FPT marks 10th anniversary of its first M&A deal abroad

FPT Slovakia has grown impressively from a single customer to nearly 30 clients in just a decade and has earned recognition as one of Slovakia's Top 5 best employers.

The journey began in 2014 when FPT made its first international M&A move by acquiring RWE IT Slovakia, the IT arm of Europe’s leading energy group, RWE. This acquisition marked a pivotal shift, as RWE IT Slovakia rebranded to FPT Slovakia and transitioned from providing internal IT services exclusively for RWE to offering a broad range of services to a global clientele.

Starting from humble beginnings, we’ve established a significant foothold in the European market. This growth journey has been driven by the relentless efforts and talents of our entire team. One of our key achievements has been attracting a diverse customer base across various industries, making us more dynamic and innovative,” shared Tran Coi, CEO of FPT Slovakia, as he reflected on the company’s 10-year milestone.

FPT Slovakia currently serves around 30 clients across Europe and beyond, spanning various sectors such as energy, manufacturing, trade, automobile inspection, and food. The company has significantly expanded its technological capabilities, moving beyond its initial focus on SAP services and testing to embrace new areas like e-Mobility, Cloud, and RPA. In 2023, FPT Slovakia achieved a remarkable 40% increase in revenue and a 30% rise in profit compared to the previous year.

CEO Tran Coi emphasized, “We are at the forefront of implementing and maintaining SAP solutions, and we play a crucial role in designing, developing, managing software, and providing independent testing and quality assurance for IT services in the energy sector. Additionally, we partner with clients to deliver innovative solutions in e-Mobility, Smart Home, and Renewable Energy.”

FPT Slovakia is committed to fostering a respectful, fair, and supportive work environment for all employees. The gender balance within the company is nearly equal, with women representing 42% and men 48% of the workforce. Notably, women hold 47% of all management positions.

As CEO Tran Coi stated, "Human resources are a vital component of our overall growth and development." With this in mind, FPT Slovakia aims to expand its workforce to 1,000 employees over the next three years.

Beyond its business operations, FPT Slovakia actively engages in CSR initiatives and collaborates with regional universities to strengthen relationships and support education. "We strive to remain competitive in the labor market and attract top talent," Mr. Coi added.

The company is on the lookout for experts to support various projects and initiatives. FPT Slovakia focuses on rapidly developing technologies such as Google Cloud Platform, ServiceNow, AI, IoT, green energy management applications, SharePoint, Java, Autosar, BTP, and SAP S/4 HANA implementation.