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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.