Ciklum Sales Office Expands Operations in Russia

Kiev, Ukraine, April 15, 2012 --(PR.com)-- Ciklum, a Danish innovative IT company specialized in nearshore software development in Ukraine and Belarus, has taken over Nexus Incubation in Russia to facilitate the growth of Ciklum Sales Office activities in the Commonwealth of Independent States (CIS) region.

With the two digit growth rates in many areas from retail to IT and software, the Russian market in general and the CIS markets in particular are rapidly becoming more and more attractive. Ciklum Sales Office helps Western European companies with the full-cycle sales process and sees an increasing interest from Western European companies willing to take advantage of the business opportunities in Russia and CIS.

In order to facilitate the growth of Ciklum Sales Office in Russia, Ciklum has acquired Nexus Incubation in Moscow owned by Nexus International Inc. as of March 1st, 2012.

Nexus Incubation was founded by Lau Geckler and Adrian Stewart to help and assist Western European companies do business in Russia. Lau Geckler is a native Dane who has been living in Moscow for the past 9 years. He will continue as General Manager and Partner for Ciklum Sales Office in Russia.

By the end of 2012 Ciklum Sales Office is expected to facilitate a team of about 100 people to focus specifically on selling Western European clients’ software products all over the CIS region and helping them reach cumulative monthly revenues close to $1.5 million.