Yukos and Microsoft sign three-year co-operation agreement

Jul 06, 2000 02:00 AM

Yukos announced that it had signed an agreement on co-operation with Microsoft.
The accord, which has a term of three years, provides for Yukos to use Microsoft's Windows 2000 software as the platform for all of its computer systems. At the present time, the company owns more than 1,000 computers and is running about 40 servers. All of the computers and servers in Yukos' offices in Moscow will be transferred over to the Windows 2000 system by the end of this year, and the company's regional offices will follow next year. The company said it expected to invest about $ 10 mm by the end of 2003 to develop information technology systems with Microsoft. It further stated that it planned to invest a total of $ 40.2 mm in its computer systems in the year 2000 alone.

Source: NewsBase
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