VK Tech is a leading Russian developer of the corporate software
We have been enhancing efficiency of key business functions since 2018
TOP 3
Vendors of proprietary IT solutions
All delivery models
On-Premise and On-Cloud product delivery models
3 countries
Russia, Kazakhstan and Uzbekistan
RUB 14 billion
Revenue for 2024
>25 years
Experience of IT product development
>1,800 employees
>80% — IT team
VK Tech Incorporation and Development
Creating and developing the technology to enhance efficiency across companies and make people enjoy their work
- In 2018, VK Group established VK Tech, a B2B IT department.
- Evolving in the global competition context, VK Tech has grown into one of the leaders of the corporate software market.
- VK Tech’s product portfolio relies on VK’s mature technologies: a cloud platform, email service and data platform.
- Further growth of VK Tech is driven by the expertise of the company’s internal team and the market request approach.
- Since 2023, VK Tech has been operating in the CIS.
Investment Appeal
Off-the-shelf system of the corporate software
Complementary product portfolio shapes a ready-to-use system of the corporate software, with leading positions held by certain product lines.
All delivery models
Due to combination of On-Prem and On-Cloud delivery models, VK Tech product portfolio holds a unique position in the market and allows to satisfy customers’ needs for companies of any size
A strong team
The TOP management with work experience for global vendors and the Russian Big Tech, as well as active influx of the graduates of
fellows programs of the best field-specific universities
Competition with global players
The product portfolio was shaped in the context of competition with global vendors and is further improved on foreign markets, thus setting high quality standards
Synergy of technologies
Access to VK’s internal developments and an opportunity to test new solutions with high-load company services allow to quickly develop and release products meeting the market needs
Operational efficiency
Marginality expansion due to the reached stage of the product maturity and reduced investments in the current portfolio
The Target Market of the Corporate Software in Russia
According to Strategy Partners research, the Russian market of corporate software will maintain the annual average growth rate of 24% until 2030. In the base-case scenario, the target market will reach RUB 727 billion during this period.
VK Tech Financial Highlights
| In RUB billion, unless otherwise stated | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
 Revenue | 18,8 | 13,6 | 9,6 | 5,4 |
 Operating expenses | 13,9 | (9,2) | (7,4) | (4,9) |
 Allocated expenses above EBITDA | - | (0,4) | (0,5) | (0,3) |
 Adjusted EBITDA | 4,8 | 4,0 | 1,7 | 0,2 |
 Adjusted EBITDA margin | 26% | 29% | 17% | 4% |
Strategy
Cloud is the driver of further growth
Fast scalability of VK Cloud
A unique comprehensive offer (public and private cloud) covers the widest pool of customers
Development of data services
Focused on demanded AI&ML solutions both On-Premis and On-Сloud
Corporate software expansion
In response to the hybrid technology consumption trend
The combinable product delivery both On-Premis and On-Сloud allows to gain an edge in the competition
Expansion to the target market
Developing portfolio products and expanding the portfolio through joint solutions, including those created in new product lines
Growing business efficiency
Improving profitability
Exponential growth of profitability due to efficient costs structure management and product maturity
Intensifying sales
Growing the customer pool through developing the partner network, and growing customer revenue due to cross sales and additional services
Expansion to the international markets
Business expansion
Creating new channels for business development
Raising the quality standards
Improving the product quality through competition with global vendors
Reporting and Performance
Corporate Governance
Internal documents
Corporate governance structure
General meeting of shareholders
Articles of Incorporation of VK Technologies PJSC
Regulations on the General Meeting of Shareholders
Regulations on the Company’s Board of Directors
Regulations on the Corporate Secretary
Regulations on the Internal Audit
Risk Management and Internal Control Policy
Regulations on Dividend Policy
Regulations on the Audit Committee
Regulations on the Committee for Remunerations and Appointments
Remuneration Policy
Board of directors and committees
Notice of holding the extraordinary absentee voting of the general meeting of shareholders
Report of the results of the absentee voting of the Extraordinary General Meeting of Shareholders
Information in the Interfax feed
FAQ
How does VK Tech business work?
VK Tech is a leading Russian developer of corporate software that creates a comprehensive product ecosystem to drive efficiency of the key business functions.
VK Tech's product portfolio relies on VK's mature technologies, while further development is driven by expertise of the internal team and focus on market demand.
The portfolio of combinable products covers four product lines: a cloud platform, data services, productivity services and business applications. All portfolio solutions meet Federal Service for Technology requirements and are supplied through combinable On-Premise and On-Cloud delivery models. Due to this, customers can put together the digittal ecosystem tailored to their tasks.
High priority of investing in our own development and expertise of the IT team allow to create products that become market leaders. Interoperability and market positions of the solutions drive sustainable and diversified company growth in the global competition context, while combination of all delivery models supports high share of recurrence and mitigates seasonality.
VK Tech operates in Russia, Kazakhstan and Uzbekistan, and keeps on expanding its presence on external markets.
What is included in the off-the-shelf system of VK Tech corporate software?
The VK Tech product portfolio is a ready-to-use system of the corporate software with leading positions across the following product lines:
- VK Cloud platform
- Productivity services: VK WorkSpace (email, messenger, video conferencing, documents, drive)
- Business applications for automation of HR, finance and operations: VK HR Tek, VK People Hub, VK Tax Compliance, VK Process Mining, VK Data Symphony
- Data services: Tarantool, Cloud Storage, VK Data Platform.
Who are VK Tech customers?
The VK Tech's customer portfolio mainly includes companies with high digitalization potential thus ensuring expansion of the customer pool and development of long-term relations with the customers.
The customer base is diversified by industry and company sizes thus helping keep balance between Enterprise and SMB customer segments and grow both recurrent and non-recurrent revenues.
Besides, VK Tech works with international customers in Kazakhstan and Uzbekistan expanding regions of presence and strengthening its positions in the CIS countries.
What's the growth potential of the corporate software market VK Tech operates in?
According to Strategy Partners research, the corporate software market will maintain the annual average growth rate of 24%, and will exceed RUB 700 billion by 2030. Thus, the sector of IT solutions for business will outrun the annual average growth rate across the Russian IT market that will come up to about 8–13%.
The main drivers of the market growth are digital transformation of business and economy, B2B and B2G digitalization, as well as ongoing migration of Russian companies to IT products of domestic companies.
Where can we get additional information of the company?
Learn company news from the Investor News section of our website, and in our corporate blogs you can find in T-Pulse, Smart-Lab and BKS Profit.
Haven't found the answer to your question?
Ask us by email