May 23, 2024

Armundia Factory Expands Its Offering to All Industries

The Group aims to become the leading technology partner for the digital transformation of companies of all sizes and sectors.

Armundia Factory, an ICT and BPO services company based in Tirana, Albania, and wholly owned by Armundia Group—a tech company leader in digital platforms and specialized consulting services for innovation in the banking, financial, and insurance markets—has expanded its range of services and solutions to all industries, including public administration, manufacturing, telecommunications, healthcare, and education.

DIGITAL TRANSFORMATION AS A COMPETITIVE LEVER

With this strategic evolution, the Group aims to support a broader range of clients in their digital transformation—now a crucial competitive advantage for companies of every size and sector—by enhancing efficiency and productivity.

A YOUNG, QUALIFIED, HIGH-VELOCITY TEAM

Thanks to a high-velocity talent team of 60 highly qualified professionals, with an average age of 28 and degrees primarily in economics and computer science, and to its strong collaboration with the Universities of Tirana—Eastern Europe’s capital of high technology—Armundia Factory positions itself as a global tech partner. It supports organizations at every stage of their digitalization journey: from initial consulting to the implementation of tailor-made solutions, and post-launch support.

A DECISIVE STEP FOR GLOBAL INNOVATION

This business development marks a major step toward the digital transformation of the global market.
With extensive experience in the banking, insurance, and financial sectors, Armundia Factory is equipped to meet the needs of an
ever-evolving market
with speed and precision, offering specialized tech services and tailored solutions for every industry. Thanks to its international presence and holistic approach to digitalization processes, Armundia Factory can effectively support companies’ growth and innovation strategies worldwide
Gianluca Berghella, President & CEO, Armundia Group

GROWTH ALIGNED WITH THE 2023–2025 INDUSTRIAL PLAN

“This new business initiative is fully aligned with the 2023–2025 industrial plan of the parent company,” said Stavri Pici, CEO of Armundia Factory, “which includes the opening of Armundia United Kingdom and Armundia Luxembourg, and the international development of multi-industry services offered by Armundia Factory as key pillars of our internationalization strategy.
We closed 2023 with a turnover of over €1.5 million, and we aim to double it over the next three years, increasing EBITDA from over 20% to an average value between 25% and 30%.”

ARMUNDIA REPORTAIR: THE NEW FRONTIER OF DATA REPORTING

Among the key solutions offered is Armundia ReportAiR, an advanced AI-based data reporting module developed in partnership with Flow Immersive, a California-based company specialized in data visualization tools.
Built on cloud and spatial computing technologies, the tool is multilingual and enables real-time extraction of information from relational or document-based archives, immersive and interactive 3D visualization, dynamic exploration, and complex data querying.

DATA-DRIVEN STORYTELLING FOR SMARTER DECISIONS

This new data-driven storytelling tool allows users to explore information, focus on specific areas of interest, and receive contextualized explanations and relevant insights.
In doing so, it makes data analysis more intuitive and accessible—turning complex information sets into engaging, comprehensible narratives that support faster and more informed decision-making.

Armundia Factory Expands Its Offering to All Industries