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The QnR Group acquired 76.19% of Alexander Moore, a leading SAP Partner with many years of experience in SAP Business One solutions, making a strategic move to strengthen its position in the SAP ERP market. Alexander Moore has extensive expertise in implementing integrated SAP solutions across sectors such as shipping, tourism, insurance, and commerce, with projects in Europe, the Middle East, Africa, and the Americas.
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A highlight for the Group was the inauguration of our new offices on November 20th, at our new location on the Athens–Lamia National Road in Metamorfosi, a modern and contemporary 2,000 sq.m. workspace that will host the Group’s companies with a total of 180 employees.
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The new offices mark the organizational integration of all six companies of the Group: QNR, Systecom, SquareDev, Alexander Moore, QnR FINANCIAL SERVICES and QnR Cyprus, effectively creating a Group with a holistic approach to delivering services and innovative products in the field of information technology.
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For the third consecutive year, QnR has been recognized as a Great Place to Work®, reaffirming its commitment to cultivating a work environment and corporate culture that foster collaboration, growth, and trust. This year’s recognition is accompanied by exceptionally high results and positive feedback from the company’s people, as well as continuous improvement — something that fills us with pride and gratitude
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SysteCom was awarded at the BITE Awards 2025, receiving significant recognition for the innovative solutions and high-quality services it delivers in the fields of technology and cybersecurity. This distinction reaffirms our strategic commitment to technological advancement, operational excellence, and the value we provide every day to our partners and clients.
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In October (13–17/10), the QNR Group participated in GITEX GLOBAL 2025 in Dubai, where it also presented the new Hologram Avatar developed by SQUAREDEV, the Group’s AI expert company—an advanced solution that transforms real individuals into AI Holographic Avatars. This technology enables the integration of 3D AI Avatars that interact with users and respond in real time to any question posed in natural language, showcasing the Group’s technological superiority and strong orientation toward innovation.
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GITEX GLOBAL is the world’s largest technology exhibition for AI and startups. The QnR Group participated as part of its strategic plan to strengthen its presence in the markets of the Middle East and Southeastern Europe.
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SysteCom participated
in the 3rd Cyber Security
Summit,
reaffirming its commitment to strengthening the cyber-resilience of organizations against modern digital threats.
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SysteCom provides the e-book
“The CTI Questions Every CISO Should Be Asking”,
a valuable guide for enhancing threat intelligence understanding and cyber risk management, available for free from BitSight.
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SysteCom announced its exclusive partnership with OffSec, strengthening its portfolio with top-tier training programs and certifications in the field of cybersecurity. Through this partnership, we offer professionals and organizations access to modern, hands-on training paths that effectively prepare security teams for the real-world challenges of today’s digital environment.
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On Wednesday, November 12, 2025, the QNR Group successfully held its second free webinar titled “IBM Maximo: Your Key to Smarter, Cost-Effective Assets” in collaboration with IBM. Participants had the opportunity to explore how IBM Maximo enables organizations in the energy, utilities, and industrial sectors to optimize the performance of their assets, reduce maintenance costs, and advance their sustainability goals by leveraging the power of Artificial Intelligence (AI), the Internet of Things (IoT), and data analytics.
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Watch the webinar
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SquareDev as Gold Sponsor
at “The Inaugural Greeks
in AI Symposium”
SquareDev, a member of the QnR Group, participated on July 19–20 in the first “Greeks in AI Symposium,” held at the Serafio Cultural Center — an engaging event that showcased Greek excellence and innovation in artificial intelligence.
As a Gold Sponsor, SquareDev represented the QnR Group, taking part in insightful discussions with professionals, researchers, and technology enthusiasts who are shaping the future of AI in Greece and internationally.
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Collaboration between SquareDev and the University of the Aegean within the VILLAGE Project
Representatives from SquareDev and the University of the Aegean participated in another productive workshop as part of Work Package 2 of the VILLAGE project, focused on the “Needs Analysis for the Virtual Engineering Labs Teaching Model”.
The session, coordinated by John Zaras and Alex Karvounis, fostered a meaningful dialogue on innovative approaches to remote engineering education, strengthening collaboration and knowledge exchange between academic and technological stakeholders.
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Interview of the QnR Group CEO in POLITICAL Newspaper
In an exclusive interview with POLITICAL, Dr. Panagiotis Paschalakis, CEO of the QnR Group, presented the company’s strategic vision and rapid growth.
Dr. Paschalakis emphasized that the Group’s development is founded on three pillars: innovation, acquisitions, and diversification.
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On September 19, the QnR Group proudly supported the Safe Water Sports charity event celebrating 10 years of social contribution, held at the Ecali Club.
The Group stands firmly behind the organization’s mission and consistently supports its initiatives aimed at educating and informing children and adults about water safety, with the goal of preventing drownings and reducing accidents across Greece.
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Piraeus Securities Announces Initiation of Coverage on QNR
On September 25, Piraeus Securities, positively evaluating the company’s performance and the successful execution of its growth plan, issued a report initiating coverage of the company’s stock with an Outperform rating and a target price of €1.80 per share, implying an upside potential of approximately +25% compared to current levels.
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The QNR Group
Today, the QnR Group operates as a Holistic Technology Ecosystem, offering innovative technological solutions and services ranging from end-to-end custom software solutions to Artificial Intelligence, Autonomous AI Agents, large-scale AI systems, Cybersecurity Solutions, SAP S/4HANA, SAP Business One, ServiceNow, and Fintech.
The QnR Group’s strong growth is reflected both in its financial performance and in the strategic initiatives of its management. QnR is listed on the Athens Stock Exchange and is currently on a trajectory of targeted and dynamic growth, with a strong focus on acquisitions and the expansion of its ecosystem of innovative solutions.
This strategy of building a holistic Group around high value-added pillars—such as cybersecurity, artificial intelligence, and more recently SAP applications through the acquisition of Alexander Moore—enables QnR to position itself as a comprehensive provider of technological services and to meet the rapidly growing international demand for specialized and innovative technology solutions and services.
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Thank you for taking the time to review our Newsletter.
We trust you found the content both relevant and valuable.
For those who wish to access the previous issue, you may do so by clicking here.
We look forward to your continued engagement in our upcoming edition!
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📧 This email address is being protected from spambots. You need JavaScript enabled to view it. ☎️ +30 211 1809000
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