JSC “Scandinavian House” sums up the 2011 year work results

Major company priority in 2011 was development of new work fields and operational effectiveness increase, which allowed to achieve maximum sales in last four years.

JSC “Scandinavian House” share of passive infrastructure equipment in 2011 reached 30% and revenues increased 41.75% while net profit rose 27,09% year to year. There many well known companies among the company’s clients like JSC “MTS”, JSC “VympelCom”, JSC “Megafon”, Tele 2, Ericsson and others.

Company CEO Alexey Kim mentioned that JSC “Scandinavian House” which is one of the leading system integrators in Russia has bolstered its position, having created a greater variety of products. The company developed its business on neighbor markets, increased the number of projects related to sites installation and upgrade. JSC “Scandinavian House” results are well appreciated by clients and partners.   

Taking into consideration major trends of telecom market development in 2012 JSC “Scandinavian House” has set up the tasks for the upcoming year.

Among the market trends we can point out

• Network outsourcing services demand increased by operators;
• Growing importance of common projects that can decrease costs;
• Growing interest towards indoor coverage supply as 80% of traffic happens to be inside premises;
• Growing demands made by operators towards equipment suppliers (creation of more transparent procurement system and electronic workflow), operators should pass to global procurement);

Decreasing telecom equipment market capacity.