17th Mar 2015 07:54
LONDON (Alliance News) - Kalibrate Technologies PLC on Tuesday said it has secured a contract to provide its Location Intelligence Solution product to Serbian oil company Naftna Industrija Srbije (NIS), which is majority-owned by Russian state oil and gas company Gazprom.
Under the terms of the deal, NIS is to use Kalibrate's retail network planning and location analysis product in order to improve the performance of its retail outlets in southeast European countries.
Kalibrate did not provide any financial details on the deal.
"We are delighted to welcome NIS as a valued client. This new partnership adds 3 new countries to Kalibrate's growing list of market experience which now exceeds 50 countries in total. This is further proof of our ability to add value to fuel retail businesses across a very broad range of market conditions," said Bob Stein, Kalibrate's Chief Executive.
By Sam Unsted; [email protected]; @SamUAtAlliance
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