Our history - Approaching 30 years of successful growth

Our history - Approaching 30 years of successful growth

1991 P92 IT Solutions was founded by Jozsef Molnar and it's main activities then were software development, computer services, data processing and IT education.

1992 The company took the name of Prompt92 which was later shorted to P92

1993 The German publishing and music giant Bertelsmann media was looking for a strategic partner to provide a range of IT services to its Hungarian subsidiaries.

1995 P92 and Bertelsmann reorganised the business into a 50/50 joint venture and it became a consolidated subsidiary of Bertelsmann Group. There was then a long period of successful partnership with Bertelsmann and some of the resultant projects are still working today.

1999 P92 takes a new direction and begins to focus on web technologies as its main field of work with partnerships with Vignette and Oracle/BEA and our developers become fully accredited.

2000 P92 has more than 30 full-time developers and over closely coupled 120 contractors. In May, we move to a new office building and boast projects running in 11 countries around the world (mainly Western Europe, the United States, and also Hong Kong)

2001 BDR Consulting (later acquired by the WPP agency Grass Roots Group PLC) becomes our client. Our work with them grows continuously over the years, starting with a small 2 person project that increases eventually peaked at 40 after their acquisition. At the time we also start to develop a Java based framework system name SOFIA.

2002 We are recognized by Deloitte&Touche as one of the 50 fastest developing technology companies from the Central and Eastern European Region. In the same year, our name changes to Arvato Systems Hungary Ltd and we became aligned with the Arvato IT Services group within Bertelsmann. We also create an eLearning framework system: LeOn, and this started our continuous engagement in eLearning systems.

2003 We introduce the ISO 9001:2000 quality management system which to this day remains a cornerstone of quality throughout our business.

2005 We outgrow our office yet again with the number of employees 50 people and rent a further office building.

2006 We become part of the the Arvato Systems outsourcing strategy and sign contracts with Bertelsmann Group companies in neighbouring countries and hire their experts are part of a remote virtual team.

2007 Was one of our most successful business years: our incomes exceed €2.85 million. Our company is represented by more than 65 highly qualified employees, both in domestic and international developments. The business founders bought back 100% control of the company from the Bertelsmann Group.

2008 We continue our activities as P92 IT Solutions Ltd. Our biggest clients remain Bertelsmann and Grass Roots BDR company groups with whom we retained long-term outsourcing contracts.

2011 The company moves to a brand new purpose built office campus in a prosperous suburb of Budapest and after a year of development and refurbishment a company training and conference centre was opened at the Pronay Castle, a stately home just outside Budapest complete with conference facilities, training rooms, residential accommodation and Spa Pavilion.

2012 We proudly announce the foundation of P92 Incorporated. Our US company offers its services based on the knowledge and experiences of the mother company gained in many software development project.

2013 The development of a large auditorium and 40 new bedrooms at our training and conference centre commences

2014 The company establishes P92 UK based in  London in partnership with Maroon Elephant a London based agency whose CEO Andrew Wilmot becomes a non-executive director. Gusztav Turshl is appointed UK Country Manager.

2015 Gusztav Turschl becomes Group Managing Director of P92 IT Solutions.

2016 UK operations merge with Maroon Elephant and Andrew Wilmot becomes CEO based in Sheraton Street Soho Uk subsidiary formed P92 Group UK ltd.

2017 Company celebrates its 25 Year Anniversary with a major customer conference at pronay Castle in December where Hungarian X Factor judge Gabbi Toth performs.

2018 A new Office opens in Buckinghamshire UK and a new representative office opens in Palo Alto, CA, USA.

2019 P92 Programme Director Peter Szilagyi appointed to IMA Europe Board of Directors as the Eastern Europe representative.

2020 P92 asked to facilitate & chaired by our UK Chairman Andrew Wilmot,  for IMA Europe a Spring, Summer & Annual Awards webinars to continue engagement with members through the COVID period.