Portum was set up in 1999 as a provider for online auctions with the slogan “Business Auctions Online”. As a result of changing market and customer requirements, Portum has become a provider of software solutions for strategic purchasing. Solutions support the complete procurement process and are composed of software products and related service offers.
Milestones:
1999, June: company founded
1999, December: first online auction
2000, May: first framework agreement with a customer from the chemical industry
2000, July: Portum GmbH becomes a public limited company
2000, September: Portum becomes an auction provider for CC-Markets and Chemplorer.
2000, move to company headquarters in Ostparkstraße
2001, first version of the auction platform goes live
2002 development of the Supplier Management Engine
2002 Trade-Ranger signs worldwide framework agreement with Portum
2003 Portum wins Siemens as an investor and customer
2004 T-Systems becomes a Portum AG customer
Milestones:
1999, June: company founded
1999, December: first online auction
2000, May: first framework agreement with a customer from the chemical industry
2000, July: Portum GmbH becomes a public limited company
2000, September: Portum becomes an auction provider for CC-Markets and Chemplorer.
2000, move to company headquarters in Ostparkstraße
2001, first version of the auction platform goes live
2002 development of the Supplier Management Engine
2002 Trade-Ranger signs worldwide framework agreement with Portum
2003 Portum wins Siemens as an investor and customer
2004 T-Systems becomes a Portum AG customer
Facts and figures
Founding date: June 1999
Employees: 50
Headquarters: Frankfurt am Main
Board:
Traded volume: 8,1 bn €
Users: > 50.000
Completed projects: > 6.000