OREANDA-NEWS. Armada JSC (MICEX-RTS: ARMD) is ranked among Top 20 largest IT companies of Russia (as per the profit gained) by Expert RA and moved up 4 places in the rating.

According to the results of 2012, the Armada’s revenue equaled to 5.58bn roubles, which is 20% higher than the results of 2011. As per this indicator, the company is far ahead of the Russian IT-market, the growth rates of which amounted to 4%—7% last year, based on the estimations made by different analytical agencies.

In 2012 the main types of Armada’s activities were software development and IT services delivery. Long-term contracts for support of the previously developed IT solutions became a considerably new business area of the company.

"We are planning further development of these very segments, namely software development and IT services, and we firmly believe that this strategy will contribute to the successful development of Armada in the longer term" explained Roman Kruglyakov, General Director of Armada JSC .

Armada (MICEX-RTS: ARMD) is a leading Russian software developer and IT service provider for public and corporate customers in Russia. It ranks among Russia’s top 5 software developers (Expert RA). Armada also tops the Russian rankings of web developers for the corporate sector (CMS Magazine), healthcare information system developers (Cnews), project management, etc. The company’s customers include over 1,500 organizations including 75 of Russia’s top 100 companies. Armada’s solutions are used by over 30m people in Russia.