EMONEY GROUP Enters Central & Eastern Europe Through Acquisition

PRAGUE, CZECH REPUBLIC AND HOOFDDORP, THE NETHERLA--(Korea Newswire)--EMONEY GROUP, a company based in The Netherlands, took over activities of the Prague based company HAGUESS, with a portfolio related to city-cards projects in the Czech Republic including the Prague OPENCARD scheme. EMONEY GROUP is an international player in the field of digital ecosystems - multi-application solutions and operations among micropayments, transport systems, municipal and other services. The backbone of EMONEY GROUP is a strong international team of experienced professionals, specialized in building solutions that bring together international know-how and local suppliers.

“Central & Eastern European markets have considerable potential. Innovative solutions in micropayment systems, transport applications and municipal services are on a very high level in the Czech Republic and people in this area are creative and breakthrough ideas. Combining these with the global expertise the people in our group can offer, will result in the implementation of a number of interesting projects in the Czech Republic,” commented Christian Senly, Chief Technology Officer of EMONEY GROUP.

The acquisition enables EMONEY GROUP to set up a client services base for expansion within the region on the one hand and to have a technology center for building own technologies and products on the other.

About EMONEY GROUP

EMONEY GROUP is an international company that brings global worlds together locally. EMONEY GROUP set up local ventures that put together best-of-breed models and components, using proven methods and technologies to effectively combine global experiences with a thorough understanding of local needs and demands. Our core business areas are smart card and other mobile solutions for municipalities, regional governments, transport and retail businesses; covering mainly ticketing, micro-payment, e-ID, and e-Vouchers applications. The international team leading EMONEY GROUP combines more than one hundred years of relevant experience in the business. The company is mainly active in Europe (from East to West), Latin America, and South East Asia.

The head office of EMONEY GROUP is located in Hoofddorp, the Netherlands.

For more information please visit www.emoneyventures.com.

Website: http://www.emoneyventures.com

This is a news release distributed by Korea Newswire on behalf of this company.