Slovnaft

Euro conversion

S&T successfully converted to the EURO, the new Slovak national currency, in the SAP systems of the SLOVNAFT Group. Slovnaft is the Slovak subsidiary of MOL NyRt. (the biggest Hungarian oil company).

The challenge

The Slovnaft Group has entrusted the international team of S&T to carry out the EURO conversion in three different SAP systems at three Slovnaft Group companies. S&T Group successfully accomplished the task: the customer expectations and law driven requirements were fully met, and the project was executed by the planned timing.

The project

From MOL Group’s side the countries involved were: Slovakia and Hungary, while from the S&T Group: S&T Unitis Hungary (with seven years of experience in several SAP projects at the MOL Group), S&T Varias (the Slovakian subsidiary of S&T) and S&T Slovenia which had gained many experience in SAP Euro conversion projects in the past, formed the fruitful co-operation.
The project was also a great example for good co-operation between countries.

The task’s key success factor was that the complex and business-critical SAP systems of three Slovnaft Group companies had to be converted to another currency and it was also necessary to ensure that the data in the system components after the conversion remained consistent.

Benefit to the customer

  • law driven requirements were fully met
  • converted to another currency
  • data after the conversion remained consistent
  • dual display of prices appearing on official documents
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Success Story