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Russian IT service Sofline has begun preparations for an IPO

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Russian IT service Sofline has begun preparations for an IPO

Russian IT-solutions service Softline intends to conduct a double listing, Forbes reports.

The placement is planned on the Moscow and London stock exchanges, with VTB as the offering organizer. In total, the company expects to attract half a billion dollars.

Softline, an international IT company, is a provider of IT solutions and services. The organization is present not only in Russia, but also in Eastern Europe, Central Asia, America, India and South-East Asia.

Last year, the company's turnover grew by 9% to $1.8 billion.

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Author: Ksenia Gustova

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