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Archives for May 2010

VTB Capital Invests in EPAM Systems

Files under: Enterprise, News
Posted by: Quintura @ 10:22 [12. 05. 10]

VTB Capital, the asset management arm of Russian banking group VTB, has acquired a minority stake in the largest Central and Eastern European software engineering outsourcing services provider EPAM Systems. Founded in 1993, EPAM has 90% of its 5,400+ staff located in software development centers in Belarus and Russia. The company reported revenues of $160 [...]