On July 1, 2010, a representative office of IBA Group in the Republic of Kazakhstan was legally registered. Kazakhstan became the eighth country in the world where IBA Group has a permanent presence.

Since 1996, IBA Group has been working in Kazakhstan and other countries of Central Asia on major long–term projects. The IBA’s clients in the region include the railways of Turkmenistan, Uzbekistan, and Kazakhstan; the Ministry of State Revenues of Kazakhstan; and a Kazakh oil refinery.

The second largest country in the Commonwealth of Independent States (CIS) and ninth in the world, the Republic of Kazakhstan is a leading consumer of software and IT services. In 2009, the IBA exports to this country amounted to US$0.7million. Currently, the cooperation is being intensified on an extended scale.

In June 2010, IBA was selected the developer of an electronic workflow (EW) system for the state governing bodies of Kazakhstan.

In addition, IBA is developing an automated management system for the Kazakh Railways. The system is designed to automate business processes and support management decisions in cargo transportation. The project scope is comparable with a nationwide program intended for a global IT giant and is planned to span up to three years.

According to Sergei Levteev, IBA Group President, “the company’s growth strategy is guided by the requirement to be closer to customers to serve them in the best possible way. As IBA is implementing several large–scale projects in Kazakhstan, the company management made a decision to invest in the opening of a new office. We also view Kazakhstan as a promising destination because all of its branches and entities, including government bodies, public organizations, and private enterprises are in need of IT solutions and IBA is ideally positioned to meet the demand”.