Business

IT Company Infinum Plans Growth, Expands Business

By 3 October 2021
IT Company Infinum Plans Growth, Expands Business
Infinum Official FB Page

ZAGREB, 3 Oct, 2021 - One of Croatia's leading IT companies, Infinum, continues to expand into new markets and is opening an office in Podgorica, expecting a 25% growth this year, Infinum chief operating officer Nikola Kapraljević told Hina.

"2020 was marked by global chaos caused by coronavirus, but despite the difficulties, people found a way forward and technology played a key role, so we also spent much of the year developing new processes, tools and systems. We continued to cooperate with most clients, and our teams have the opportunity to work on interesting and innovative solutions in health care, education, renewable energy, finance, and even music," said Kapraljević.

Revenue growth of over 20% in 2020, 2021

In 2020, he said, they generated about HRK 100 million in revenue, which was 22% more than in 2019, and they expect continued growth in 2021.

"We want Infinum to continue the growth trend with an additional 25%. When we add our two sister companies, Porsche Digital Croatia and Productive, we expect that the joint revenue in 2021 will amount to HRK 150 to 160 million," Kapraljević said.

Stressing that such results and success were achieved because of the employees, he said they currently employed over 350 people, and in 2021 alone more than 70 new employees joined Infinum, which he hopes would increase to 100 by the end of the year.

Kapraljević said that in addition to the offices in Croatia (in Zagreb and Varaždin), Slovenia and New York, they have a good team in Montenegro with 15 people, and they are currently working on designing a bigger office in Podgorica, since they see great potential in that market.

In addition to Montenegro, they are actively working on developing the brand in Western Europe and expanding in the UK market, and "are keeping an eye on various development centres across Europe, where we plan to establish Infinum as a quality partner for the development of digital products".

Since exactly a year ago, in September 2020, Infinum formed a partnership with Porsche and opened a new company, Porsche Digital Croatia, Kapraljević said that the companies were celebrating the company's first birthday in the best possible way -- the company is growing and developing rapidly and well, constantly employing talented people and working on interesting projects with currently nearly 50 employees.

"We are working on products that enhance the experience of Porsche customers and those that help to optimise... Porsche's manufacturing process," he said.

Kapraljević also said that the company was currently developing a mobile application for functionality control and car surveillance, as well as a platform for short-term and long-term Porsche rental.

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