The new management’s strategic goal is to reposition the company and turn it into an Information Technology 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 is based on using different methods of building business strategy, development and project management in the field of artificial intelligent.
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 are currently in discussions with several potential partners.
- Gábor Kósa, Chairman of the Board
- Dr. Péter Nemessuri, Chairman of Supervisory Board
- Dr. Dávid Pajor, member of the Supervisory Board
- György Muity, member of the Supervisory Board
- Dr. András Kallivoda-Koltay , member of the Supervisory Board
- Dr. András Vadász, member of the Supervisory Board
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 on August of 2019, when he sold the main ownership.
After the acquisition, Mr. Lóránt Tókos was appointed to the Chairman of The Board. The new management repositioned the company and built it up as 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 acquired a 100% stake in ISRV Plc, a Hungarian IT company. Following the acquisition, Mr. Gábor Kósa will be President of Polaris IT Group from the beginning of 2021 and will remain at the leader of ISRV Plc.