12 Apr 2022 13:58

TCS Group obtains 51% of company developing ATM solutions

MOSCOW. April 12 (Interfax) - TCS Group has acquired a controlling share in Russian ATM innovation solutions developer Bankom.

According to the Unified State Register of Legal Entities, TCS LLC, a TCS Group entity, has increased its stake in Bankom LLC to 51%, and Bankom CEO Sergei Rabotko's stake has now dropped to 49%.

TCS LLC became the owner of 30.85% of Bankom LLC on April 1, while Rabotko still owned 69.15% of the company.

Bankom specializes in providing a full range of services for ATMs, POS terminals, and other payment equipment, from distribution, repair, and branding to creation of technological solutions and modernization of devices per individual order. The company includes service and design departments, adaptive manufacturing, an assembly shop, and a creative solutions laboratory.

Tinkoff Bank has been working with Bankom since the launch of its ATM network, the lender said earlier. The company will be integrated into the group's ecosystem and will continue to develop innovative solutions for it and provide service support. At the same time, it is envisaged that the company will continue to provide services to other clients in the market.