Performance Technologies announced its participation in the share capital of the newly founded company Gain Consulting with a 28% stake.

According to the relevant announcement, Performance Technologies acquired 8,400 shares out of the total of 30,000 common shares, each with a nominal value of €1.00, of Gain Consulting S.A. The President and CEO of Performance Technologies, Dionysios Hintidis, and the Executive Vice President, Andreas Tsagaris, also participate in the share capital, with a 3% stake each.

The business idea that led to the creation of Gain Consulting emerged from the ever-increasing need of organizations for specialized consulting services in the areas of Enterprise & IT Service Management (ESM & ITSM), Business Process Management (BPM), and Customer Service Management (CSM) & Customer Experience (CX), subject areas that are critical pillars in the successful implementation of digital transformation projects in large organizations.

Performance Technologies' President and CEO, Dionysios Hintzidis, said, "We are particularly pleased to announce our participation in the newly formed GAIN Consulting S.A., which is staffed by people whom we value for their character and professionalism and with whom we share common values and vision. This partnership will address a significant need of our clients for business process transformation, as well as operational and organizational model transformation, which in turn will provide organizations with the expected benefits from the implementation of the respective technologies, such as increased efficiency, cost optimization, more effective communication, increased agility and continuous improvement.

With our joint effort, covering the full range of service and technology needs, we will be able to claim and implement major projects in the public sector as well as in large private sector organizations. This partnership comes as a continuation of a series of strategic actions by Performance Technologies to expand our business and create new value for the company and our shareholders."

Gain Consulting CEO and shareholder Elias Zotos said, "It is with great enthusiasm that I am involved in the establishment of GAIN Consulting S.A., a new consulting company in the IT sector that will assist businesses in their efforts to navigate the ever-evolving world of technology.

With a passion for innovation and a deep understanding of the challenges facing organizations today, Gain Consulting is here to provide expert services in IT strategy and digital transformation. Our goal is to empower businesses with the right technology solutions to improve efficiency and accelerate growth.

At Gain Consulting, we are a team of skilled professionals who share a passion for technology and are ready to tackle today's challenges by providing meaningful solutions to our clients. This is just the beginning of an exciting journey, and we look forward to working with businesses that are ready to embrace technology and seize new opportunities. Our vision is to build a smarter and safer digital future together!"