S&T (company)
Encyclopedia
The S&T group of enterprises is an IT consulting, solutions and services provider with its head office in Vienna and 80 branches in 22 countries.

Company history

S&T was founded by Thomas Streimelweger and Karl Tantscher in 1993. The company started up in Slovakia
Slovakia
The Slovak Republic is a landlocked state in Central Europe. It has a population of over five million and an area of about . Slovakia is bordered by the Czech Republic and Austria to the west, Poland to the north, Ukraine to the east and Hungary to the south...

, Bulgaria
Bulgaria
Bulgaria , officially the Republic of Bulgaria , is a parliamentary democracy within a unitary constitutional republic in Southeast Europe. The country borders Romania to the north, Serbia and Macedonia to the west, Greece and Turkey to the south, as well as the Black Sea to the east...

 and Ukraine
Ukraine
Ukraine is a country in Eastern Europe. It has an area of 603,628 km², making it the second largest contiguous country on the European continent, after Russia...

 and other branches were established over the next few years in Romania
Romania
Romania is a country located at the crossroads of Central and Southeastern Europe, on the Lower Danube, within and outside the Carpathian arch, bordering on the Black Sea...

, Moldova
Moldova
Moldova , officially the Republic of Moldova is a landlocked state in Eastern Europe, located between Romania to the West and Ukraine to the North, East and South. It declared itself an independent state with the same boundaries as the preceding Moldavian Soviet Socialist Republic in 1991, as part...

 and Yugoslavia
Yugoslavia
Yugoslavia refers to three political entities that existed successively on the western part of the Balkans during most of the 20th century....

. In the early years, S&T specialized in the sale of IT hardware
Hardware
Hardware is a general term for equipment such as keys, locks, hinges, latches, handles, wire, chains, plumbing supplies, tools, utensils, cutlery and machine parts. Household hardware is typically sold in hardware stores....

 and software, as a Full Function Distributor for Hewlett Packard but they turned their focus to IT consulting and services from the year 2000.

S&T’s initial public offering took place on the EASDAQ (now NASDAQ
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...

 Europe) in 1998. Following on from this, the company grew by setting up branches and through the acquisition of other companies. In 1999, for example, S&T expanded its presence into Slovenia
Slovenia
Slovenia , officially the Republic of Slovenia , is a country in Central and Southeastern Europe touching the Alps and bordering the Mediterranean. Slovenia borders Italy to the west, Croatia to the south and east, Hungary to the northeast, and Austria to the north, and also has a small portion of...

, Croatia
Croatia
Croatia , officially the Republic of Croatia , is a unitary democratic parliamentary republic in Europe at the crossroads of the Mitteleuropa, the Balkans, and the Mediterranean. Its capital and largest city is Zagreb. The country is divided into 20 counties and the city of Zagreb. Croatia covers ...

, Bosnia-Herzegovina and Macedonia by purchasing Hermes Plus. Not long afterwards, the branch in Slovenia was strengthened by the takeover of e-business company ICOS. S&T also set up a branch in Hungary
Hungary
Hungary , officially the Republic of Hungary , is a landlocked country in Central Europe. It is situated in the Carpathian Basin and is bordered by Slovakia to the north, Ukraine and Romania to the east, Serbia and Croatia to the south, Slovenia to the southwest and Austria to the west. The...

 that same year.

From 1999, S&T became involved with the sale of medical products and is now Philips
Philips
Koninklijke Philips Electronics N.V. , more commonly known as Philips, is a multinational Dutch electronics company....

’ exclusive distribution partner for medical products in Bulgaria, Croatia, the Czech Republic
Czech Republic
The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the northeast, Slovakia to the east, Austria to the south, and Germany to the west and northwest....

, Moldova, Romania
Romania
Romania is a country located at the crossroads of Central and Southeastern Europe, on the Lower Danube, within and outside the Carpathian arch, bordering on the Black Sea...

 and Slovakia. To break into this sector, the company purchased HP’s medical products business unit. Medical Systems Business, as it was called at the time, was taken over by Agilent Technologies when HP split into two companies in 1999. In 2002, Agilent sold the medical business unit to Philips. The two smallest business units in this sector (Chemical Analysis and Electronic Testing and Measuring Systems) were sold again one year later.

The company gained a branch in the Ukraine with the acquisition of Soft-Tronik in 2000, and acquired one in Poland
Poland
Poland , officially the Republic of Poland , is a country in Central Europe bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north...

 by purchasing Largo Systems. S&T founded S&T International in Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

 in the same year. In 2001, S&T bought Aster in Slovenia, INNET in Hungary, Neos Computer in the Czech Republic and Netway Computer Systems in Romania. In 2002, they expanded further into Latvia
Latvia
Latvia , officially the Republic of Latvia , is a country in the Baltic region of Northern Europe. It is bordered to the north by Estonia , to the south by Lithuania , to the east by the Russian Federation , to the southeast by Belarus and shares maritime borders to the west with Sweden...

 and Montenegro
Montenegro
Montenegro Montenegrin: Crna Gora Црна Гора , meaning "Black Mountain") is a country located in Southeastern Europe. It has a coast on the Adriatic Sea to the south-west and is bordered by Croatia to the west, Bosnia and Herzegovina to the northwest, Serbia to the northeast and Albania to the...

 and also into Turkey
Turkey
Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...

 with the takeover of Protek. Epsilon in Croatia and Atlantis in Slovenia were taken over in 2003, as were Fujitsu Services branches in six countries. S&T moved from the EASDAQ to the Vienna Stock Exchange in the same year.

The purchase of ITS Intertrade Sistemi d.o.o. in Slovenia took place in 2004, InfoNET Project d.o.o. in Croatia in 2005 and 2006 saw a total of four takeovers: S&T purchased the IT activities of T-System in Turkey, took over Unitis in Hungary, the Grall Group in the Czech Republic and BEELC in Poland. In the same year, S&T withdrew from the markets in Malta
Malta
Malta , officially known as the Republic of Malta , is a Southern European country consisting of an archipelago situated in the centre of the Mediterranean, south of Sicily, east of Tunisia and north of Libya, with Gibraltar to the west and Alexandria to the east.Malta covers just over in...

, Greece
Greece
Greece , officially the Hellenic Republic , and historically Hellas or the Republic of Greece in English, is a country in southeastern Europe....

 and Switzerland
Switzerland
Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....

. A few months later, Switzerland became part of the S&T group of enterprises once more, when S&T took over the SAP consulting company IMG The Information Management Group in spring 2007. The US subsidiary of IMG was sold again in September 2007.

S&T Group customers include large and medium-sized enterprises with at least 250 employees and IT positions in Central and Eastern Europe, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

, Austria
Austria
Austria , officially the Republic of Austria , is a landlocked country of roughly 8.4 million people in Central Europe. It is bordered by the Czech Republic and Germany to the north, Slovakia and Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the...

, Switzerland and Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...

. Their target markets are financial service providers, manufacturing, telecommunications, energy providers, trade, distribution, the aviation and defence industry and public administration.

S&T works with Oracle, Microsoft, HP, IBM, SAP, EMC, Cisco, Check Point and Infor.
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