The SYNOT group is an international group of companies operating in 21 countries worldwide and employing approximately 3 000 people. In terms of their business activities, individual companies operate in several sectors, particularly the lottery industry, IT sector, online solutions and support of startup projects, real estate management and reconstruction, tourism-related investments, and – last but not least – sale of premium segment vehicles (BMW).
Furthermore, the SYNOT group has been a long-time supporter of sports and the nonprofit sector within individual countries of its operation. For example, it is the title partner (sponsor) of the top football league in the Czech Republic, called SYNOT LIGA. Through the “Nadace SYNOT” foundation, it has supported thousands of publicly beneficial projects, contributing hundreds of millions of Czech crowns overall. This concerns projects and organizations in the area of healthcare, social sector, culture, sports, and education. Moreover, it promotes leisure activities; for example, it has developed a modern ski resort, bike-park, etc. At the same time, the SYNOT group has very sensitively renovated several historic buildings and hotels owned by the group, both in the Czech Republic and in other countries, like Slovakia.
Several of these properties have even received various awards – for example, the secession Elizabeth hotel in Slovakia has recently been named the “BEST CUSTOMER CARE HOTEL BY HISTORIC HOTEL OF EUROPE FOR 2015 and BEST CITY HISTORIC HOTEL IN EUROPE FOR 2016”. Many other significant investments are in progress or planned. The top management of the group which is in charge of strategic management and cross-functional business management is based in Cyprus.
Highly qualified directors, with long-term international business experience, actively manage the entire group through the company WCV WORLD CAPITAL VENTURES CYPRUS LIMITED. They monitor and indicate international investment opportunities, coordinate investments of individual companies in different countries of the world, and provide such companies with strategic, economic, and financial consulting. WCV WORLD CAPITAL VENTURES CYPRUS LIMITED also prepares methodology and strategic plans for the development of its subsidiaries and provides consultation with regard to the promotion of new opportunities, launch of new products or entry to new markets.
The dominant sector for the SYNOT group companies in many global destinations is the lottery industry and supply of state-of-the-art IT technology, software solutions, and gaming devices. In this sector, individual companies have at their disposal top international know-how, not only in the area of technology and business, but also in the area of legislation, finance, and marketing. At the same time, they cooperate with leading global suppliers.
Individual companies of the SYNOT group operate in the Czech Republic, Slovakia, Spain, Poland, Latvia, the Balkan countries and in many other countries of Europe and Africa, with expansion planned to other countries and continents in the near future.
SYNOT group celebrates 25 years!
21. 06. 2016
The SYNOT Group already exists a quarter of century on world´s markets. The first corporation was founded in 1991 and began its business with only three employees at that time. These days, SYNOT employs thousands of employees and due to this plays a role of very significant employer.
„It was not very easy at the beginning. We took a credit of several thousands Czech Crowns and we were worried about not being able to pay this off. We were such a small family company with big ambitions. Our aim was to be the best,“ remembers Ivo Valenta, the Chairman of the board of directors WCV WORLD CAPITAL VENTURES CYPRUS LIMITED.
Nowadays, the SYNOT Group is an international, respected structure of companies of which the top business management is based in Cyprus. Synot operates in twenty countries, where also pays the appropriate taxes and its annual turnover is 600 million EUR. Except for the main areas of business – lottery industry it also focuses on IT technologies, supporting start-up projects, young start-ups, media ownerships and ultimately sales of luxury BMW cars. In each country where SYNOT operates also focuses on promotion of sports and on voluntary sector.
„From the very beginning we followed the motto „to help is natural“ – therefore shortly after starting the business we began to invest considerable funds to help the non-profit sector, especially sport, culture, health service and education. Mainly through the Foundation SYNOT we divided tens of millions EUR and thus supported thousands of community projects,“ says, Ivo Valenta.
„The key investments for us are also in the filed of tourism and free time activities. I personally consider as very important that people do not look for beauty only abroad but also where they feel at home. Therefore we would like to have as colourful offer as possible, “ adds Mr Valenta.
For instance SYNOT Group established modern Ski Arena, Bike Park, project of water world is being prepared and more is to come. At the same time very sensitively reconstructed few historical objects and hotels which SYNOT Group owns in Czech republic and Slovakia. Lots of this objects even received awards – for instance secession slovakian hotel Elizabeth was awarded as best european historical hotel. There is more of these exceptional investments to come in a foreseeable future.
„ The anniversary of 25 years is considered as a huge milestone according to Mr Valenta. We entered the world´s competition with products which we continuously improve and inovate. Apparently thanks to this we gained bigger number of business partners from all over the world with witch I am personally satisfied. Although I am fully aware of the fact that we would not received as much success and awards in many countries without the ambition and high work ethic of emploees from individual divisons, “ concludes Mr Valenta and adds that ambitions of Synot Group do not end here and expansion to another countries and world´s destinations for instance South America is already in the plan.
On the occasion of 25th anniversary Synot Group organized an Open Day in Slovakia with colourful cultural program. Hundreds of bussines partners from Europe, Asia, Australia, and Africa took part.
SYNOT Group introduced itself in Serbia
27. 05. 2016
SYNOT Group has taken part in another prestigious international exhibition. For this time the products were presented at the 9th Annual Belgrade Future Gaming Exhibition, which was held in Belgrade, Serbia between 24th and 25th of May, 2016.
SYNOT Group has introduced the complete product portfolio at the exhibition. The participants had an opportunity to get acquainted not only with the premium product SYNOT VLT SYSTEM but also with the wide range of AWPs,which SYNOT started distributed at this market a short time ago The main part of the presentation also included the introduction of sports betting terminal TNT4, which is determined for sportsbetting and also for modern online platforms. These platforms offer an attractive form of entertainment for mobile devices.
We take advantage of experiences from Balkan countries in which our group actively works for several years. Our main focus is providing the state-of-the-art products, which are significantly attractive for our business partners,“ stated Roland Andrýsek, Sales Director of SYNOT Group. He also added: „Serbia belongs among the rapidly developing markets with huge business potential. Our products are accessible by way of MaxBet company which belongs among the biggest operators of sports agencies in Serbia.
The exhibition confirmed that the SYNOT Group ranks among the advanced leading suppliers of gaming devices and also belongs between the strategic partners for gaming market not merely in Serbia but also in other Balkan countries.
SYNOT Group is already about to planning to participate in other exhibition Entertainment Arena Expo in Bucharest, Romania – the company will present its products in Romania in September 2016.
SYNOT Group as a General Partner of Latvian Football Higher League
10. 03. 2016
Latvian football Higher League has a new partner. SYNOT Group has lent the name of SYNOT TIP to the Latvian league. The news was announced just today at a press conference, which was held in Riga, Latvia.
"For the main league sponsorship have competed several companies. However, none of them, could not compete with the offer from the SYNOT Group. We are honored to have such a well-known and experienced partner. SYNOT Group has already done a great job in the sponsorship of different leagues and sports teams all around Europe. I do believe that mentioned experience and our shared vision will result in the growth of the league and that three very successful years are certainly ahead of us," said Emils Latkovskis, CEO of Latvian football Higher League.
"I am sincerely glad that the name of SYNOT Group will be associated with Latvian football Higher League. I am truly convinced that the cooperation will be very effective and will bring the local football a lot of positives. Our primary aim is to make individual matches attended by more and more satisfied and enthusiastic fans. With the support of sport at all levels - from the smallest clubs across the league teams to the highest league, has SYNOT Group years of experience from several countries in which it operates. These include the Czech Republic, Slovakia or Monaco. At the same time, we are dealing with possible cooperation in other countries," said the chairman of the board of the WCV Cyprus Limited, Ivo Valenta.
This year Latvian League continues already 25th season and the official launch is scheduled for Friday, 11th of March, 2016.
SYNOT Group operates in Latvia for more than 20 years, through the company Sia Joker Ltd. Moreover, two years ago, SYNOT Group also started to operate a sports betting and online lotteries, for which obtained a license. SYNOT Group as an international company employs around 3000 employees and operates on nearly all continents, i.e. approximately in twenty countries worldwide. To sum up, SYNOT Group operates in Europe, Africa, America, and Australia and from now also in Asia. In addition to the lottery industry, and the leading-edge in IT technologies, software solutions and gaming devices, SYNOT Group also focuses on investments in tourism and sport, support of start-up projects, media activities and other business sectors. Its annual turnover is approximately 16 billion Czech crowns (599 million euro).
SYNOT Group as a participant of a prestigious European exhibition ICE TOTALLY GAMING 2016
10. 02. 2016
For the nine time in a row, SYNOT Group has participated in the prestigious European exhibition ICE Totally Gaming, which was held at ExCel Centre in London. As for this year, there was a chance to see the latest trends in the area of lottery industry, advanced gaming devices and innovations in the field of online products.
SYNOT Group has come up with a number of new products including both the area of "land based", which is represented by premium product SYNOT VLT SYSTEM and news in the field of online lotteries, which currently ranks among the most progressive and fastest growing area.
"In view of the fact that the mentioned exhibition is the most important event of its kind in Europe, we consider our participation as a key. This year we have introduced a completely new Slant Top cabinets and Upright for a premium product SYNOT VLT SYSTEM which has been successful in several countries in Europe and Asia. At the same time we have introduced a completely new game system Trinity VLT, designed for exclusive 3-screen Trinity and Black&White cabinets. There were also an individual software mutations that are delivered to the particular markets, and last but not least the complete product line of video AWP Explosive Games, designed especially for Romanian and Latvian market," stated Miroslav Valenta, Sales Director of SYNOT Group.
Even this year the exhibition confirmed the trend of recent years. An individual areas of lotteries are rapidly moving into the online environment and are easily accessible, for example via mobile phones and tablets. This is also the direction of SYNOT Group that applies an online technology in a broad spectrum of its activities – lotteries, fixed odds betting and casino games.
SYNOT Group regularly participates in all kind of prestigious lottery exhibitions. “Participation in that sort of events is really crucial for us. We are trying to build better relationships with our customers, business partners and simultaneously to seek business expansion opportunities into other countries. Participation in international exhibitions also reinforces the brand awareness of SYNOT Group, which deals with lottery industry more than 25 years, stated Miroslav Valenta.
In the upcoming months is SYNOT Group about to introduce its products in Dublin, Ireland and Belgrade, Serbia.
SYNOT supports sports in further countries!
28. 12. 2015
SYNOT Group has expanded its sponsorship activities in the area of sports this year. Through SYNOT International Limited company the Group became the main partner of basketball club AS Monaco Basket-Ball.
“So far, we have been the only club in Group A without a sponsor. Therefore, I am really glad we have established close cooperation with the SYNOT Group, resulting in one of the most significant sponsorship agreements in French basketball. I hope that our cooperation contributes to higher popularity of the sport and particularly to promotion of healthy lifestyle,” said Sergey Dyadechko, President of the Club.
„I highly value the partnership with AS Monaco Basket-Ball Roca Team. At the same time I believe that the cooperation will be truly productive, and will help the club to attract even more satisfied fans”, said Mr. Ivo Valenta, chairman of the board of directors of SYNOT International Limited, and added: „We have been supporting sports on all levels for a long period, especially in those countries where our Group operates. Besides Monaco we also support sports in the Czech Republic, Slovakia and Latvia. Cooperation in other countries is subject of further negotiations.
SYNOT Group is an international company employing around 3000 employees and operates in nearly all continents, i.e. approximately in twenty countries worldwide. To sum up, SYNOT Group operates in Europe, Africa, America, and Australia and from now also in Asia. In addition to the lottery industry, and the leading-edge in IT technologies, software solutions and gaming devices, SYNOT Group also focuses on investments in tourism and sport, support of start-up projects, media activities and other business sectors. Its annual turnover is approximately EUR 600 million.
SYNOT GROUP HAS EXPANDED INTO ASIA!
In the Vietnamese province of Nghe An, a new casino was officially opened today. This luxury casino is exclusively equipped with gaming technology of SYNOT Group. To be more accurate, we are talking about the Video Lottery Terminals (SYNOT VLT SYSTEM) and roulettes. This is the first project of SYNOT Group in this area.
In relation to the above, SYNOT Group is about to establish cooperation with other hotel casinos in a foreseeable future.
“We had a long-term interest about the Vietnamese market. I am sincerely glad that we, despite the distances and differences between European and Asian cultures, have achieved the strategic partnership. In Asia, however, we do not intend to focus only on the gaming business. We also plan to invest in areas such as tourism, which has been involved in a number of countries where we currently operate,” said Miroslav Valenta jr., Sales director of SYNOT Group.
Expansion into Vietnam is the result of several years of effort to enter the Asian market. SYNOT Group plans to expand into other countries, mainly into countries of East Asian region.
About SYNOT Group:
SYNOT Group as an international company employs around 3000 employees and operates on nearly all continents, i.e. approximately in twenty countries worldwide. To sum up, SYNOT Group operates in Europe, Africa, America, and Australia and from now also in Asia. In addition to the lottery industry, and the leading-edge in IT technologies, software solutions and gaming devices, SYNOT Group also focuses on investments in tourism and sport, support of start-up projects, media activities and other business sectors. Its annual turnover is approximately 12 billion Czech crowns.
SYNOT GROUP TOOK PART IN PRESTIGIOUS EXHIBITION IN ROMANIA
SYNOT Group has become one of the participants of the prestigious lottery exhibition called Entertainment Arena Expo, held from 2nd to 4th September 2015 at Romexpo Exhibition Center in Bucharest. SYNOT Group has introduced its latest news as well as complete game portfolio.
SYNOT Group mainly focused on gaming device Explosive Games I - IV., a full range of SYNOT VLT terminals including new product line TRINITY Black & White and wide range of games. At exhibition, however, there was also worth seeing a fixed odds betting terminal called TNT 4.
"A decision to participate in the Romanian exhibition, of course, has not come out of the blue. Not only we take part in similar prestigious events regularly, but also there is a possibility of opening up the lottery market for video-lottery terminals in Romania. SYNOT Group as a leader at this market segment is waiting for the legislative determination, that will clearly define the conditions for operating," said Roland Andrýsek, Sales Director of SYNOT Group.
It is worth mentioning that SYNOT Group has shared the booth with a young development company EASIT that offers advanced online solutions.
Entertainment Arena Expo met with a great interest by the exhibitors all around the world, as many of them feel a great potential for the possible business cooperation. SYNOT Group has established new business contacts and opened the door to the new contracts concluding.
"In Romania, We have got a lot of experience under our belt; we operate around 900 machines and we are achieving good results there. SYNOT Group operates in many countries all around the world, so we are able to adapt to different legislation and conditions, " concludes Roland Andrýsek.
SYNOT AS A STRATEGIC PARTNER OF AUSTRALIAN COMPANY ATLAS GAMING!
"With representatives of ATLAS GAMING, one of the manufacturers of gaming devices and casino games, we met at the beginning of the year, at an international exhibition in London. We found out that this is a company consisting of world experts with years of experience. This young company has completed a development of the first gaming platforms, however, the company suffered from a lack of investors. And given that our company extends its presence to many destinations all around the world and cooperates with global suppliers, we have decided to support this promising company, "said Miroslav Valenta jr., Sales Director of SYNOT Group.
SYNOT International Limited enters into Atlas Gaming as a strategic investor, together with Grand Parade Investments Limited (GPI), the company that is devoted to gaming and entertainment industry in South Africa. Our common goal is an international expansion of ATLAS GAMING and distribution of its products to other countries.
"We do not perceive this collaboration only as an investment. This common project corresponds with our long-term strategy, which is about finding new markets. Finally, such cooperation will have a positive impact on a whole SYNOT Group company - especially in terms of increasing production and hence employment, " added Miroslav Valenta.
Currently SYNOT Group operates in many countries all around the world, in Europe, Asia or Africa, and employs approximately 3,000 employees.
SYNOT GROUP ENTERS ASIAN GAMING MARKET
SYNOT Group has received the accreditation as a producer and supplier of electronic gambling devices by Gaming Inspection and Coordination Bureau in Macau. Synot Group has become one of the few European companies that received the mentioned accreditation.
„It is a great opportunity for us and we consider the accreditation as a necessary step for entering into Asian markets. First of all we would like to focus on East Asia. At the present time, we are developing the project in Vietnam, which is considered as a very progressive market with the great potential, stated Miroslav Valenta, Sales Director for Czech and Slovak markets. Expansion into Asia is a part of our long-term strategy of international spreading.
SYNOT Group currently operates in 13 countries all around the world and is about to enter other markets. In addition, the demand for its product increases, even on non-European continents.
WCV WORLD CAPITAL VENTURES CYPRUS LIMITED
Arch. Makariou III, 2, ATLANTIS BUILDING, 3rd floor, Office 301, Mesa Geitonia, 4000 Limassol, Cyprus.
Vicki Koufari – office administrator
Tel: +35 725 755 206
Fax: +35 725 755 710