients and reaching new ones, as was the case with the opening of TTMS offices in India and Malaysia and the acquisition of ConCor A/S in Denmark. This successful acquisition brings TTMS closer to achieving its main goal of becoming a global IT services provider.
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