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S&T System Integration & Technology Distribution AG Geiselbergstrasse 17-19 1110 Wien, Austria http://www.snt-world.com
Contact Ms Petra Götz-Frisch +43 1 36780881024
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S&T System Integration & Technology Distribution AG

S&T CZ: More Transparency for EU Funding

Large scale monitoring project of EU funds is managed by S&T

(PresseBox) (Vienna, )
The Czech Ministry of Regional Development has again commissioned S&T CZ to optimize and maintain its system for the controlling of EU funds. The several million euro contract involves S&T being responsible for a further upgrade of the Structural Funds Monitoring System during the next four years.

The Ministry of Regional Development is in charge of the mandatory monitoring of all EU funds. The Structural Funds Monitoring System has already been realized in a previous project by S&T. It enables the resources allocated by the EU to be precisely monitored with regard to allocation, approvals and payment flows. In order to acquire the best future support for this task S&T was again chosen as IT partner. However, due to the frequent legislative changes, the system will never be finished as such – it is a project requiring ongoing modifications. Reliable and permanent support is therefore essential for the success of the application.

“The Monitoring system plays a crucial role in the allocation and monitoring of EU funds for all Czech public institutions and beneficiaries,“ comments Martin Plachý, First Deputy Minister and State Secretary of the Ministry of Regional Development.

From standardization to customization
The core of the implemented monitoring solution is predefined and certified by the European Union. S&T was able to very quickly adapt it to specific customer needs and local requirements, which included integrating the system into local financial and monitoring frameworks in closely related fields. The ministry is now endowed with a solution that is fine tuned on a continuous basis and thereby utilizes resources more efficiently.

The system has excellent stability on a very high level of quality that matches similar programs run by other EU member states. In addition, by retaining the existing system the solution also enables the ministry to save significant costs.

“S&T creates strong long lasting partnerships with clients. Our Czech team has again proven this quality. Our skills and experience in monitoring solutions and with EU projects enable us to offer the best local services in this field“, comments Christian Rosner, CEO of the S&T Group.

S&T System Integration & Technology Distribution AG

With about 2,800 employees and sales of €513.4m in 2008, S&T is the leading provider of IT consulting, IT solutions, and IT services for customers in Central and Eastern Europe and in Germany, Austria and Switzerland, and also has branches in Japan and China. The S&T Group comprises around 70 subsidiaries successfully representing the company in 21 countries. The core business of S&T is IT consulting, as well as the development, implementation and operation of custom IT solutions, processes and systems. S&T supports large and medium sized companies along the entire IT value-adding chain. S&T focuses on customers in the manufacturing and retail industries, telecommunications, the public sector, and also financial service providers, utilities and energy suppliers. S&T AG has its corporate headquarters in Vienna and has been listed on the Vienna Stock Exchange since 2003.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.