Tieto Baltics (Tieto headquarters in Finland), which posted 34 million euros in revenues on IT services and topped the ranking, provided its data to the rating compilers for the first time, the Verslo Žinios business daily reports.
Most of the revenues Tieto Baltics generated in Latvia, Tieto Lietuva CEO, Martinas Libertas, told the daily.
Alna Group, which topped the 2010 ranking, moved down to the third place with 17 million euros revenues on IT services.
As estimated by Prime Investment, the revenues of largest IT services providers in the Baltic countries last year rose by 29 percent. The revenues of Estonia’s Webmedia Group and Lithuania’s BAIP Group and Atea grew at the fastest rates.
