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Sberbank (formerly Korus Consulting CIS)

Company

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Owners:
Sberbank - 100%
Revenue and Net Profit millions Ths. rub

Number of employees

Owners

Sberbank (formerly Korus Consulting CIS) - operator of electronic inter-corporate document management (EDO), provides organizations and individual entrepreneurs with services for the exchange of commercial and legally significant documents, as well as services for the transfer of mandatory reporting to state bodies of the Russian Federation. The company is the leader of the Russian EDI technology market with a network of partners throughout the country. Since 2012, Sberbank has been a member of the Sberbank group of companies and is the developer of the bank's online services.

Products and Services

The key competence of the company is the provision of EDI service (electronic exchange of external documents between counterparties, mainly between retail chains and their suppliers). A source close to Sberbank (May 2012) says that Korus Consulting CIS estimates its share in the EDI market at 80%. More than 15 million electronic documents per month are transferred in Russia using the Sberbank services (data from May 2017).

The company owns the E-Invoicing sub-brand - EDO from Sberbank, combining the functions of submitting reports and exchanging legally significant documents with counterparties, is available to Sberbank customers from the Sberbank Business Online Internet Bank (SBBOL). More than 300 thousand bank customers use the electronic document management service.

  • Digitalization of business, automation of business processes (primarily in retail)
  • Digital state projects
  • Banking services
  • Electronic Legally Relevant Document Management (EDM)
  • Electronic Exchange of Financial, Commercial, Logistic Documentation (EDI)
  • Electronic digital signatures (UEP, UEP, PED)
  • Personnel electronic document management (EDC)
  • Reporting to government agencies (FTS, PFR, FSS, Rosstat)
  • Distribution and Omnichannel Sales Management, Supply Analytics
  • Labeling of goods
  • Customs Clearance Processes
  • Document flow in the process of cargo transportation, automation of processes with carriers
  • Organization of business trips
  • Verification of counterparties and individuals, rating of legal entities
  • 1C Solutions - Accounting and Management Automation, Site Development
  • Any IT Development Questions

In addition to EDI, Sberbank has several Solutions SaaS in its portfolio - Electronic Student Diary, Electronic back office travel management service, service for submitting reports to government agencies, etc. In addition, the company provides services for the development of BI solutions based on Oracle Database.

Sabercorus ":

Licenses

Performance indicators

2021: Revenue growth by 49.9% to RUB 5,023 million

At the end of 2021, the revenue of SberKorus amounted to 5,023 million rubles, an increase of 49.9% compared to 2020, which allowed it to take 100th place in the ranking of TAdviser100: The largest IT companies in Russia 2022.

History

2024

Extension of the status of the official operator of the state system of electronic transportation documents of the Ministry of Transport of Russia

SberKorus ‒ the operator of the service of electronic documents for transport-logistic industries and the passenger transportation industry ‒ extended the accreditation of the official state information operator. electronic transportation document systems (GIS EPD) This SberKorus accreditation is Ministry of Transport Russia valid until September 16, 2026. The company announced this on August 9, 2024.

Transport EDO from SberKorus is a convenient service for accounting and automation of logistics processes in any passenger and cargo transportation and the exchange of transportation documents using an electronic signature (EP). The solution is an intuitive mobile application for the driver and the personal account of the shipper, carrier, consignee, mechanic and physician.

The functionality of the service allows the client to control the process of delivery of goods and translate into electronic form such types of documents as a bill of lading, order-request, flight register (automatic approval of the list of flights) and a universal transfer document for transport services (closing the package of documents on the basis of which the flight is paid), waybill, forwarding receipts and orders to the forwarding agent. Also, using an advanced search, you can find the desired document by its number and status, counterparty and driver, who carries the cargo or passengers. Service integration is possible with any accounting system. At the same time, the electronic document signed by the EP is legally significant and can be transferred to the Federal Tax Service and other government agencies.

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Initially, the GIS EPD project was conceived in such a way as to use the existing infrastructure of EDO operators broadcasting information from shippers, consignees and carriers, and, thus, have a minimal impact on the processes established in the industry, while demonstrating the customer centrality of the new service. EDO operators are a key link in the interaction of the state and business in the implementation of electronic document management in transport. In the register of operators of electronic transport documents, only those companies that fully comply with all the requirements of the Ministry of Transport of Russia are accredited, enjoy authority in the transport services market. SberKorus is among the most active. Using its unique resources, SberKorus effectively attracts new participants in the process of sharing EPD, supports all innovations in this segment. The company has a special attitude towards customers, taking care of each of them, demonstrating an individual approach to each specific situation. We look forward to our fruitful cooperation in the future,
said Ilya Perevalov, General Director of FSUE ProtectionInfoTrans.
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The creation of high-quality digital products for business growth is the main mission of SberKorus. The list of GIS EPD of the Ministry of Transport of Russia is an important reference point for us in the digital transformation of business in the transport and logistics industry, and it helps potential and existing customers of the company to get acquainted with the tasks that the introduction of electronic transport document management solves. The Transport EDO service from SberKorus fully complies with the regulatory and technical requirements imposed by the Ministry of Transport, the Ministry of Digital Development and the Federal Tax Service of Russia. Connecting to the Transport EDO service saves business funds and time for employees spent on document management. Among the main advantages in registering this system ― the accelerated document flow process by 4 times (compared to paper) and the absence of errors that occur when manually entering data. It will take only one minute to fill out the bill of lading and other logistic documents with an electronic signature online. According to SberKorus experts, the service provides 24 times less costs for data processing in transport and logistics processes, which stimulates its use as a logical and beneficial stage for all parties in the further digitalization of Russian business, ‒ said Vitaly Tarasov, CEO of SberKorus.
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In December 2023, the company for the first time extended accreditation in GIS EPD. Earlier in 2022, SberKorus became the official operator of the state system of electronic transportation documents.

In January 2024, the service for the digitalization of transport document management in Russia was included in the register of domestic software.

Renewal of accreditation of the certification center from the Ministry of Digital Development of Russia for the issuance of electronic signatures

Certification Centre (CC) SberKorus confirmed compliance with the requirements of accreditation of the certification center and will continue to create qualified certificates electronic signature of an individual, which can be used, among other things, as a CEP of an employee with a machine-readable power of attorney from the head of a legal entity or. SP The company announced this on July 5, 2024.

The Company will continue to create qualified certificates of electronic signature (CEP), in accordance with the requirements of the Law "On Electronic Signature" dated 06.04.2011 No. 63-FZ.

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SberKorus RC regularly confirms its accreditation, thereby demonstrating its competence, reliability and compliance with high quality standards and the requirements of Russian legislation. Trust in us is confirmed, by government agencies including Federal Tax Service of Russia Ministry of Transport Russia Ministry of Digital Development in Russia, as well as by large commercial and state organizations, including Sberbank, which choose SberKorus as their operator, ‒ electronic document management said Vitaly Tarasov, General Director of SberKorus.
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Inclusion in the US SDN Sanctions List

At the end of February 2024, Korus Consulting CIS was included in the US SDN sanctions list. Earlier, since 2014, Korus Consulting CIS was already on the US sectoral sanctions list[1].

Russian IT companies that fell under US, EU and British sanctions in 2022-2024 TAdviser map

Map of sub-sanctioned IT companies. Click to enlarge

TAdviser drew up a map of Russian IT companies in 2022-2024. which fell under the sanctions of the United States, the EU and Britain. It included, among other things, the company "Korus Consulting CIS." The article about the map can be found here.

Appointment of Rustem Iskakov as Information Technology Director

SberKorus appointed Rustem Iskakov, a native of the SOLLERS and Magnit Group of Companies, as the company's information technology director. SberKorus announced this on February 1, 2024. Read more here.

2022: Import substitution: business collapse or new opportunities? Instructions for transition without risks

The digital platform for companies and individuals SberKorus will take part in the conference "Import substitution in the new conditions of 2022" on May 18, 2022.

To date, SberKorus is Sber's software supplier No. 1, organizer of digital transformation processes for the largest companies from 58 regions of Russia. In April 2022, SberKorus launched an import substitution platform for all types of businesses, where 71 Russian software products are presented, capable of replacing 122 foreign counterparts. 124 functional business processes in companies can already be completely transferred to Russian software and equipment using SberKorus.

Speaker: Ksenia Khizova, Director of Products and Business Development SberKorus

The theme of the speech:

Digital reorganization: how to ensure a quick transfer of the company to Russian software and equipment without risks to business

Ksenia will share information on the import substitution strategy, as well as:

  • will tell you how the SberKorus platform survived the transition period: what tools and techniques were used;
  • will conduct a full overview of Russian software, equipment and services that can be used safely;
  • will tell you how companies develop a personal import substitution card;
  • will show the stages of implementation of new tools and ways to minimize the timing of pilot projects;
  • will talk about the results that the company will receive after the implementation of import substitution.

The main feature of the SberKorus import substitution platform is the ability to create an individual plan for the company's transition to Russian software and equipment. On the platform, you can select only the necessary programs and combine them into a single implementation complex.

This approach will ensure the stability and long-term reliability of all business processes of the company.

2020

Revenue - 3,352 million rubles

At the end of 2020, the revenue of SberKorus amounted to 3,352 million rubles.

"Korus Consulting CIS" changes its name to "Sberbank"

On September 25, 2020, it was announced that Korus Consulting CIS was renamed. The new name of the Russian operator of electronic document management and the supplier of Solutions SaaS for business is "Sberbank."

The company is part of the Sberbank group, the rebranding of which was officially announced on September 24, 2020. It is noted that the rebranding process (in addition to the name, "Korus Consulting CIS" changes the logo) will take several months and will be completed in December 2020.

"Korus Consulting CIS" changes its name to "Sberbank"
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As part of the rebranding, we tried to maintain the recognition of our company and demonstrate our connection with the Sberbank ecosystem. Changing the name will simplify communication with the brand, and will also help get rid of abbreviations that have ceased to reflect the current activities and strategy of the company, - said Alexander Savelyev, head of marketing at Sberbank.
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The company has been operating under the Korus Consulting CIS brand since its acquisition by Sberbank in 2012. Starting as an EDO and EDI provider, Korus Consulting CIS has significantly expanded the list of presented business products over the past eight years, and is also actively developing in the custom development market. By the end of September 2020, the company's strategy includes the development of solutions for the integrated digitalization of business and government agencies.

According to Sergei Mashurin, head of Sberbank, the company is constantly expanding its capabilities and areas of presence, having long moved on to the following global goals: creating convenient and functional products for businesses of different segments, developing and implementing new generation digital tools.

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From this point of view, rebranding and changing the name to "Sberbank" is a landmark event that emphasizes the compliance of our plans with the strategy of Sberbank, "Mashurin emphasized.
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Inclusion in the list of backbone organizations of Russia

On April 29, 2020, Sberbank announced that Korus Consulting CIS (part of the Sberbank ecosystem) was included in the list of backbone organizations of the Russian economy in the field of information technology, communications and mass media, which was approved by the Government Commission to improve the sustainability of the development of the Russian economy and the Ministry of Communications and Mass Media of Russia.

The latest version of the list reflects and groups 91 organizations by sub-sectors of information and communications. The list was updated by the Ministry of Telecom and Mass Communications of Russia based on the results of assessing compliance with established industry indicators and criteria for classifying organizations as system-forming.

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The inclusion of KORUS in the list suggests, first of all, that we, like other companies from the list, are useful to our customers and are necessary to maintain a favorable economic environment as a whole. In such unstable times for business, it is very important to understand exactly what place the company occupies and what the state sees in terms of positioning in the market,
said Sergey Mashurin, head of KORUS Consulting CIS
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Backbone organizations are large corporations and holdings that make a significant contribution to the development of the country's economy. Inclusion in the list of backbone provides the company with access to preferential lending and state guarantees for investment projects, debt refinancing, etc.

2019:81% profit growth to RUB 335 mln

On February 19, 2020, Korus Consulting CIS announced the results of its work in 2019.

In 2019, the company increased its profit to 335 million rubles (by 81% compared to 2018) and revenue to 1.95 billion rubles. The total amount of supplies through KORUS services exceeded 4 trillion rubles.

The Company completed 2019 as Sberbank's main vendor for IT development of the Bank's automated systems, both by the number of projects implemented and by the total amount of contracts.

In 2019, KORUS continued to transfer Sberbank Group's business processes to electronic document management. In 2019, the traffic of electronic documents between the bank and its counterparties increased by 33% and exceeded the mark of 15 million documents. The share of electronic universal transfer documents (EUPD) amounted to 97% of the total number of APDs that Sberbank sent to its customers. Processes have been transferred to EDO: document flow on operations on the stock market, business processes on engineering companies and the exchange of documents between Sberbank PJSC and its suppliers on internal business transactions.

KORUS expands the scope of EDO in the field of lending, providing electronic circulation of 100% of credit monitoring documents and developing technological infrastructure at all stages of concluding a credit transaction. 83% of credit and security documents (RCD) in the segment of large and medium-sized businesses are signed for February 2020 in electronic form. For loans of the small and micro-business segment (MMB), electronic signing of the Code and consents to the processing of personal data was implemented, while 90% of electronic signatures for MMB clients are issued by the KORUS Certification Center within 2-3 minutes. Also in 2019, KORUS was responsible for the implementation of a whole cluster of projects ("Credit Factory UL," "Collegial Bodies" and AS RCD), which help to automatically form the necessary documentation between the bank and the borrower, as well as AS "Commercial Real Estate Aggregator." As of February 19, 2020, projects are at the stage of implementation and pilot operation.

More and more retail chains and their suppliers deliver through KORUS services (EDI and EDO). KORUS retains its leadership position in the EDI market, being the first company to bring EDI to Russia. 90% of all retail chains in Russia, as well as 6 thousand of their suppliers, trust the scope of automation of supplies to KORUS.

The main expertise of the company - automation of business processes, electronic document management, software development and IT consulting - is used not only by companies of the Sberbank ecosystem, but also by hundreds of thousands of legal entities throughout Russia. At the same time, KORUS does not work according to the usual time material model for the market (supply of IT specialists), but according to the principles of the project approach: a separate IT team is allocated for each development project, which takes over the development of a separate automated system. This model of work allows you to increase expertise and develop competence centers within yourself.

Sales of KORUS services through Internet-bank for legal entities Sberbank Business Online (SBBOL) doubled at the end of 2019. 7 out of 37 non-banking services SBBALL are integrated SaaS KORUS services. The sales headliner is the Counterparty Verification service, thanks to which business owners can conduct a comprehensive due diligence check of counterparties. In addition, the SBBOL product shelf is filled with such KORUS services as "Electronic Archive," "Document Designer," the "Reporting In" service, state agencies"Electronic Signature for Bidding and" and state portals others.

In 2019, KORUS launched two travel services: "Business trips" (registration of business trips, purchase of railway and air tickets, hotels) and "Commandeering" (a boxed solution for the B2B segment with the ability to integrate with the ERP system and the portal "Thank you Travel," which allows you to purchase air tickets for bonuses THANK YOU).

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Over the past 4 years, our company has grown from a highly specialized electronic document management operator to one of the most dynamically developing IT companies on the Russian market. We have a good expertise in the field of IT development in the financial sector and retail, a large line of digital services that allow us to close almost any customer needs. More than half a million individuals, legal entities and individual entrepreneurs use our services in their work every month. Our strategy for the next 4 years is to become the largest IT company in Russia, to contribute to the development of Sberbank's ecosystem and digital platform and its distribution at the federal and municipal levels and in the business environment.
said Sergey Mashurin, head of KORUS Consulting CIS
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2018: Revenue growth 32.7%

At the end of 2018, the revenue of Korus Consulting CIS increased by 32.7% percent and amounted to 1 billion 507.3 million rubles. Net profit increased by 66% and amounted to 185.2 million rubles.

Korus Consulting CIS continued to develop its business - electronic document management (EDO and EDI) in the B2B and B2G segments. In 2018, the number of electronic documents in supply management chains amounted to more than 245 million.

Logo Korus Consulting CIS before renaming to the company "Sberbank"

In 2018, the company focused on product integration, automating new customer business processes with a line of interoperable solutions. Suppliers and manufacturers were offered a set of services for managing sales channels not only with retail chains, but also with logistics companies, small retail, restaurants, distribution and retail outlets of any format. The number of customers operating on the Pro Store distribution management platform increased by more than 7 times in 2018, reaching 860 companies.

A project has begun to bring a master product data management solution to market. The platform for corporate management of the entire infrastructure for issuing and renewing EP certificates for large network clients has been put into commercial operation. Work is underway to prepare for the implementation of ETTN, the updated format of the APD.

In 2018, as part of the transition to mandatory veterinary certification of meat, fish and poultry, Korus Consulting CIS successfully fulfilled all obligations to connect its clients to the Mercury FSIS system. In 2019, the company will continue to develop such projects with dairy suppliers using its product Vet.Connect.

At the same time, the company's activity is developing to integrate EDO services into banking systems and develop services for automating bank business processes. Thanks to Korus Consulting CIS, more than 91% of Sberbank's invoices at the end of 2018 were issued electronically.

An integration solution (SAP Bank and SFERA Courier) was implemented for end-to-end transfer of bank suppliers to electronic document management. The number of bank customers who switched to EDO increased by 69%, the traffic of electronic documents between the bank and its counterparties increased by 50%.

The company continues to increase expertise in the field of lending, develops and accompanies the technological infrastructure at all stages of issuing loans (from the front system to the master data system for all borrowers). The number of credit documents processed by Sberbank in electronic form increased by 183% over the year.

In 2018, Korus Consulting CIS developed 4 products for the digital bank Sberbank Business Online: Document Designer, Electronic Archive, Electronic Signature for Trading and Business Travel Service.

One of the key customers of the company is Sberbank. In 2019, the company plans to increase the volume of developments for Sberbank by 4 times and become the largest vendor in the Corporate Investment Business block.

In 2018, the Korus Consulting CIS certification center increased the issue of electronic signatures by more than 2 times. This became possible, among other things, due to the modernization of software and hardware capacities. The scope of the certificate was expanded, for which the CA was authorized on more than 200 electronic trading platforms and information resources. The geography of obtaining a certificate has been expanded to almost the entire territory of Russia.

2017

Revenue growth of 25%

Korus Consulting CIS, a 100% subsidiary of Sberbank, on April 9, 2018 announced a 25% increase in revenue in 2017 to 1.3 billion rubles. At the same time, net profit growth was 115%.

In 2017, Korus Consulting CIS launched services for clients of the bank, the parent company, as a result of which, compared to 2016, the share of banking projects in the company's revenue in 2017 increased to 19%. Korus Consulting CIS plans to offer tested banking and non-banking services to all participants in the financial market.

The introduction of EDI and the development of EDI technology in the traditional market sector for Korus Consulting CIS, retail, in 2017 increased the number of electronic documents passing through the company's servers by 38%. The following services appeared in the product portfolio: Korus OFD, Korus Catalog and Korus Pro Store (system for managing commodity movement in non-network retail), as well as Vet.Connect, an integration module with FGIS Mercury.

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The key areas for us, as before, are the development and development of digital online services - both for the banking market and, among other things, for the parent company of Sberbank, and for the retail market. In 2017, we updated and significantly expanded the technological base, increased infrastructure capacity, and increased competencies. The company grew to nearly 500 people. The coming year 2018 for us is a year of large federal projects and the rapid implementation of the boldest ideas, - commented on the results of the activities of Korus Consulting CIS Sergey Vershkov.
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Fiscal Data Operator

On May 19, 2017, the Federal Tax Service issued permission to CORUS Consulting CIS, a member of the Sberbank Group, to process fiscal data.

The KORUS OFD service fully complies with the requirements of the 54-FZ "On the use of cash registers," and also provides additional opportunities to customers. In accordance with the requirements of the 54-FZ, since 01.07.2017, all cash registers must send checks online to the fiscal data operator for further transfer to the Federal Tax Service.

Falling under Ukrainian sanctions

On May 16, 2017, President of Ukraine Petro Poroshenko, by his decree, enacted the decision of the National Security and Defense Council (NSDC) on sanctions against Russian companies and their subsidiaries in Ukraine. In total, 468 legal entities were on the sanctions list, of which 81 were related to the IT sphere. Among the companies that fell under the sanctions was also Korus Consulting CIS. Read more here.

Compliance of OFD technical means with the legislation of the Russian Federation

Korus Consulting CIS received an expert opinion from the Russian Association of Cash Register Manufacturers (RAPKaT), thus, a step towards obtaining the status of an OFD (fiscal data operator). Being the coordinating body of entrepreneurial activity in the field of development, production, maintenance and use of cash registers (KKT), the non-profit organization RAPKaT conducts an examination and issues an expert opinion confirming the compliance of the technical means of the OFD with the current legislation of the Russian Federation in the field of application of KKT. Obtaining an expert opinion of the association means that the technical means of Korus Consulting CIS comply with the current legislation.

Before receiving the status of OFD "Korus Consulting CIS" connects clients to the partner's service - "OFD Platform" - with subsequent transfer to its own service "Korus OFD." Regardless of the connection scheme, Korus Consulting CIS reserves technical support and customer support.

2016: 34.8% revenue growth

In 2016, the revenue of KORUS Consulting CIS amounted to 1,061 billion rubles, which is 34.8% higher than the same figure in 2015. [1] According to the results of 2016, KORUS Consulting CIS took 63rd place in the ranking "TAdviser100: The Largest IT Companies in Russia."

2015

By 2015, KORUS Consulting CIS is one of the participants in the V2V electronic document management market. The company's products - services V2V legally significant document management (EDO), reporting to government agencies and electronic data exchange in retail ( EDI) are used by more than 70 thousand companies, including about 200 of the country's largest retail chains. In 2015, KORUS Consulting CIS became one of the TOP-100 largest IT companies in Russia.

The company employs more than 350 specialists. KORUS Consulting CIS offices are located in Moscow, St. Petersburg, Yekaterinburg and Novosibirsk.

2014

Revenue growth of 30%

Korus Consulting CIS revenue increased by 30% in 2014.

The volume of EDO traffic increased 6 times

According to Korus Consulting CIS, in 2014 the company's strategy for priority connection to its services of large and medium-sized businesses showed its effectiveness. The operator began to provide EDI and legally significant electronic document management services for 70 new large retail chains. According to the estimates of the research agency J'son & Partners Consulting, in the electronic document management market, it is large customers who generate more than 80% of the total traffic of electronic documents. This state of affairs will continue in 2015, with the exception of the reporting segment to government agencies, where the traffic of the EDO operator, for the most part, depends only on the number of customers.

As noted in Korus Consulting CIS, in 2014 the electronic document management market grew unevenly in various sectors of the economy, with a clear leadership of retail. In industries such as large industry and FSUEs, where enterprises have large accounting staff, and the speed of processing documents slightly affects the production and financial performance of the enterprise, there is also a weaker interest in the introduction of electronic document management. For these organizations, almost the only incentive for EDO is the active role of the Federal Tax Service in transferring Russian legal entities to reporting in electronic form, including purchase and sales books, as well as further work on translating most of the documents necessary for business into electronic format.

The Company registered an accelerated increase in the number of projects related to the integration of external electronic document management services with corporate accounting systems of enterprises - 2 times compared to the overall growth dynamics of the number of clients. In total, in 2014, Korus Consulting CIS specialists completed more than 600 custom integration projects, not counting typical integration services using software adapters to 1C and other accounting systems. "This suggests that an increasing number of EDI/EDO users are realizing the benefits of exchanging documents sent directly from accounting systems," the company said.

As for the segments of legally significant EDO and reporting to government agencies, 2014 was important for these areas as the year of the start of the campaign to seize a more significant market share than the company occupied in previous years. Thus, the volume of EDO traffic through Korus Consulting CIS increased by 6 times compared to 2013, and the number of clients of this segment - by 11 times. According to company representatives, these figures are largely related to the "low base effect" of 2013.

It is possible to transfer mandatory reporting to the Federal Tax Service through Korus Consulting CIS in all regions of the country without exception

On July 31, 2014, the Federal Tax Service of the Russian Federation and Korus Consulting CIS signed agreement No. 7 "On joint actions to ensure the functioning of the electronic document management system through telecommunication channels." This was reported to CNews by Korus Consulting.

The agreement provides for the right of direct interaction between Korus Consulting CIS and the Departments of the Federal Tax Service (UFNS) throughout the country and with interregional inspections of the Federal Tax Service, including for the largest taxpayers and the Crimean Federal District. Thus, it is now possible to transfer mandatory reporting to the Federal Tax Service through Korus Consulting CIS in all regions of the country without exception, the company said.

"Despite the fact that we focus not only on reporting services to government agencies, this service is a necessary component of our comprehensive offer to the market. Sooner or later, any client of our company exchanging electronic documents with his partners may need to send them to the Federal Tax Service, and we fully provide this opportunity throughout Russia, "commented the event director of Korus Consulting CIS Ilya Rubtsov.

2012

In May 2012, it became known that Sberbank became a co-owner of Korus Consulting CIS, according to the bank's documents. According to the Unified State Register of Legal Entities, Sberbank owns 90% of the company's authorized capital. The remaining 10% is owned by its general director Leonid Yakubovsky[2].

Earlier (as of March 2012), Korus Consulting CIS was 65% owned by the Cypriot company Dorinetko Limited, 20% by Leonid Yakubovsky, 15% by Alexander Semenov, General Director of the Korus Consulting group.

A source close to Sberbank said that the acquired company will be integrated into the direction of working with corporate clients.

Note that the leaders of Sberbank have repeatedly announced their intention to make the bank a hi-tech corporation.

"The implementation of settlements, money transfers, the formation of electronic demand and supply for goods and services have become as everyday as communication between Internet users through social networks and e-mail," Victor Orlovsky senior vice president of Sberbank told TAdviser, explaining the essence of the Business Environment project launched by Sberbank. This project, according to Orlovsky, will be "evidence of the formation of a new business-oriented social architecture for Russia, in which the interests of entrepreneurs, consumers, the state and the bank itself will be closely integrated."
"On the one hand, the decisions of Korus Consulting CIS will allow Sberbank to expand the set of tools for ensuring communications between its clients," said Petr Didenko, director of strategic development at SKB Kontur. "On the other hand, access to the EDI system will allow the bank to see more data about customer transactions and offer them more targeted services."

2005

On November 3, 2005, the KORUS Consulting CIS brand was registered as a separate legal entity under the idea that electronic document management will eventually cover the entire combined market of the CIS states.

2004

At the turn of 2004 and 2005, the Board of Directors of the parent company KORUS Consulting assessed the high potential of EDI technology in the network retail market, becoming a pioneer in the use of EDI in Russia. With the support of a technology partner represented by COMARCH, the first implementation projects were completed.

Notes