Archivi categoria: International

InfoCert Underwrites a Capital Increase to Acquire 50% of LuxTrust S.A.

Tecnoinvestimenti Group Signs a Strategic Partnership with LuxTrust: A Fundamental Step towards the European Champion in Digital Trust. LuxTrust is the Leading Digital Trust Services Provider in Luxembourg with a Strong Institutional Sponsorship.

 

Luxembourg, Rome. 26 September 2018 – Etienne Schneider, Deputy Prime Minister, Minister of the Economy of Luxembourg, announced today the partnership between LuxTrust S.A. (“LuxTrust”) and Tecnoinvestimenti Group, active in Digital Trust, Credit Information & Management and Innovation & Marketing Services.

Tecnoinvestimenti, through its subsidiary InfoCert S.p.A. (“InfoCert”), the largest Certification Authority in Europe, has signed an agreement to acquire 50% of LuxTrust, the leading player in Digital Trust in Luxembourg with a strong institutional sponsorship, via an initial subscription of a €12 million capital increase.

The Joint Venture between InfoCert and LuxTrust is a second fundamental step towards the goal of creating the leading Pan-European Trust Service Provider. The partnership will engender the growth of LuxTrust by offering best-in-class services to existing and new customers and spur international development to expand digital trust business in all its reference markets.

LuxTrust will retain its data centres in Luxembourg and strengthen its role as the main national critical infrastructure for Digital Identity and Qualified Trust Services Provider. The joint venture will enable LuxTrust to invest in Research & Development, further developing its intellectual properties and the breadth of core competences of its staff. Also guaranteed under the partnership is the service continuity for existing customers.

Etienne Schneider, Deputy Prime Minister, Minister of the Economy of Luxembourg, stated “This win-win partnership is yet another cornerstone within LuxTrust’s international development by enabling the company’s business and skills of its employees to develop and expand in cross-border trade. Thus, the partnership will raise Luxembourg’s profile as a trusted centre in Europe and will contribute to further position the Grand Duchy as an ideal location for the development and internationalisation of ICT companies as well as for innovation.

Enrico Salza, Chairman of Tecnoinvestimenti, stated “This is the second major international transaction for Tecnoinvestimenti/InfoCert and concretely demonstrates our determination to create a European Champion of Digital Trust Services.  We are honoured and excited to join forces with LuxTrust, the Government of Luxembourg and the Luxembourgish Chamber of Commerce to expand Digital Trust services in the BeNeLux/Francophone region and beyond.”

The partnership with LuxTrust,” commented Pier Andrea Chevallard, Managing Director of Tecnoinvestimenti, “combines all the essential aspects for a solid industrial collaboration: critical mass to leverage the respective strengths, financial resources, strong territorial presence and an exceptional institutional profile, upon which the joint venture can expand significantly our Digital Trust business in major European markets vital to our long-term strategy.  We anticipate that the partnership should greatly accelerate the development of new digital trust products, thereby ensuring the most advanced technological offer by far on the market.  Finally, this transaction strengthens Tecnoinvestimenti Group’s capability to promote and consolidate further its international leadership in Digital Trust in the coming future.”

The CEO of LuxTrust, Pascal Rogiest, remarked: “LuxTrust and InfoCert share the same strategic vision, aiming for international development through a portfolio of innovative products based on cutting edge technology, security and compliance. Our offerings are complementary, and we will benefit from each other’s expertise.  Having the same DNA, it seemed perfectly natural for us to join forces in a common industrial project. Together we will a have critical-mass of customers and users unmatched in Europe. This is a great development opportunity for the company, for its staff, for its partners and for our customers.”

LuxTrust

LuxTrust SA, established in 2005, implements and integrates innovative, multi-application and customised solutions to secure on-line transactions, digital identity and electronic signatures for its customers, including governments, institutions, businesses and private individuals. Its mission is to guarantee the digital identity and security of the electronic data of companies and citizens, and thereby increase trust in the digital economy to make life simpler and encourage business efficiency. LuxTrust manages the digital identities for all of Luxembourg and has expanded its business internationally recently. LuxTrust reported for 2017 €10.7 million of  Revenues and €1.1 million of EBITDA.

In advance of the transaction, the historic Luxembourg shareholders of LuxTrust, which  include the Government of the Grand Duchy of Luxemburg (38.58%), Société Nationale de Crédit et d’Investissement – SNCI (16.93%), as well as the Luxembourgish Chamber of Commerce, principal retail banks and Post Luxembourg, have established before LuxTrust’s capital increase a holding company (“LuxTrust Development”) to hold their shares in LuxTrust and support future LuxTrust’s growth. The same principal shareholders have thereby restated their long-term commitment to LuxTrust and its national and international strategy.

The Transaction

InfoCert is acquiring 50% of LuxTrust SA by underwriting a capital increase of €12 million capital increase that foresees a price adjustment of up to €4 million determined according to the value of LuxTrust’s 2018 year-end Net Financial Position. As general Tecnoinvestimenti policy, the transaction will be funded by utilizing internal resources and in part via new financial debt. The operation is scheduled to close before the end of 2018.

Conference call

We invite investors and analysts who would be interested to participate in a Conference Call organized tomorrow on 27 September 2018 at 9:30 am (CET) during which the transaction will be explained. The numbers to call are: +39 02 805 8811 UK: +44 121 281 8003 USA: +1 718 705 8794 or  +1855 265 6959. Digital playback numbers: +39 02 72495, +44 1 212 818 005, +1718 705 8797; Access code: 864#. For further information please contact the Investor Relations Office.

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Tecnoinvestimenti SpA

The Tecnoinvestimenti Group reported the following Consolidated results for First Half 2018: Revenues of €114.5 million, EBITDA of €28.9 million and Net profit of €14.6 million. The Group, listed on the STAR segment of the Milan Stock Exchange, is one of Italy’s top operators in three sectors: Digital Trust, Credit Information & Management and Innovation & Marketing Services. The Digital Trust Business Unit, which reported First Half 2018 revenues of €45.7 million, operates through the InfoCert and  Visura groups. The Credit Information & Management Business Unit, which includes Innolva, offers decision-making support services such as Chamber of Commerce and real estate information, aggregate reports, summary ratings, decision-making models, and credit assessment and collection services. REValuta offers real estate services, including appraisals and valuations. The Innovation & Marketing Services Business Unit, through Co.Mark and Warrant Group, offers a platform of advisory services to SMEs, to support their R&D, growth in production capacity and expansion of their commercial capacity. At 30 June 2018 the employees of the Group totalled 1,246.

InfoCert SpA

InfoCert is the largest Certification Authority in Europe, active in over twenty countries. InfoCert provides digitalization services like GoSign, eDelivery, eSignature and eSeal and assists companies to onboard on-line new clients via TOP (Trusted Onboarding Platform). InfoCert is also an accredited provider of the SPID (the Italian State Digital Identity system) and invests significantly in quality and in R&D. The Company holds a significant number of patents, while the ISO 9001, 27001 and 20000 quality certifications testify its commitment to the highest levels in the provision of services and in the management of security. InfoCert’s Information Security Management System is ISO / IEC 27001: 2013 certified for EA activities: 33-35. InfoCert is a Digital Trust Service Provider fully compliant with the requirements of the eIDAS Regulation (EU Regulation 910/2014) and ETSI EN 319 401 standards. InfoCert owns 80% of Sixtema SpA, the CNA technology partner, which provides technological solutions and consulting services to SMEs, trade associations, financial intermediaries, professional firms and institutions. In May 2018  InfoCert purchased 51% of Camerfirma SA, a leading Spanish Digital Certificate Authority.

LuxTrust SA

Founded in 2005, LuxTrust is a Qualified Trust Service Provider and Certification Authority. LuxTrust issues  and manages electronic identities, provides services such as strong authentication, qualified electronic signatures, seals and timestamping solutions. The company is compliant with latest European regulations and certified for the highest standards: eIDAS, PSD2, EBA/RTS, ETSI and listed as Qualified Trust Service Provider under the supervision of ILNAS.

For more information:

Tecnoinvestimenti
Corporate & Financial Communications

Lawrence Y. Kay

Mob: +39 335 810 4434

lawrence.kay@tecnoinvestimenti.it

Carla Piro Mander

Tel. +39 06 42 01 26 31

carla.piro@tecnoinvestimenti.it

www.tecnoinvestimenti.it

Media Advisor

Barabino & Partners S.p.A.

Stefania Bassi

Tel.: +39 02 7202 3535

Mob: +39 335 6282 667

s.bassi@barabino.it

 

Specialist

Intermonte SIM S.p.A.

Corso V. Emanuele II, 9 – 20122 Milano

Tel.: +39 02 771151

InfoCert LuxTrust
Press Relations Advisor

BMP Comunicazione

team.infocert@bmpcomunicazione.it

Pietro Barrile +393207008732

Michela Mantegazza +393281225838

Francesco Petrella +393452731667

www.infocert.it

 

Head of Marketing and Communication
Stéphanie Godar
Tel: +352 26 68 15 – 892

stephanie.godar@luxtrust.lu
www.luxtrust.lu

 

InfoCert underwrites a capital increase to acquire 51% of the Spanish AC Camerfirma S.A.

Tecnoinvestimenti Group Realizes First Acquisition Abroad in Pursuit of International Leadership in Digital Trust: InfoCert & the Spanish Chambers of Commerce to collaborate to expand the Digital Trust business in Spain and South America.

The acquisition of a majority stake in Camerfirma is the first strategic step in the creation of a pan-European QTSP (Qualified Trust Service Provider)

Rome, Madrid. 3 May 2018 – Tecnoinvestimenti Group, through its subsidiary InfoCert S.p.A. (InfoCert), the largest Certification Authority in Europe, announces to have successfully completed the acquisition -by means of the subscription of new shares- of a majority stake in AC Camerfirma SA (Camerfirma), one of the leading Spanish Certification Authorities.

InfoCert, based in Rome, is the Italian leader in Digital Trust services and is pursuing an ambitious goal to create a Pan-European Trust Service Provider through organic growth, M&A and partnerships. In such context, Camerfirma has been selected as the ideal partner to develop the Iberian and Latin America markets.

Enrico Salza, Chairman of Tecnoinvestimenti, stated, “The Camerfirma transaction is Tecnoinvestimenti’s twelfth deal since the Group was established in 2009 and the first outside Italy of significant strategic importance for our very dynamic Group that is now also aiming to consolidate its international leadership in Digital Trust.”

Danilo Cattaneo, InfoCert CEO commented: “The operation fits perfectly into InfoCert’s international growth roadmap, aimed at creating the leading provider of Trust Services in Europe. We are happy to join forces with Camerfirma and the Spanish Chambers of Commerce and have already started working together on the further development of our ambitious goals. I am confident that current and potential new clients of Camerfirma and InfoCert will derive significant benefits from this operation.”

Alfonso Carcasona, Camerfirma MD, commented: “We are very happy to participate in the creation of the largest European Trust Service Provider, which fulfills the Chambers’ of Commerce mission of joining forces to drive the growth of Digital Trust services in Spain and Europe.”

Business of Camerfirma

Camerfirma is located in Madrid, with a solid presence in the Spanish market as well as some commercial initiatives in South America. Owned by the Spanish Chambers of Commerce, the company was founded in 2000. Camerfirma’s customer base includes private companies and the Spanish public administration.

Camerfirma was established as Certification Service Provider under Spanish Law 59/2003 of 19 December regarding Electronic Signatures and Identity Certificates that allows companies and their employees to sign electronically documents with full technical security and legal validity.

Camerfirma reported Euro 3.3 million in revenues and an EBITDA of Euro 0.5 million in 2017. At 31 March 2018 the net cash position amounts to Euro 0.3 million.

The Transaction

InfoCert has acquired 51% of Camerfirma by underwriting a capital increase of Euro 3.1 million. InfoCert will fund the acquisition by utilizing internal resources.

The operation will allow InfoCert to boost its international growth strategy through:

  • The creation of a multi-national Trust Service Provider with solid institutional roots and a clear focus on EU markets and regulatory compliance;
  • The integration of respective offering and capabilities for a more effective market coverage, thereby expanding both companies’ portfolio of services and delivery capabilities to better address their respective markets;
  • The exploitation of synergies in infrastructure, operations, investments, innovation and new product/solution development.

Tecnoinvestimenti SpA

The Tecnoinvestimenti Group reported the following Consolidated results for 2017: Revenues of Euro 181.0 million, EBITDA of Euro 40.6 million and Net profit of Euro 20.3 million. The Group, listed on the STAR segment of the Milan Stock Exchange, is one of Italy’s top operators in its three areas of business: Digital Trust, Credit Information & Management and Innovation & Marketing Services. The Digital Trust Business Unit, through the companies InfoCert, Visura and Sixtema, provides products and services for digitalisation, electronic billing, certified e-mail and digital signature, as well as services for professionals, associations and SMEs. InfoCert is also the biggest European Certification Authority. The Credit Information & Management Business Unit, which includes Assicom Ribes, offers decision-making support services such as Chamber of Commerce and real estate information, aggregate reports, summary ratings, decision-making models, and credit assessment and collection services. REValuta offers real estate services, including appraisals and valuations. The Innovation & Marketing Services Business Unit, through the companies Co.Mark and Warrant Group, offers a platform of advisory services to SMEs, to support them through the phases of growth in production and expansion of their commercial capacity. At 31 December 2017 the employees of the Group totalled 1,187.

 InfoCert SpA

InfoCert is the largest Certification Authority in Europe, active in over twenty countries. InfoCert provides digitalization services like eDelivery, eSignature, eSeal and digital preservation of digital documents. InfoCert is also an accredited provider of the SPID (Public System for the management of Digital Identity) identity in Italy. InfoCert invests significantly in quality and in R&D. The Company holds a significant number of patents while the ISO 9001, 27001 and 20000 quality certifications testify its commitment to the highest levels in the provision of services and in the management of security. InfoCert Information Security Management System is ISO / IEC 27001: 2013 certified for EA activities: 33-35. InfoCert is a Digital Trust Service Provider fully compliant with the requirements of the eIDAS Regulation (EU Regulation 910/2014) and ETSI EN 319 401 standards. InfoCert owns 80% of the shares of Sixtema SpA, the CNA technology partner, which provides technological solutions and consulting services to SMEs, trade associations, financial intermediaries, professional firms and institutions.

 AC Camerfirma SA

Camerfirma, incorporated in 2000 by the Chamber of Commerce of Spain, is an eIDAS qualified Certification Authority, with the participation of 72 Spanish Chambers of Commerce. The company is part of ChamberSign, a European organization that authenticates digital certificates in Europe. Camerfirma’s mission is to offer its customers the possibility of using digital certification as a working instrument for the interaction with other companies and public administration bodies.

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For more information:

Corporate & Financial Communications

Lawrence Y. Kay

E-mail: lawrence.kay@tecnoinvestimenti.it

Carla Piro Mander

Tel. +39 06 42 01 26 31

E-mail: carla.piro@tecnoinvestimenti.it

 

Media Advisor

Barabino & Partners S.p.A.

Foro Buonaparte, 22 – 20121 Milano

Tel.: +39 02 7202 3535

Stefania Bassi: +39 335 6282 667

s.bassi@barabino.it

 

Specialist

Intermonte SIM S.p.A.

Corso V. Emanuele II, 9 – 20122 Milano

Tel.: +39 02 771151

InfoCert
Ufficio Stampa InfoCert

BMP Comunicazione per InfoCert

Email: team.infocert@bmpcomunicazione.it

Pietro Barrile +393207008732 – Michela Mantegazza +393281225838 – Francesco Petrella +393452731667

Media Room InfoCert: http://mediaroom.infocert.it/

www.infocert.it

 

InfoCert is now an Access Point of the PEPPOL Network: the European Union cross-border e-Procurement system

Tecnoinvestimenti Group strengthens its European positioning in the electronic invoicing market

Rome, April 5nd 2018 – InfoCert (Tecnoinvestimenti Group), the largest Certification Authority in Europe, announces to have successfully completed the certification process to become an Access Point of the PEPPOL (Pan-European Public Procurement On-Line) Network, which aims at spreading the use of digital services for cross-border e-Procurement transactions in the European Union.

“InfoCert joining the PEPPOL network represents a major step forward in the evolution of our hub of cross-border Trust services. InfoCert is a main provider of eInvoicing services for the Italian market and, thanks to our involvement in the eIGOR (eInvoicing GO Regional) initiative, a project financed by the European Commission and supervised by AgID (Agenzia per l’Italia Digitale), InfoCert is already able to deploy cross-border e-invoicing solutions to the whole EU market in compliance with the Directive 2014/55/UE” – stated Carmine Auletta, InfoCert’s Chief Innovation Officer. “Being an Access Point of the PEPPOL Network will further strengthens our offering in the e-invoicing EU market, in view of the B2B e-invoicing obligations soon required by all EU member states.”

 PEPPOL, founded in 2008 as a result of an initiative of the European Commission, is regulated by OpenPEPPOL since 2012, an international non-profit association founded in Belgium and consisting of both public sector and private members. OpenPEPPOL’s objective is to enable businesses to communicate electronically with any European government institution in the procurement process, thereby increasing efficiencies and reducing costs. PEPPOL enables trading partners to exchange standards-based electronic documents over the PEPPOL network. These documents include e-Orders, e-Advance Shipping Notes, eInvoices, eCatalogues, Message Level Responses, etc.

Thanks to its leadership in trust, regulatory and compliance and leveraging its technological innovative solutions, InfoCert manages cross-border transmission of commercial e-documents, guarantees their compliance with different specific regulations and formats and, finally, promotes and supports the digital transformation of EU enterprises.

Access to the PEPPOL network for the exchange of e-documents is guaranteed by the Access Points, which now includes InfoCert.

 

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InfoCert SpA

InfoCert is the largest Certification Authority in Europe, active in over twenty countries. InfoCert provides digitalization services like eDelivery, eSignature, eSeal and digital preservation of digital documents. InfoCert is also an accredited provider of the SPID (Public System for the management of Digital Identity) identity in Italy.

InfoCert invests significantly in quality and in R&D. The Company holds a significant number of patents while the ISO 9001, 27001 and 20000 quality certifications testify its commitment to the highest levels in the provision of services and in the management of security. InfoCert Information Security Management System is ISO / IEC 27001: 2013 certified for EA activities: 33-35.

InfoCert is a Digital Trust Service Provider fully compliant with the requirements of the eIDAS Regulation (EU Regulation 910/2014) and ETSI EN 319 401 standards. InfoCert owns 80% of the shares of Sixtema SpA, the CNA technology partner, which provides technological solutions and consulting services to SMEs, trade associations, financial intermediaries, professional firms and institutions.

Tecnoinvestimenti SpA

The Tecnoinvestimenti Group reported the following Consolidated results for 2017: Revenues of Euro 181.0 million, EBITDA of Euro 40.6 million and Net profit of Euro 20.3 million.  The Group, listed on the STAR segment of the Milan Stock Exchange, is one of Italy’s top operators in its three areas of business: Digital Trust, Credit Information & Management and Innovation & Marketing Services. The Digital Trust Business Unit, through the companies InfoCert, Visura and Sixtema, provides products and services for digitalisation, electronic billing, certified e-mail and digital signature, as well as services for professionals, associations and SMEs. InfoCert is also the biggest European Certification Authority. The Credit Information & Management Business Unit, which includes Assicom Ribes, offers decision-making support services such as Chamber of Commerce and real estate information, aggregate reports, summary ratings, decision-making models, and credit assessment and collection services. ReValuta offers real estate services, including appraisals and valuations. The Innovation & Marketing Services Business Unit, through the companies Co.Mark and Warrant Group, offers a platform of advisory services to SMEs, to support them through the phases of growth in production and expansion of their commercial capacity. At 31 December 2017 the employees of the Group totalled 1,187.

 

 For more information: Corporate & Financial Communications

Lawrence Y. Kay

E-mail: lawrence.kay@tecnoinvestimenti.it

Carla Piro Mander

Tel. +39 06 42 01 26 31

E-mail: carla.piro@tecnoinvestimenti.it

Media Advisor

Barabino & Partners S.p.A.

Foro Buonaparte, 22 – 20121 Milano

Tel.: +39 02 7202 3535

Stefania Bassi: +39 335 6282 667

s.bassi@barabino.it

 

Specialist

Intermonte SIM S.p.A.

Corso V. Emanuele II, 9 – 20122 Milano

Tel.: +39 02 771151

InfoCert
Ufficio Stampa InfoCert

BMP Comunicazione per InfoCert

Email: team.infocert@bmpcomunicazione.it

Pietro Barrile +393207008732 – Michela Mantegazza +393281225838 – Francesco Petrella +393452731667

Media Room InfoCert: http://mediaroom.infocert.it/

www.infocert.it

 

 

InfoCert joins Sovrin Network, the first distributed digital identity system based on blockchain technology

Tecnoinvestimenti Group invests in the blockchain technology through one of its companies

Rome, 22 September 2017 – InfoCert, the largest Certification Authority in Europe and part of the Tecnoinvestimenti Group, announces its participation in the project of the Sovrin Foundation, a nonprofit organization based in the USA, for the launch of the Sovrin Network, the world’s first distributed and decentralized digital identity management System (self-sovereign digital identity). InfoCert is one of the founding members of the Foundation, as well as the first Certification Authority to join the project.

The Sovrin Network is based on blockchain technology also called “distributed ledger”. Innovative and disruptive, this system aims to allow individuals and organizations to create digital identities which can be managed in absolute control and regardless of governmental bodies, institutions or organizations.

The participation in the network is part of the R&D initiatives of InfoCert, which devotes in this area significant investments, on average about 6% of annual sales.

Instead of being based on a single system with a central administrator, distributed ledger is managed in a cooperative mode by a global pool of participants and identity records are stored redundantly at different nodes. The result is a reliable and shared source of truth, resilient to hacking and service issues.

The network is offered as a free public resource and any entity can develop fast, protected, and secure identity applications upon it. The Sovrin Network is active and is managed on validator nodes hosted by the “stewards” which are appointed by the Sovrin Foundation, as is the case with InfoCert. The stewards must agree the Sovrin Provisional Trust Framework and have the task of assigning the digital identity to the participants.

In addition, stewards are appointed by the Sovrin Foundation to ensure the reliability and trust of the network: unlike other distributed networks based on blockchain technology, Sovrin network is a “permissioned network”.

Digital trust and innovation are our core business, which is why we are part of this initiative” says Carmine Auletta, Chief Innovation Officer of InfoCert, company that manages every year over 300 million of digital transactions in Trust Services. “Today Certification Authorities like InfoCert are playing a key role in managing digital identities. Blockchain in the future could empower people but also companies or even objects to effectively manage, control and rule their own identities. We look forward to testing such promising technologies and finding ways to bring real value to our customers”.

 The Sovrin Network’s business model is linked to the process of managing identities and on the transactions managed on the node.

To date, there has been a trial version of the platform released in September 2016, with the establishment of the Sovrin Foundation. With the current release of the entire network, digital identities can be included in the “ledger” of Sovrin and the developers can start implementing solutions based on the use of distributed identity.

 “The promise of a global system of public identity that gives anyone control over its digital identity and the absolute confidence in the identity of counterparties is now finally becoming reality ” says Phillip j. Windley, President of Sovrin Foundation. “Since the advent of the internet, there has been a strong sense of lack of a “self-sovereign” identity. Thanks to the development of distributed ledger/blockchain technology and the performance and privacy features implemented by Sovrin, it is now possible to overcome this incredible gap due to the architectural design of the internet.

Windley believes that the killer application of Sovrin Network will be the online exchange of identity declarations as well as claims by third parties, which will work just like physical credentials in the physical world. These statements allow remote identification of personal identities which remain under the control of the registrant, but are valid and safe at least as the physical display of traditional identity documents.


InfoCert SpA

Infocert, Tecnoinvestimenti Group, is a leader of the Italian market of digitization and dematerialization services as well as a leading Certification Authority at European level for the services of certified mail, digital signature and digital preservation of documents. Infocert is digital identity Manager credited AgID of citizens and businesses within SPID (public system for Digital identity management). Infocert is expanding its operations internationally and in 2016 it sold its digital transformation services in more than ten foreign countries.

Infocert invests significantly in quality and research and development. The company holds a significant number of patents while ISO 9001 quality certifications, 27001 and 20000 demonstrate the commitment at the highest levels in the provision of services and security management. Information security management system InfoCert is certified ISO/IEC 27001:2013 for EA activities: 33-35. Infocert is a Provider of Digital Trust services fully comply with the requirements introduced by regulation and IDAs (EU regulation 910/2014). In particular, the company has been certified by Qualified Trust Service providers, confirming that your service delivery processes are compliant with the standards ETSI EN 319 401. In 2017 InfoCert resulted in 80% its share of shares in Sixtema, the world’s technological partner CNA, which provides technology solutions and consulting services to SMEs, associations, financial intermediaries, professionals and organizations.

Gruppo Tecnoinvestimenti

Infocert also acts as European Certification Authority and is an Identity provider accredited by the Italian Government.  The Business Unit Credit Information and Management, in which companies and their subsidiaries, Ribes, Assicom offers services to support decision making as certified information, aggregated reporting, synthetic rating, decision models, with particular reference to the scope of delivery and recovery of the claim. ReValuta offers real estate services, including assessments and evaluations. The Business Unit Sales and Marketing Solutions, through the company Co. Mark, offers solutions and tools to organize the business activities of small and medium-sized companies toward geographical expansion, even across borders. The Tecnoinvestimenti Group has a turnover of €147.3 million and an EBITDA of 2016 €29.7 million and net income of €12.1 million. Net profit adjusted for non-recurring items and amortisation recognised for business combinations is equal to €15.9 million.  It is listed on the stock exchange in the STAR segment of the Milan Stock Exchange.

Sovrin Foundation

The Sovrin Foundation, non-profit international organization, is governed by a Trust Framework of constitutional type that ensures its independence from the influence of Governments and industries and confirms its commitment to providing a digital identity self-sovereign in everyone. The network Sovrin is administered by independent managers, called stewards, and uses the power of a technology “distributed ledger” hybrid which fast and secure framework, to provide each person, organization and connected device an identity permanent with which to carry out online transactions and operate safely in everyday life.

Click here to learn more about the Trust Framework that underlies the network Sovrin.

 For more information:

Tecnoinvestimenti
Corporate & Financial Communications

Lawrence Y. Kay

E-mail: lawrence.kay@tecnoinvestimenti.it

Carla Piro Mander

Tel. +39 06 42 01 26 31

E-mail: carla.piro@tecnoinvestimenti.it

Media Advisor

Barabino & Partners S.p.A.

Foro Buonaparte, 22 – 20121 Milano

Tel.: +39 02 7202 3535

Stefania Bassi: +39 335 6282 667

s.bassi@barabino.it

 

Specialist

Intermonte SIM S.p.A.

Corso V. Emanuele II, 9 – 20122 Milano

Tel.: +39 02 771151

InfoCert
Press Office  InfoCert

BMP Communication for per InfoCert

Email: team.infocert@bmpcomunicazione.it

Pietro Barrile +393207008732 – Michela Mantegazza +393281225838 – Francesco Petrella +393452731667

Media Room InfoCert: http://mediaroom.infocert.it/

www.infocert.it

Sovrin Foundation
Judd Bageley

Sr. Director of Communications

Email: judd.bagley@sovrin.org

Tel: +1  385 237 0162