Netwise established a new spin-off company, PowerPRM, to provide stronger support for partner and franchise network management

Netwise, a leading Microsoft partner in Europe specializing in CRM and PRM implementations based on Microsoft technologies, has established PowerPRM, a company that introduces its own platform for managing business in a franchise and network model to the market. It will be led by Wojciech Zarębski, the former Senior Manager at Netwise. The spin-off will offer customers tools to maximize the potential of their sales and partner networks.

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Netwise will buy its shares back. Some of them will be offered to employees and co-workers

The General Meeting of Shareholders of Netwise S.A. authorized the Company’s Management Board to purchase company’s shares after the end of the close period. It is the first step toward offering these shares to employees and associates as part of a future incentive program. Netwise Management Board may spend up to PLN 3.6 million (EUR 0.8 million) of company’s funds for this buyback.

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