Are you sure?

IND Group sees HUF 3 bln plus revenue in 2011

Hungarian-owned IND Group, a developer and provider of banking front-office products on the European e-finance market, aims to boost revenue to over HUF 3 billion this year from HUF 2.8 billion in 2010, managing director Balázs Vinnai said at a press conference on Tuesday.

IND Group had EBITDA of €1.5 million in 2010, Vinnai said.

IND Group has offices in Slovakia, Romania, Poland and Germany, in addition to Hungary, and it operates with partners in Croatia, the UK, the Middle East, Iraq, Ukraine and Russia.