GOFORE PLC COMPANY ANNOUNCEMENT 5 DECEMBER 2017 AT 09:00

Gofore Plc has established new subsidiaries in Spain and Germany

Gofore has established subsidiaries in Spain and Germany. Gofore has operated in Germany since 2016. The objective of the newly established subsidiary in Spain is to promote Gofore's growth and the expansion of its operations to Western Europe in accordance with the company's strategy. A strong work culture serves as a great base for internationalization.

Gofore has been operating in Munich Germany since 2016 with customers from the private sector. The current local business has been transferred to the 100% owned subsidiary Gofore Germany GmbH. The subsidiary was launched in December 2017.

New office in Madrid
Gofore has established a subsidiary in Spain, Gofore Spain SL. Extending international operations to the emerging digital services market in Western Europe is a key part of Gofore's strategy. The company is committed to serving its customers internationally in digital transformation. Local presence and seamless cooperation with customers are key success factors for modernizing services and work culture. The presence in Spain supports the utilization of new business opportunities.

In the first phase, operations in Madrid will start with current Gofore Group personnel and, with the expansion, will open up international career opportunities for both new and existing employees. The goal is to increase the number of employees via local recruitment and to increase diversity and expand expertise within the Group. Gofore's unique corporate culture which won second-best workplace in Europe in the Great Place to Work 2017® survey, and global service delivery capability, ensures that services are able to be delivered to customers in all countries.

Further enquiries

Timur Kärki, CEO, Gofore
timur.karki@gofore.com
tel. 040 828 5886

Gofore Plc is a digitalisation specialist operating since 2002. We offer modern services that help operators in the private and public sectors to face digital change. Our mission is to change the world for the better through digitalisation and by renewing ways of working. Our services cover the entire value chain - from management consultation to service design and implementation as well as cloud services. Staying on top and ahead of the development requires us to be fast-paced, regenerative and competitive. We have 15 years of expertise in this. Our operations are characterised by top expertise, alacrity and genuine interaction. We believe that we are the best partner to our clients on the path to digital change. Gofore currently employs over 360 people in Helsinki, Jyväskylä, Tampere, Swansea and Munich. Gofore was chosen as the best workplace in Finland and the second-best workplace in Europe in the Great Place to Work® survey in 2017. More information: www.gofore.com.