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Fastek

Company


Owners:
Rostelecom - 51%

Content

Financial results
2023 year
Revenue: 343848 Ths. rub

Owners

+ Government of the Russian Federation

Fastek is a manufacturer of software for managing housing and communal services (housing and communal services).

Financial performance

2023: Revenue - 343.848 million rubles

The revenue of the company "Fastek" at the end of 2023 amounted to 343.848 million rubles. Read more about Rostelecom's IT ecosystem here.

Data for 2023

History

2020: Rostelecom bought Fastek

On August 6, 2020, Rostelecom announced the acquisition of Fastek. The value of the transaction was not disclosed. The national telecom operator issued the purchase of 51% of the developer of solutions in the field of housing and housing and utilities management through its subsidiary Netris JSC (the center of competence of PJSC Rostelecom in the field of video surveillance).

Rostelecom includes proprietary software in the field of creating unified information and analytical systems for housing and communal services, automated systems for managing the capital repair fund, state housing inspection, and collecting data for energy supply management as key assets of Fastek. At the same time, by the beginning of August, Rostelecom already uses Fastek products as part of the implementation of complex projects in the housing and communal services sector in the Moscow region.

Rostelecom bought a developer of software for housing and utilities management
File:Aquote1.png
We continue to integrate assets with important competencies in the field of complex smart housing and communal services solutions into our business, "says Anna Shumeiko, Senior Vice President, Chief of Staff of the President of Rostelecom. - Fastek is another acquisition that will strengthen our product line in the field of digitalization of housing and communal services and its position in this market segment.
File:Aquote2.png

A month before the announcement of the deal with Fastek, Rostelecom announced the conclusion of legally binding agreements on the acquisition of 51% of the supplier of software solutions in the field of housing and housing and utilities management, Forkam LLC. The absorbed company develops software for organizing accounting, planning and maintenance of urban infrastructure facilities, monitoring the work of contractors and inventory of housing and communal services facilities.

"Rostelecom" has long been engaged in the direction of housing and communal services. Earlier, the operator ensured the implementation of an appropriate unified IT system throughout Russia.[1]

Notes