Python 3.4 does not run any bdist_wininst postinstall scripts. Try to run 
`C:\Python34\python.exe C:\Python34\Scripts\ -install` 
manually from an elevated command prompt.

C:\>C:\Python34\python.exe C:\Python34\Scripts\ -install
Copied pythoncom34.dll to C:\Python34\pythoncom34.dll
Copied pywintypes34.dll to C:\Python34\pywintypes34.dll
You do not have the permissions to install COM objects.
The sample COM objects were not registered.
-> Software\Python\PythonCore\3.4\Help[None]=None
-> Software\Python\PythonCore\3.4\Help\Pythonwin Reference[None]='C:\\Python34\\
Pythonwin has been registered in context menu
Creating directory C:\Python34\Lib\site-packages\win32com\gen_py
Can't install shortcuts - 'C:\\Users\\Laci\\AppData\\Roaming\\Microsoft\\Windows
\\Start Menu\\Programs\\Python 3.4' is not a folder
The pywin32 extensions were successfully installed.

Python 3.4.1 (v3.4.1:c0e311e010fc, May 18 2014, 10:45:13) [MSC v.1600 64 bit (AM
D64)] on win32
Type "help", "copyright", "credits" or "license" for more information.
>>> import win32service



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