A success story
Established in 1988, in Athens Greece, Printec’s initial business focused on providing computer peripherals. Realizing the potential of payment technologies, the company’s founders soon expanded the business scope and introduced electronic payments in the Greek market, making Printec one of the most innovative IT companies in the country. The company soon transcended state boundaries. The strategy to form partnerships with leading global IT vendors, in tandem with the commitment towards the enhancement of Printec’s in-house expertise, soon enabled Printec to extend its reach, exploit its core potential and enter the markets of South-East Europe.
Printec Bulgaria Ltd, founded in 1992, was the first subsidiary outside Greece, followed by Printec Cyprus Ltd in 1995. The beginning of the new century marked the group’s further expansion through the acquisition of NCR Corp. business units in Croatia, Romania, Slovakia and Slovenia. Moreover, through this agreement, Printec became the largest distributor of NCR products in Europe, with exclusive representation in Bosnia & Herzegovina, Moldova, Serbia & Montenegro, FYROM, Albania, Kosovo, Ukraine and Czech Republic, to reach a total of 17 domestic markets. In 2011, Printec’s strategy to achieve growth has led to the acquisition of CardPay Systems, a recognized leader in the field of card & payment technologies in Ukraine.
Focusing on the Future
Through a growing network of subsidiaries, Printec has a strong presence in Central and South-East Europe, while maintaining the flexibility of an entrepreneurial company. The company continues to focus on its growth, both organic and inorganic, and constantly scouts the business horizon for potential opportunities. With more than 900 highly qualified professionals, 100 Service Centers and fully-fledged subsidiaries in 17 countries, Printec is constantly geared towards the highest possible service level for its customers. Thanks to its innovative, state-of-the-art solutions Printec Group has become one of the fastest growing ICT organizations in the whole region. New and exciting opportunities lie ahead for the Group. Greater innovation, diversified solutions portfolio, and accelerated growth and expansion into new markets will lead the way and all the necessary ingredients are in place; proven products, financial backing and most importantly, dedicated staff with talent and commitment.