NFON AG: NFON AG expands branch in Austria and establishes location in Innsbruck

Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

DGAP-News: NFON AG / Key word(s): Expansion/Expansion

26.02.2019 / 14:00
The issuer is solely responsible for the content of this announcement.

Press Release

NFON AG expands branch in Austria and establishes location in Innsbruck

- Expansion: Key-Country Austria

- NFON GmbH expands branch office in St. Pölten

- NFON GmbH opens second location in Innsbruck

Munich, 26 February 2019 - NFON AG, the only pan-European cloud PBX provider, creates more space for its Austrian branch and moves to a larger office in the industrial park INNOWERK in St. Pölten. The move was necessary to support the expansion of the NFON Group also in Austria: "Austria plays a key role in our expansion strategy", stresses César Flores Rodríguez, Chief Sales Officer, NFON AG. "Our ambition to become number one in Europe also means increased sales activities for Austria as well as a focus on the Eastern European markets." In addition, the expansion also supports the local market demand for UC solutions (Unified Communication as a Service) and a focus on premium solutions such as contact center solutions (Ncontactcenter).

Growth: More employees

NFON GmbH currently employs 30 people in Austria, with a further six positions planned by the end of 2019. The new office space has 520 square meters of space for up to 50 employees - a perspective that is planned until 2021. Talents from sales and technology are currently being sought ( Gernot Hofstetter, Managing Director Austria, sees the path mapped out: "Digital transformation is in its infancy. NFON offers a first-class and highly scalable technology platform for the freedom of business communication. The enormous market potential is also visible in Austria. For this we need strong human resources and an attractive workplace environment". NFON GmbH is also responsible for the development of the CEE countries from the Austrian headquarters in St. Pölten. Gernot Hofstetter: "The local industries and companies are ready for the cloud! We receive this signal day by day. That is why we will soon be setting up a further location: Innsbruck is the choice. Here we can react faster and more efficiently to demands in the western parts of Austria."

On the way to becoming No.1 in Europe

The company, which was founded in Munich in 2007 and went public in Frankfurt am Main (Prime Standard) in May 2018, serves the continuously growing demand for consulting services for corporate clients in the region with its expansion and also positions itself strategically for the Eastern European markets. Cesar Florés: "We are growing continuously and opening up new customer groups both nationally and internationally. Our task is clearly defined: to drive corporate growth forward. By expanding our business in Austria, we are creating the necessary conditions and strengthening our visibility for attracting new talent." The still young market for telephony solutions from the cloud is growing continuously in Europe and has an average annual growth rate of 16 percent - 26 million seats (extensions) are forecast for the European cloud PBX market in 2022.



César Flores Rodríguez, CSO, NFON AG and Gernot Hofstetter, MD, NFON GmbH, Österreich.


Contact for Investor Relations

Sabina Prüser
Head of Investor Relations
+49 89 45300 134

Press contact

Thorsten Wehner
Vice President Public Relations
+49 89 45300 121


Headquartered in Munich, NFON AG is the only pan-European cloud PBX provider - counting more than 20,000 companies across 13 European countries as customers. With Cloudya, NFON offers an easy-to-use, independent and reliable solution for advanced cloud business communications. Further premium and industry solutions complete the portfolio in the field of cloud communications. With our intuitive communications solutions, we enable European companies to improve their work a little, every single day. NFON is the new freedom in business communication.

26.02.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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