Puneet Varma (Editor)

Evry

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Area served
  
Worldwide

Headquarters
  
Founded
  
2010

Number of locations
  
50 offices

Revenue
  
129 billion NOK (2015)

Number of employees
  
10,000

Evry httpswwwevrycomglobalassetsimages169ligg

Predecessor
  
EDB Business PartnerErgoGroup

Key people
  
Björn Ivroth (CEO)Salim Nathoo (Chairman)

Services
  
IT consultingBusiness solutionsIT infrastructure

CEO
  
Björn Ivroth (24 Mar 2015–)

Subsidiaries
  
Infopulse Ukraine, Drop IT AB

Profiles

Evry food court serviced by iss norway


Evry A/S is a Norwegian information technology company that supplies services relating to computing, including operation, outsourcing and online banking. The company is headquartered in Oslo. It was established through a merger between EDB Business Partner and ErgoGroup in 2010 and has 10,000 employees at 135 offices in 16 countries.

Contents

History

EDB ErgoGroup ASA was formed in 2010 with the merger of EDB Business Partner and ErgoGroup. Telenor owned most of the shares of ErgoGroup. The company subsequently changed its name to Evry ASA in April 2012.

In August 2014, Evry announced that it was initiating a process to investigate strategic opportunities. This was motivated by their assessment of the IT sector in the Nordic countries. In March 2015 Apax Partners became the majority owner of the company, a new board was appointed and it decided to apply for a de-listing from the stock exchange. On 29 October 2015, the company was delisted from the Oslo Stock Exchange.

In August 2015, following the loss of a contract with Norwegian bank DNB, Evry announced it would lay off 500-550 workers in Norway and Sweden to increase profits, saving NOK 400–500 million (about USD 50–60 million). In October 2015 it announced the transfer of a further 600 employees to IBM in an outsourcing deal worth USD 1 billion. In 2016 it announced it would double the manpower at its Indian subsidiary, then at 600 in Mohali and 1,500 in Bengaluru, over three years, investing INR 1–1.25 billion. Evry had a total workforce of 9,400 in 2016.

Evry India

Evry acquired Span Infotech, an Indian IT company, which was renamed Evry India to be coherent with its parent company. Evry India is a Bangalore and Chandigarh-based software services company and a provider of IT and software product development services to customers in various industries such as banking and financial services, insurance and healthcare, retail and logistics.

References

Evry Wikipedia