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The International Group SYNTECA Enters the Czech and Austrian Markets: Sees Opportunity in Market Consolidation in Central Europe
Prague, July 4, 2024
The SYNTECA group officially announces its entry into the Czech and Austrian markets, thereby strengthening the position of its subsidiaries. Many of these companies have long been leading players in the field of information technology in the Central European region. SYNTECA, a group of companies with over 30 years of market experience and newly established emerging companies, was created to connect human potential with meaningful technologies. It sees an opportunity in the ongoing market consolidation, offering a wide portfolio of services and solutions tailored to the needs of today’s dynamic markets.
The IT markets are constantly evolving, with competition and technological advancement being crucial factors influencing this sector. SYNTECA was born out of the need to adapt to changes in an environment of strong international and startup competition, rapidly changing technological trends, and increased customer demands. Currently, the SYNTECA group oversees a portfolio of companies focused on the Slovak market, known for their strong business activities. These companies include ALANATA, DATALAN and their subsidiaries DIGNIT and DQI, as well as SOFTIP, Parallaxis, and Ensogate. SYNTECA is built on three key pillars – customers, people, and technology.
The group has strategic ambitions focused on expanding its portfolio into other markets and segments through acquisitions. An example is the ongoing integration of companies SYMPULSE, T-SOFT, and TAXLABS operating in the Czech market into the SYNTECA group, as well as the company DATASENSE operating in the Austrian market, giving the entire group an international character. The Czech Republic is becoming a key market with the greatest potential for growth and investment for the SYNTECA group.
„SYNTECA is the result of many years of experience and dedication from our founders. Our vision is to connect talent with invisible technology dots to gain the momentum and to offer the best possible solutions for our clients,“ said Branislav Šebo, President and Chairman of the Board of SYNTECA. „We are convinced that our presence in the market will bring new opportunities, progressive solutions, and improvements in the field of IT. SYNTECA is ready to build on its strong foundations and strengthen its position in the Central European IT sector,“ he added.
„The Czech Republic is a strategic market for us. We already have a mix of companies here with over 30 years of experience and a young, dynamic player bringing new technologies and competencies. We are well-positioned for both organic and acquisitional growth,“ said Tomáš Žilavý, Vice-President for Strategy on the Czech Market of the SYNTECA group and also CEO of SYMPULSE.
About SYNTECA:
SYNTECA is a leading provider of information technology based in Bratislava, Slovakia, and Prague, Czech Republic. The SYNTECA group includes a portfolio of companies with over 30 years of market experience, including young emerging companies, offering a wide range of IT solutions and services for clients in the Central European market. SYNTECA is committed to providing quality and innovative solutions and aims to build its position on strong and long-term relationships with its customers and partners.
