GRAITEC creates new subsidiary in Russia

GRAITEC CJSC has been established in partnership with INFARS, Graitec's current partner selling the Graitec Advance Suite on the Russian and former Commonwealth of Independent States (CIS) markets.

Through this new company GRAITEC Group intends to develop its sales, either by direct sales or by the development of a resellers' network in Russia and surrounding countries. In addition, GRAITEC CJSC will provide its customers with a full range of local services.

GRAITEC signed a shareholders' agreement with shareholders of its current partner INFARS for the set up of this new company in which Graitec SA is the majority shareholder. INFARS has been a partner for 8 years and is GRAITEC's reseller for Advance Steel mainly in Russia. As a close partner, INFARS has already made developments to localize Advance Steel for the Russian market and has translated the whole software. Advance Concrete was launched on the market in 2008 and the software is fully localized.

Graitec CJSC is entrusted with the marketing of Graitec Advance product line and all technical related services (customer support, training, product presentations, etc.).

The official launch of Graitec CJSC was effective on June 1st, 2009 with a team of 5 people (2 employees of INFARS were transferred to Graitec CJSC). An ambitious Business Plan has been defined that will allow us to triple the staff on a middle-term perspective (3 years).

Francis GUILLEMARD, CEO and founder of GRAITEC, comments: "GRAITEC has a clear strategy to develop sales onto the Russian market and provide its clients with a complete BIM software suite, from structural analysis/design to steel/concrete detailing. Over the last years, GRAITEC has been already successfully selling Advance Steel, its high-end steel detailing solution in Russia through its historical partner INFARS. With INFARS expertise and knowledge, I am very confident in the future we are building together in this market and I am convinced that we have initiated a company that will achieve great success."

Vladimir MAXIMOV, Managing Director of INFARS and of GRAITEC CJSC adds, "the creation of GRAITEC CJSC in Russia is a striking illustration of the importance of the Russian market.  This will enable us to better respond to the requirements of the Russian users of GRAITEC software. It will allow us to provide timely information and technical support to our clients."