eWork to establish operations in Poland

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eWork's Board of Directors has resolved to establish operations in Poland. The objective is to meet a growing demand for consultants in Poland, both from existing Nordic customers and from the local market. Operations will be conducted in a separate subsidiary with an office in Warsaw and are expected to commence in the second quarter of 2015.

- This is an attractive business opportunity for us. We already have several existing customers who have shown great interest, now that we will establish a strong presence with an experienced and knowledgeable team in place in Warsaw, comments Zoran Covic, president and CEO of eWork.

Poland has over 38 million inhabitants, compared with 27 million in eWork's home market, the Nordic countries. The Polish economy has had a higher growth than the Nordic countries for a long time.

Warsaw will be eWork's first office outside the Nordic countries. eWork has successfully established several local offices, not only in the Nordic capitals, but also in various locations in Sweden. As late as 2014, an office was opened in Västerås in connection to eWork signing a contract for consultancy needs to ABB.

- Our business is well positioned for continued positive development in our home markets. Not least our outsourcing assignments have taught us to quickly reproduce our concept for new large customers, in new areas of competence in new locations. Thus, we are well prepared to take this step outside the Nordic region, says Zoran Covic.

The Polish operations will be conducted through a wholly owned subsidiary. The establishment is covered by the existing business development budget in 2015.

- This is an attractive business opportunity for us. We already have several existing customers who have shown great interest, now that we will establish a strong presence with an experienced and knowledgeable team in place in Warsaw, comments Zoran Covic, president and CEO of eWork.

Poland has over 38 million inhabitants, compared with 27 million in eWork's home market, the Nordic countries. The Polish economy has had a higher growth than the Nordic countries for a long time.

Warsaw will be eWork's first office outside the Nordic countries. eWork has successfully established several local offices, not only in the Nordic capitals, but also in various locations in Sweden. As late as 2014, an office was opened in Västerås in connection to eWork signing a contract for consultancy needs to ABB.

- Our business is well positioned for continued positive development in our home markets. Not least our outsourcing assignments have taught us to quickly reproduce our concept for new large customers, in new areas of competence in new locations. Thus, we are well prepared to take this step outside the Nordic region, says Zoran Covic.

The Polish operations will be conducted through a wholly owned subsidiary. The establishment is covered by the existing business development budget in 2015.

For further information, please contact:

Zoran Covic, President and CEO, +46 8 50 60 55 00, + 46 (0) 706 65 65 17, zoran.covic@ework.se
Magnus Eriksson, deputy CEO and CFO, 46 (0) 8 50 60 55 00, 46 (0) 733 82 84 80, magnus.eriksson@ework.se

eWork Scandinavia AB (publ) is a complete consultant supplier with over 4,500 consultants on assignment within the fields of IT, telecoms, technology, and business development. eWork offers an objective selection of specialists from the largest consultant network on the market with over 65,000 consultants, offering clients better pricing, quality and time efficiency. eWork has framework agreements with more than 140 clients among the Nordic region’s leading companies active in most sectors. The Company’s share is listed on Nasdaq Stockholm.