The largest Russian IT system integration company Technoserv (Техносерв) has reported its financial results for the fiscal year ended on March 31, 2009. The annual revenues of Technoserv grew 28 percent to $1.48 billion.
The revenue breakdown includes IT system integration: 81.1 percent, service and outsourcing: 11.1 percent and consulting: 4.1 percent.
Founded in 1992, Technoserv employs staff of 1620. The company is majority owned by the Ananiev brothers who control the banking group Promsvyazbank and other industrial assets.
In September 2008, Technoserv acquired 74 percent of software outsourcing provider Reksoft.