JSC SITRONICS (SITRONICS or the “Group”) (LSE:SITR), a leading provider of telecommunications, information technology and microelectronic solutions in Russia and the CIS, with a growing presence in other EEMEA emerging markets, today announced that its subsidiary SITRONICS Smart Technologies (SST) has won a tender to deliver Visa and MasterCard chip bank cards during a three year period for Sberbank of Russia, which is the largest bank in Russia and the CIS.
Sergey Aslanian, President and Chief Executive Officer of SITRONICS, commented: “The award of the Sberbank contract is proof of the high quality of SITRONICS’ products, and our competitive price offering. We look forward to continue to successfully develop our cooperation with Sberbank.”
Viktor Orlovsky, Senior Vice-President of Sberbank of Russia, commented: “We applied a set of challenging criteria to all of the participants in the tender and SST’s offering was optimal in terms of quality, pricing and efficient delivery. We already have a successful track record of implementing projects with SITRONICS, and we are happy to continue our mutually beneficial cooperation.”
SITRONICS
