Rostelecom invested in the Russian developer of an open platform for business tourism automation, Corteos. The company acquired 60%, TASS reports citing Rostelecom President and CFO Sergei Anokhin.
The share was acquired from a private investor, while the founders of the project retained their shares. Corteos Platform is a corporate travel management system that improves communication between travel agencies and their clients.
The company offers its product as a SaaS solution in the cloud and in local format.
According to Anokhin, the agreement is beneficial for Rostelecom from the point of view of effective investments. It will allow us to expand our portfolio of solutions for the corporate segment. The Corteos company was launched in 2012. Today, more than 7.5 thousand business trips are processed daily through the platform.
Author:
Natalia Gormaleva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
