The amount of transactions of the Moscow-headquartered money transfers system UNISTREAM has reached $1 billion 300 million in January – September of 2006. UNISTREAM has become the first among the Russian companies operating in the business to exceed a $1 billion annual turnover.
“We consider this result as a great success. It has become possible due to effective realization of our program targeted on stepping up the turnover of the system,” said Souren Hayriyan, the CEO for UNISTREAM.
“The program includes intensive expansion of the system world wide by signing new partnership agreements, and developing of an efficiently functioning international service point network where the whole set of the UNISTREAM’s services is available.”
Hayriyan said that a $1 billion 300 million amount of transaction the system reached in January – August demonstrates an incredible progress of the system world wide, and the ambitions of the company’s leadership to reach the leading positions on the global money transfers market.
“Since 2001 when the system started its operations, we have permanently been perfecting our work, constantly developing the strategies, implementing new IT-systems and carrying out the programs to improve the team’s skills. All this has lead to the great results,” Hayriyan said.
Currently, the system operates in 85 countries, providing high quality services in over 25 000 service points world wide.
The system demonstrated a $750 million amount of transactions in 2005 and aims to reach a $2 billion turnover in 2006. The system has over 200 partnership agreements globally.