To put things into a perspective, the mentioned deal accounts for 18.8% of the company’s trailing 12m consolidated sales.

Ericsson Nikola Tesla published an announcement on the Zagreb Stock Exchange stating that the company has concluded a business deal worth almost HRK 370m regarding the implementation of the Central Software Platform for the Centralized e-Health System in the Republic of Belarus.

The company notes that the contract is the result of a two-stage bidding process within the scope of the World Bank project P156778 „Belarus Health System Modernization Project”, financed by a loan of the International Bank for the Reconstruction and Development.

The contract was signed by the Republican Scientific and Research Center for Medical Technologies, Informatization, Administration and Management of Health, which is an agency of the Ministry of Health of the Republic of Belarus.

The planned duration of the platform implementation project is 2.5 years, and the contract also includes a 3-year warranty period. To put things into a perspective, the mentioned deal accounts for 18.8% of the company’s trailing 12m consolidated sales.

As a reminder, the Ericsson NT recently published their 9M 2020 report according to which the company recorded an increase in sales of 15.2% YoY, a decrease in EBITDA of 12.7% and a decrease in net profit of 16.8%. To read more about the 9M results click here.