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IT S7 (S7 IT)

Company

S7 Information Technologies LLC

Owners:
S7 Airlines Siberia Airline - 100%

Content

Financial results
2023 year
Revenue: 1.5 millions Ths. rub
Net Profit: 0.0786 millions Ths. rub

Owners

S7 Information Technologies LLC is part of the S7 Airlines holding and meets the needs of the holding in the IT sector: from servicing workplaces to providing backbone communication channels and software development.

Performance indicators

2023

In 2023, the revenue of S7 Information Technologies LLC amounted to ₽1,5 billion, which is 24% more than in 2022. Net profit reached ₽78,6 million.

History

2024: Merging with two other S7 Group companies

In July 2024, S7 Group announced the reorganization of its three subsidiaries through a merger. As a result of this process, CJSC S7 Group of Companies will merge with S7 Information Technologies LLC and Invest Finance LLC.

According to RBC, the merger procedure began on July 10, 2024. According to an extract from the Unified State Register of Legal Entities, S7 Information Technologies and Invest Finance will cease operations after the reorganization is completed, while the S7 Group of Companies will continue to function.

S7 merged IT "daughter" with two other companies of the group

Representatives of the S7 Group explained that the planned reorganization is related to the internal processes of the holding and is aimed at improving the efficiency of work.

CJSC C7 Group of Companies, registered in Moscow, specializes in managing financial and industrial groups. The organization owns the trademarks S7 Logistic and Citrus.

S7 Information Technologies LLC, based in Novosibirsk, develops specialized software products for S7 Group divisions. Invest Finance LLC, registered in Moscow, provides accounting services.

One of the main assets of S7 Group is Siberia Airlines JSC, operating under the S7 Airlines brand. The company is registered in the city of Ob, Novosibirsk region and traces its history since 1957. In 2024, S7 Airlines is the largest private air carrier in Russia.

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The merger of companies will allow us to optimize business processes and increase the overall efficiency of the group, which is especially important in the current economic conditions, - commented on the situation CEO of S7 Group Tatyana Fileva.[1]
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Notes