12 April 2011 | Press Release

Copenhagen - NNIT’s growth continued throughout 2010 despite the aftermath of the financial crisis, which took a heavy toll on the IT service market. Turnover rose to 1.7 billion Danish kroner (DKK), and pre-tax earnings increased to a total of DKK 204 million. Furthermore, NNIT has had the financial strength to make significant investments and to increase the number of its employees. 

NNIT’s turnover grew by more than 4% in 2010, in spite of intense competition on the Danish market for IT services. This increase is significantly higher than the market’s growth rate, which was 1% last year. One of the reasons for the company’s growth has been NNIT's efforts in the area of global sourcing, which has resulted in a significant number of hours delivered from China, the Philippines and the Czech Republic. Over the course of the year the percentage of the company’s total employees based in these three countries rose from 10.6% to 16.2%.

In addition to these positive results, NNIT has made significant investments which will strengthen the company's future competitive position. The company’s two most important investments consist of DKK 150 million for the creation of an all new and advanced data centre, as well as DKK 40 million for the implementation of a new ERP system, which will enable NNIT to manage its growth and will provide the company with an optimal overview and ability to cooperate across NNIT’s international offices.

“We are extremely satisfied with 2010’s result, and not just because we’ve posted positive economic gains in the short run, but also because we’ve had the strength to invest in the future and to keep up with the trends that we've identified in the market", comments NNIT's CEO Per Kogut. “Our venture into global sourcing means that we can continue to provide the services that are in demand on the market, and that we can thereby continue to grow and hire more talented employees – both in Denmark and abroad”.

More NNIT employees
Talented employees are NNIT’s absolute most important resource, and 322 new staff members were hired in 2010, which pushed the company’s total number of employees over the 1,500 mark. Today there are more than 200 employees at NNIT China and 50 at NNIT Philippines. The number of employees in the company’s home country continues to rise steadily as well, and in 2010 there were a total of 187 employees hired in Denmark.

In 2011 NNIT expects to continue to hire many new employees, both in Denmark and abroad.

Well prepared for future growth
In 2011 and beyond, NNIT will continue to provide services that are adapted to meet the high demands of regulated industries such as life sciences/pharmaceuticals, finance and the public sector. NNIT’s roots in Novo Nordisk and the pharmaceutical industry’s particularly high requirements for quality, processes and documentation will continue to serve as the basis of these activities.

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For further information please contact:

Svend Ravn, Communications Manager on: +45 30 79 55 90, or by e-mail: svrv@nnit.com

Read NNIT’s annual report here.

NNIT
NNIT advises on, develops, implements and operates IT solutions for Danish and foreign companies within highly regulated industries, such life sciences, finance, transport, energy and the public sector. We help our clients to reach their business goals by assuming responsibility for their IT operations as if they were our own. NNIT is owned by Novo Nordisk A/S and has over 1,500 employees and offices in Denmark, Switzerland, the Czech Republic, China and the Philippines. NNIT posted a turnover of DKK 1.7 billion in 2010. Read more about NNIT in our e-magazine, Inside NNIT, or at our webpage, www.nnit.com.