About Company


The strategic goal of the new management of Polaris IT Group SA, which has been performing its functions in the company since the beginning of 2021, is to reposition the company and transform it into an IT company. For the purpose of this reposition, the management has set up a new business line, focusing on technological advisory and consulting activity, using the management’s professional experience and business network.

The activity of Polaris IT Group SA and the Polaris IT Group SA Capital Group is based on the use of various methods of building a business strategy, development and project management in the field of artificial intelligence.

Our long-term goal is to provide our customers with competitive and innovative solutions based on artificial intelligence, complex hardware and software developments.

In order to continuously develop our capacity and capabilities, we are continuously expanding our pool of experts, colleagues and subcontractors with the necessary competences and we are also in discussions with other potential partners.


Management Board

Supervisory Board

  • Dr. Péter Nemessuri, Chairman of Supervisory Board
  • Dr. Dávid Pajor, member of the Supervisory Board
  • Dr. Dávid Péter, member of the Supervisory Board
  • Dr. András Kallivoda-Koltay , member of the Supervisory Board
  • Dr. András Vadász, member of the Supervisory Board

Company History

The company was founded in 1999 under the name of Art New media S.A. and it operated on the art market. In 2008, the company made its debut in the Alternative Trading System on the NewConnect market, becoming a listed company.

At the end of 2016, Mr. Bilal A. Noor became the main shareholder and CEO. He restructured the company and changed its business profile to providing consultancy services. At the end of 2017, the company decided to change its name to Ark Royal SA. Mr. Bilal A. Noor resigned from the position of CEO in August 2019, when he also ceased to be the main shareholder.

Mr. Lóránt Tókos was appointed to the Chairman of The Board and the business profile of the company was repositioned towards an IT service provider and information technology consultancy company. The main business lines are artificial intelligence, hardware and software developments. From 2020 the company’s new name is Polaris IT Group SA.

In the summer of 2020, Polaris IT Group SA acquired a 100% stake in ISRV Plc, a Hungarian IT company. Following the acquisition, Mr. Gábor Kósa became its main shareholder and who from the beginning of 2021 is also the President of the Management Board of Polaris IT Group SA and remains the leader of ISRV Plc.

Learn more about ISRV Plc