Ferrum IT Group

Ferrum IT Group is a system integrator specializing in infrastructure projects.

Among the customers of the company:

• Banks: Sber, PSB, MKB, Raiffeisen, Tinkoff, Alfa Bank
• Trade: X5 Group, Magnit, Ozon, Lenta, Delicious - and Point, Riv Ghosh, Red and White
• Telecom: VimpelCom, Rostelecom, Megafon, MTS, Yandex

Performance indicators

2023: Revenue of the new integrator Ferrum IT Group in the first year of operation amounted to 1.3 billion rubles

Ferrum IT Group, a system integrator focused on infrastructure projects, released its 2023 financial results in mid-April, which ended for the company on March 31. According to Ferrum IT Group, it already has a large hundreds of customers, although it was organized by employees of various integrators only in 2022.

The company employs 150 people. The main areas of activity are banking, retail and telecom.

𝓲

Ferrum IT Group

Among our clients today are three types of companies, - Maxim Makovsky, CEO of Ferrum IT Group, shared information with TAdviser. - Firstly, these are the companies to which FERRUM previously supplied IT equipment and software. Secondly, these are organizations with which agreements have been concluded and obligations are being fulfilled. And finally, the third category is those companies with which we are qualified as a service provider, equipment and software provider, which allows us to conduct presale and participate in competitions.

It should be noted that the official financial data of^[1]published on the website of the Federal Tax Service based on the results of the calendar 2023, differ somewhat from those announced for the financial year ending March 31. The company's revenue, according to the Federal Tax Service, is 878.5 million rubles with a net profit of 14 million rubles. The cost of the company's services is very high - 856.2 million rubles, that is, in fact 97.5% of revenue. However, for infrastructure projects with a large amount of equipment, this is normal.

Moreover, the financial data of the integrator Tegrus (LLC "MP")^[2],^[3] on the basis of which the Ferrum IT Group was actually created, deteriorated greatly this year. The turnover of the "parent" decreased from 10.4 billion rubles in 2022 to 3.1 billion rubles in 2023, although net profit fell not so dramatically: from 130.9 million rubles to 88.9 million rubles, respectively. A possible reason is the inclusion of Tegrus in the US sanctions list.

Ferrum IT Group in 2023 took on a loan of 118 million rubles to cover debt obligations. However, already in the first quarter of 2024, the company earned another 500 million rubles. This explains the discrepancy in revenue between the fiscal year and the calendar year.

Ferrum IT Group does not plan to go to IPO to attract financial resources of private investors.

It is important to understand what we will spend these borrowed funds on tomorrow, - Maxim Makovsky explained for TAdviser. - In our strategy there are no very capacious tasks in terms of finance for tomorrow. We have ambitions to develop the market, but with our finances we are confidently honoring ourselves. We are still finding ways to be in balance.

Maxim Makovsky talks about the work done in the first year of the existence of Ferrum IT Group

The main areas of activity of Ferrum IT Group for themselves determined the creation of engineering and computing infrastructure of data centers, information security, integration of information systems, the introduction of multimedia solutions, personal devices and communication systems together with engineering and automation of business processes. The company believes that solutions to these problems for customers will provide them with work for a long time. At the same time, the company identified the fuel and energy complex and state customers as promising areas for further business development. The purpose of the company is to join the 25 largest integrators in Russia.

History

2024

Why does an engineer need GPU load sharing in VDI

The Russian industry is growing, and with it the volumes with data which employees of enterprises work. Anton Strelnikov Ferrum IT Group CTO talks about innovative workplace security solutions. Read more here.

The company's entry into the market

In March 2024, a new IT company, Ferrum IT Group, was announced to enter the market, which is positioned as a universal system integrator of the full cycle. The company said that it was launched by a team of experts with experience in such large market players as Jet, Tegrus, CROC, Technoserv.

According to the database of legal entities Kontur.Fokus, "the 100% owner of the company as of March is Denis Kozlov, the former general director of Tegrus (LLC MP, formerly Merlion Projects). From July 2022 to February 2024, he was the 100% founder of MP LLC. And Maxim Makovsky was appointed general director of Ferrum IT Group, who previously also held a similar position at MP LLC for some time.

Ferrum IT Group will work according to the model of a full-cycle integrator. We have a confident expertise for building computing, engineering infrastructure, information security systems, multimedia and information systems. The team plans to enter the top 25 system integrators in Russia, says Maxim Makovsky.

source = Screenshot from Ferrum IT Group

The company says that Ferrum IT Group has brought together specialists who can solve the current problems of Russian business. The team will help customers automate processes to improve productivity, update the IT fleet of the enterprise, develop an infrastructure design and implement it turnkey, and ensure the transition to Russian solutions for compliance with regulatory requirements.

The Ferrum IT Group expects that the "relationships with vendors developed over the years" will allow its team to offer customers a wide range of software and hardware products and choose the optimal solution for business tasks. To model solutions, the Ferrum IT Group team has its own test laboratory and the ability to deploy pilot test zones on customer equipment.

source = Screenshot from Ferrum IT Group

The Ferrum IT Group website presents brands of Russian suppliers of IT products and services with which it cooperates. And among the clients are listed such companies as Promsvyazbank, Rostelecom, Alfa-Bank.

LLC "MP" in February fell under blocking: sanctions USA it was included in the SDN-list of the Office of Foreign Assets Control (OFAC^[4]The revenue of MP LLC in 2022 amounted to 10.4 billion with an rubles increase of 94%, net profit - 130.9 million rubles. The company has not yet released its reporting for 2023 as of mid-March.

Notes