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Siav S.p.A. Expands into MEA Market with New Dubai-Based Entity

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Siav S.p.A. Expands into MEA Market with New Dubai-Based Entity

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The latest announcement is out from Siav S.p.A. ( (IT:SIAV) ).

Siav S.p.A. has established Siav Connect FZE in Dubai to expand its operations in the Middle East and Africa (MEA) markets. This strategic move leverages their new cloud-native Connect platform and aims to enhance business development, software deployment, and post-sales activities in the region. The new entity will collaborate with Mindware FZ LLC for exclusive distribution of the Connect platform starting July 2024, marking a significant step in Siav’s international growth strategy.

More about Siav S.p.A.

Siav S.p.A. is a leading company in the Enterprise Content Management (ECM) and Business Process Outsourcing (BPO) sector, established in 1989 in Rubano, Italy. The company offers proprietary software for document management and professional outsourcing services, serving over 4,000 clients across private and public sectors. Siav operates primarily in the Italian market with offices in several cities and also has a presence in Switzerland and Romania.

YTD Price Performance: -14.29%

Average Trading Volume: 8,285

Technical Sentiment Signal: Buy

Current Market Cap: €16.11M

Find detailed analytics on SIAV stock on TipRanks’ Stock Analysis page.

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