ARRIBATEC: Signs NOK 20 million cloud contract extension
(Oslo, Norway, 3 May 2023) Arribatec Group ASA (Arribatec, OSE:ARR) has signed a contract extension for the provision of cloud outsourcing services with a large Norwegian civil engineering contractor, representing an uplift of NOK 20 million.
"We are proud to sign a long-term contract with one of the leading civil engineering contractors in Norway. Arribatec will be providing state-of-the-art IT solutions, infrastructure, and services over the next three years. The partnership is of strategic importance to Arribatec, and highlights how we deploy our competence and experience across our core business areas to deliver cutting-edge expertise with increased customer value," says Geir Johansen, CEO of Arribatec.
The civil engineering contractor has been a customer since 2019 and the renegotiated contract has an estimated value NOK of 51 million over three years, representing an increase of NOK 20 million.
"We are very excited to be selected for delivery of a wide scope of services and products for the customer's operation. This is an exciting opportunity, and we look forward to continuing this journey together with the customer," says Erik Sundet, Head of BA Cloud in Arribatec.
ENDS
For additional information, please contact:
Geir Johansen, CEO, Arribatec Group ASA: +47 4771 0451
About Arribatec | www.arribatec.com
Arribatec is a software and consulting company headquartered in Oslo. With a customer-centric engagement model combined with a deep system, integration, and domain competence, Arribatec builds long-term strategic partnerships with a broad customer base. Arribatec serves more than 1700 companies spread over 25 countries and various industries in the private and public sectors. The company employs over 350 people with offices in 17 countries and is listed on the Oslo Stock Exchange under the ticker code ARR.