Mining software company Gemcom Software International, Inc., announced this week that it has acquired independent distributor Gemcom Russia.
Gemcom Russia has been working in the country for 15 years as an independent distributor. The April 4 deal will help to streamline Gemcom International’s Russian operations. The company is already well established within the Russian mining industry and supplies software to 14 Russian universities.
“I am delighted to welcome Gemcom Russia as a full partner in the Gemcom family,” Gemcom president and CEO Rick Moignard said. “This presents an exciting opportunity for both Gemcom and our clients in Russia. With vast mineral resources, Russia is an expanding market with a substantial need for technology which will allow operations to increase efficiency. There is an increasing focus in the country on sustainable mining productivity, which is fuelling demand for the solutions that Gemcom provides. Having a team who understands the particular complexities of doing business in the country will allow us to support the growth of our clients and the Russian mining industry.”
Gemcom International is headquartered in Vancouver, British Columbia, Canada, and is the largest global supplier of mining solutions software.