Business News

Tieto businesses in Latvia merge into one company

Monday 20. September 2010 - At the Tieto Latvia official office opening ceremony on 16 September, the company announced that TietoEnator Alise, SIA is changing its name to Tieto Latvia and will merge with another Tieto subsidiary in Latvia - TietoEnator SIA at the beginning of 2011. With more than 640 employees, Tieto Latvia will become the largest IT service provider in the Baltic States.

Tieto Latvia offers its enterprise and public sector customers a full set of infrastructure, application development as well as cloud services. To make this happen, Tieto Latvia has its own fast growing team of talents, supported by the best practices and competencies from the 17 000 people in Tieto Group. Tieto Latvia has also global R&D competence centres such as Tieto’s card solutions unit, and the products developed in Latvia are used by banks in various countries around the world.



“Latvian society, companies and the government, are taking major steps in increasing productivity and questioning old ways of working. We at Tieto are excited about this development and we are committed to support this progress. In reality, this means merging our current businesses in Latvia, investments on new competencies as well as introduction of full set of new services. We believe that by working together, we can offer excellent platform for Latvia and enhance the country’s competitiveness in the global competition”, says Pekka Viljakainen, head of Tieto International.



Elm?rs Gengers, Tieto Latvia, Country manager: “The merger of Tieto companies in Latvia, new office and the change of the company name are the final steps in the integration of Tieto´s businesses in Latvia. This will make us more flexible, productive and allow us to provide better service to our customers”.