Digia to establish a subsidiary in China

Digia Plc Press release 4.4.2008

Digia will establish a subsidiary in Chengdu, China, and intends to recruit 50-100 employees for this unit during 2008. The company is seeking to launch its first software projects in the summer of 2008 and will open a sales office in Beijing later this year.

Digia’s expansion into Asia forms part of the company’s controlled internationalisation strategy. For Digia, expansion to the east entails both an entry into new markets and further development of the company’s present service range to include off-shore services. These services will complement Digia’s current offering and are expected to provide new business opportunities from the perspective of the entire Digia Group. The new services will also provide excellent support for Digia’s present customers in the Asian markets.

“Since there is major demand for off-shore services among our clientele, we decided to meet this demand by launching operations in China. Our customers have a genuine need for off-shore services, so we are expecting a smooth start-up for our Chinese subsidiary from the very beginning. Furthermore, we expect our Chinese operations to bring us new customers in the rapidly growing Chinese markets”, said Juha Varelius, President and CEO of Digia.

Home to 11 million inhabitants, the city of Chengdu is the capital of the Sichuan province that has more than 100 million inhabitants. Most of Digia’s Asian customers have operations in Chengdu. This, combined with the fact that the city is home to 40 universities and colleges, provides a solid basis for Digia’s organic growth targets.

Digia Plc

Juha Varelius
President and CEO

For further information, please contact:
Juha Varelius, President and CEO,
tel. +358 400 855849, e-mail: juha.varelius@digia.com

Digia delivers information and communication technology solutions worldwide. Our strength in smart mobile devices and real-time information systems enable a mobile life.

Our clients are entities who want to capitalise on digital information in their business. New technologies, well thought usability and modern service channels enables real time access for correct information or services through their computer, a mobile handset or any other digital device.

We are based in the Nordics, operating globally and employing over 1,200 professionals. We are listed on the OMX Nordic Exchange Helsinki (DIG1V).

About Us

Digia is a profitably growing IT service company that helps its customers harness digital opportunities As a visionary partner, Digia develops and innovates solutions that support business operations together with its customers. We adapt our expertise to their specific industries to help them develop digital services, manage operations and utilise information. We employ 750 experts in Finland and Sweden. We are expanding our international presence together with our customers. Digia’s continuing operations had net sales of EUR 81 million in 2015. The company is listed on NASDAQ Helsinki (DIG1V).