Internationalisation fuels Staria’s growth

With more than 20% growth, the company’s turnover in 2018 was €13.2 million. The earnings (EBITDA) grew 80 %, exceeding to one million euros. Staria made extensive investments in utilising automation, robotics and artificial intelligence and in the development of multiple NetSuite Apps.

“We had a good year, and all areas of the business continued to grow, thanks to Staria’s excellent employees. The company’s growth was mostly attributable to international ONE STOP® financial services from 23 countries and to the robotics business. In addition, demand for the NetSuite services was very strong,” explains Juha Tommila, CEO at Staria.

Staria continues to hire more skilled people. In 2018, the number of employees grew further, and today there are more than 170 starians working for the company. In addition, new robotics and AI solutions were implemented in several systems during the past year.

2018 highlights:

  • all business areas continued growing
  • the ONE STOP® financial services expanded to 23 countries
  • received a recognition as the NetSuite SuiteCloud International partner of the year and as the leading Nordic operator with NetSuite 5-Star partnership status

“The outlook for 2019 is excellent. Our strategy, focusing on international growth and utilising artificial intelligence, has proven to be correct. The turnover will continue to grow faster than during the past year, and profitability is further improving,” explains Mikko Saari, Chairman of Staria’s Board of Directors.

For more information:

Juha Tommila
CEO, Staria Oyj
juha.tommila@staria.com
+358 40 860 9400

Mikko Saari
Chairman of the Board, Staria Oyj
mikko.saari@staria.com
+358 40 071 4457

Staria Oyj is an information system and financial services company whose mission is to enable the most efficient services and tools for its customers to use in modern business. Staria’s services include local and international information systems, financial, HR and payroll solutions, as well as specialist services and Robotic Process Automation. Staria is also the most internationally recognized NetSuite partner. Established in 2003, the company is fully owned by its employees.

By |2019-01-31T05:59:28+00:00January 31st, 2019|News|