All Press Releases for February 22, 2015

Miratech Announces 2014 Business Results

Miratech has reported its operational results for 2014.



    KIEV, UKRAINE, February 22, 2015 /24-7PressRelease/ -- The company's gross operating revenue totaled UAH 219.8 million, representing an increase of 51.2 percent over 2013. The 51.2 growth is partially due to Ukrainian Hryvna depreciation; Miratech estimates the effective business growth rate to be 20.4 percent.

During 2014, Miratech gained several new customers, including Migdal, VTB Bank, and Ukrzaliznytsia.

In 2014 Miratech received a number of industry honors, such as inclusion on several sub lists by the IAOP; being named a Software 500 top 10 fastest-growing company with revenues of US$10-30 million; and being shortlisted by the National Outsourcing Association (NOA) for two awards, and winning the NOA's Best IT Outsourcing Team award.

Facts and Figures for 2014
• GOR amounted to UAH 219.8 million compared to UAH 145.4 million in 2013
• Staff increased from 710 to 870
• The total amount of service provided by Miratech increased by approximately 20 percent, crossing the one million delivered service hours mark
• Miratech opened a new R&D center in Košice, the Slovak Republic. With this new location, Miratech's international footprint has been enlarged to 12 offices in seven countries.
• Miratech's business in the Ukrainian market decreased by 8.6 percent, and business in the USA and Western Europe grew by 58 percent

Commenting on the results from 2014, Miratech CEO Valeriy Kutsyy says, "We closed the year with solid results. We are very proud of our accomplishments, and honored by the awards and designations we have received."

About Miratech
Miratech is an IT services and outsourcing company that provides managed IT services to large and midsize multinational organizations. Founded in 1989, Miratech has its headquarters in Stockholm and Washington, DC; and R&D centers in Poland, Slovakia, and Ukraine. Miratech serves its customers internationally, covering 560 locations.

Miratech has been ranked highly in major industrial ratings, including the Global Services 100; the Software 500 ; the NOA's Outsourcing Professional Award; The Global Outsourcing 100 and Best Five Companies in Eastern Europe, by IAOP .

Miratech is ISO 9001, CMM Level 3, and ISO 27001 certified.

For additional information about Miratech, please visit http://www.miratechgroup.com

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Contact Information

Alexey Perekatov
Miratech
Kiev
Ukraine
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