Belgrade-based Ars Blue becomes a part of Bassilichi Group - Italians complete electronic banking services at world market

(Danilo Rivalta and Slobodan Paunovic) Bassilichi Group, Italian company leader in business process outsourcing, through its daughter company, Bassilichi CEE, took over 51% stake at Ars Blue.
The domestic company headquartered in Belgrade is specialized in development and installation of software platforms for managing transactions through POS terminals, ATMs, info kiosks and mobile phones. Slobodan Paunović, a founder and Executive Manager at Ars Blue, remains the part of new organization as a stakeholder of 49% share and a manager, together with Danilo Rivalta the Sales and Marketing Executive Manager at Bassilichi Group.

Ars Blue, set up in 2009, has 40 people who developed and patented innovative and technologically advanced package which comprises two platforms - "AsoftE2E" and "AsoftA2Z" – which enable, financial institutions and service companies to fully manage and supervise all kinds of transactions which can be done in credit, debit, prepaid cards and different canals (ATMs, info kiosks, POS terminals, as well as through smart phones and tablets payment) in safe manner.

Thanks to its features, the package which can be used on different devices, in different languages and platforms which have Visa and MasterCard certificates is available in three continents: in Europe (Albania, Bosnia and Herzegovina, Montenegro , Macedonia, Serbia and Switzerland), Africa (Nigeria, Benin, Togo and Cameroon) and Asia (Turkmenistan), for big clients such as UniCredit bank Serbia, Sky bank and Union bank u Nigeria.

The acquisition after which the Group has 1.190 employees, will enable Bassilichia to complete the range of services with electronic money and increases profit from abroad which, according to business plan, should increase from 5% to 20% in 2016.

Bassilichi Group currently offers a large spectrum of products and electronic banking services, from usage of external services for managing 15.103 ATMs and 235.961 POS terminals worldwide to corporate banking and electronic trade. Apart from that, through its daughter company, Bassilichi CEE, it provides 12.000 POS terminals and 700 ATMs for clients such as UniCredit ban Serbia, Credit Agricole Serbia, AIK Bank, NLB Bank in Serbia and Bosnia and Herzegovina, Nova Banka in Bosnia and Herzegovina, Credins bank in Albania and Hipotekarna banka in Montenegro.

(Ars Blue has new logo) – We are pleased to announce the crossroads in our company’s history since the transaction completes our range of services in electronic banking and consolidates our presence abroad - Marco Bassilichi, president of Bassilichi S.p.A said.

Bassilichi", through its POS network, provides a number of innovative and functional services: cash free payment of taxi cars, fuels receipts, money transfer, management and accounting of food vouchers, home banking and other services.

Bassilichi arrived to Serbia in 2013 and they picked up our country for the business center in CEE, Bassilichi CEE expect in2014 a turnover of EUR 3 m which is double the amount in 2013. As it was said at today’s conference in Belgrade, they are planning to expand to Romania, Bulgaria, the Czech Republic, Slovenia, Hungary and Turkey.

The Executive Manager and a founder of Ars Blue, Slobodan Paunovic reminded that for every software it os extremely important that it can be implemented in different countries. Cooperation with Bassilichi will enable this Belgrade-based company new business opportunities worldwide.

Paunovic added this acquisition is a good news for young engineers who will get the chance to work on software development for other countries as well as that there will be vacancies for other employees as well.

TAS Eastern Europe d.o.o. Beograd

BASSILICHI CEE d.o.o. Beograd

Ars Blue

Bassilichi

Bassilichi CEE

electronic payment

electronic banking

Marco Bassilichi

Bassilichi SpA

business process outsourcing business process outsourcing

ATMs

POS terminals

info kios

info kiosci

Danilo Rivalto

Slobodan Paunović

AsoftE2E

AsoftA2Z

e-payment

UniCredit bank Serbia

Sky bank

Union bank Nigeria

Credit Agricole Serbia

AIK Bank

NLB Bank

Credins bank in Albania

Hipotekarna banka Crna Gora