Bassilichi Central Eastern Europe builds, implements, and maintains electronic payment solutions. The company distributes and installs point of sale (POS) terminals and related financial software. Bassilichi Central Eastern Europe was formerly known as Asoft4solutions Company Ltd. As a result of the acquisition of Asoft4solutions Company Ltd by Bassilichi S.p.A., Asoft4solutions Company Ltd name was changed. The company was founded in 2008 and is based in Belgrade, Serbia. As of July 12, 2013, Bassilichi Central Eastern Europe operates as a subsidiary of Bassilichi S.p.A.