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• 2007

S&T cooperates with Polish Banknote Printer

The Polish security printing works PSPW S.A., Polish producer of banknotes, stamps, shares and bonds and other secure documents and the biggest government-owned printing company, has outsourced all its IT services to S&T. This is the first case in Poland when a group of experts from a 100% government-owned company is transferred on friendly terms to a private IT firm and is still performing the same services for its former employer. 'Our Polish subsidiary has pulled off a model collaboration which brings huge benefits for all the parties involved. The security printing works will enjoy the usual excellent standard of service without having to be responsible for the administrative effort. S&T on the other side can apply the extensive expertise of these new employees to other customers and thereby expand its SAP business,' explains Christian Rosner, CEO of S&T AG.

Experience and excellent performance

S&T Services Polska has been chosen by PWPW in a competitive bid as its partner who could reshape IT operations within the PWPW capital group. PWPW has decided that S&T Services Polska would make the best fit with PWPW in the area of IT due to the company’s excellent track record in supporting PWPW teams, its experience in the Polish public and government sector and its thorough understanding of the sector’s specific needs. Patrick Flanagan, Managing Director of S&T Services Polska, said that closing a sophisticated outsourcing deal with the biggest government-owned print shop of secure documents and adding a strong team to S&T resources is part of long-term strategy of S&T that calls for doubling the company’s business till 2010: 'With such significant organic growth that we have been enjoying recently, the Polish branch of S&T would accomplish this objective even prior to the set date. Moreover, our deal with PWPW is just another proof that S&T is a credible and reliable IT partner for the most demanding clients in the public sector whose needs include adherence to strict clearance procedures and security measures, as is the case with printing money or identity cards'.

Contracts remain valid

As of September 2007 the whole PWPW IT team, counting 17 top SAP specialists, had been transferred to S&T Services Polska. This solution was engineered by PWPW, its subsidiary PWPW IT and S&T in a three-party outsourcing and cooperation deal.

The new S&T team (formerly of PWPW IT) continues to provide support to the PWPW Capital Group in the areas of IT and telecommunications, including SAP system maintenance and development, CRM system implementation and roll-out, a helpdesk operation and an IT service request function. All previously signed contracts still valid between PWPW and its subsidiary PSPW IT have been passed on to S&T and outsourced to S&T's newly established department, which is made up of the former staff of PWPW IT.

According to Bogdan Żurek, Public Sector Director at S&T Services Polska, the deal with PWPW is a logical consequence of the gradual growth of the S&T business with PWPW: 'Having worked with PWPW for years, we’ve become close business allies and understood that combining our capabilities would bring a synergy effect. We have always respected the professionalism and commitment of the PWPW IT consultants, mainly when it came to SAP implementation and maintenance – I hope with some reciprocity. Thus, their transfer to our company seems only natural and makes a lot of sense. This operation has improved the quality of services provided to PWPW by S&T people and strengthened our skills in handling other clients and approaching new ones, especially in the public and government sector'.

About PWPW S.A.

PWPW S.A. produces various security papers, including ID cards, driving licenses and passports, for government institutions. The PWPW S.A. is the only Polish producer of banknotes. Experience obtained in cooperation with the government sector is used in completing orders for financial institutions, large companies and corporations, as well as small enterprises. The PWPW S.A. has extensive technical capabilities and owns in-house laboratories and a design office. It offers solutions that enable developing a suitable production technology and security features appropriate to each product.

PWPW TI Ltd. (PWPW TI – Technologie Informatyczne Sp. z o.o.) is a part of the PWPW capital group. The company was originally established to give support to PWPW S.A. and its capital group in the field of modern technologies and telecommunication systems.

About S&T

–www.snt-world.com–XETRA Vienna
With about 3,000 employees and 461.3 million Euros revenue in 2006, S&T is the leading provider of IT consulting, IT solutions, and IT services for customers in Central and Eastern Europe and in the Germany-Austria-Switzerland region as well as in Asia. The consortium has together with the in spring 2007 acquired IMG a successful presence of over 80 subsidiaries in 22 countries. The core business of S&T is IT consulting, development and implementation, as well as the creation of custom IT solutions, processes and systems. S&T supports large and mid-sized companies along the entire IT value-added chain. In particular, S&T addresses the needs of the manufacturing and trade industries, telecommunications, the public sector, as well as financial service, energy service providers, car trade companies and aerospace & defense industry. S&T corporate headquarters is in Vienna and has been listed on the Vienna Stock Exchange since 2003.