S&T System Integration & Technology Distribution

S&T System Integration & Technology Distribution AG
legal form	Corporation
ISIN	AT0000905351
founding	1993
resolution	December 12, 2012
Seat	Vienna , Austria
management	Hannes Niederhauser, CEO Erhard F. Grossnigg , Chairman of the Supervisory Board
Number of employees	1,546 (2011)
sales	265.9 million euros (2011)
Branch	IT service
Website	www.snt.at

The S & T System Integration & Technology Distribution AG was a provider of IT consulting, solutions and services headquartered in Vienna , with a focus on Central and Eastern Europe. The S&T Group was present in 17 countries.

history

The company started in 1993 in Slovakia and Bulgaria . In the following years further branches were established in Romania and the former Yugoslavia . As a full function distributor for Hewlett-Packard, S&T specialized in the sale of IT hardware and software in the first few years and focused on IT consulting and services from 2000 onwards.

S&T went public in 1998 on EASDAQ (now NASDAQ Europe ). Subsequently, the company grew through the establishment of branches and the acquisition of companies. In 1999, for example, S&T expanded its presence to Slovenia, Croatia, Bosnia-Herzegovina and Macedonia with the acquisition of Hermes Plus. The branch in Slovenia was strengthened shortly afterwards with the takeover of the eBusiness company ICOS.

From 1999 S&T also dealt with the distribution of medical products and was the exclusive distribution partner for medical products for Philips in Bulgaria, the Czech Republic, Romania and Slovakia.

With the acquisition of Largo Systems in 2000, the company opened a branch in Poland. In 2001 S&T bought Aster in Slovenia, INNET in Hungary and Neos Computer in the Czech Republic as well as Netway Computer Systems in Romania. In 2002 the expansion to Montenegro followed. The companies Epsilon in Croatia and Atlantis in Slovenia were taken over in 2003. Also branches of Fujitsu Services in six countries. In the same year, S&T moved from EASDAQ to the Vienna Stock Exchange .

In 2004 ITS Intertrade Sistemi doo was bought in Slovenia. A total of four takeovers took place in 2006. S&T took over Unitis in Hungary, the Grall Group in the Czech Republic and BEELC in Poland.

S&T was recently represented in the following countries: Albania, Bosnia-Herzegovina, Bulgaria, Croatia, Macedonia, Montenegro, Poland, Romania, Serbia, Slovakia, Slovenia, the Czech Republic, Hungary and Austria and had minority holdings in Ukraine, Russia, China and Moldova.

S & T's core business was consulting, development, implementation and operation of customer-specific IT solutions, processes and systems. S&T looked after large and medium-sized companies along the entire IT value chain in the areas of manufacturing, trade, telecommunications, public administration, financial services as well as energy and utilities. S&T AG was based in Vienna and had been listed on the Vienna Stock Exchange since 2003.

S&T worked with Oracle , Microsoft , Hewlett-Packard , IBM , SAP , EMC , Cisco and Infor .

In 2010 S&T ran into financial difficulties and had to file for bankruptcy in March of the following year. In the search for a new investor, the company found Quanmax AG and Grosso Holding GmbH, which specializes in insolvencies, and each took a 40% stake. On September 10, 2012, it was announced that S&T System Integration & Technology Distribution AG and Quanmax AG will merge. The merger was completed on December 12, 2012. S&T System Integration & Technology Distribution AG was merged with Quanmax AG, which was then renamed S&T AG .