INVL Technology – company, investing in ICT businesses

About INVL Technology

Closed-end investment company INVL Technology invests in information and communication technologies and is listed on NASDAQ OMX Vilnius stock exchange. The Company was created after the merger of BAIP group AB and INVL Technology AB.

INVL Technology operates as a cluster of B2B- and B2G-oriented IT businesses with a focus in four key areas: business climate improvement and e-governance, IT infrastructure, cyber security and IT intensive industries‘ solutions. The largest INVL Technology investments currently are companies in Europe (Lithuania, Norway, Estonia, Moldova) and East Africa (Tanzania, Rwanda and Uganda): Norway Registers Development AS with subsidiaries NRD UAB, ETRONIKA UAB, Norway Registers Development East Africa Ltd, Norway Registers Development Rwanda Ltd. and Infobank Uganda Ltd; BAIP UAB with subsidiary Acena UAB; NRD CS UAB; Algoritmu sistemos UAB; and Andmevara AS with subsidiary Andmevara SRL.

In order to generate significant investment return for investors, INVL Technology invests in mature IT companies working in B2B and B2G with sustainable business models, production capacity in the Baltics or Eastern/Central Europe and the potential for synergetic cooperation with other INVL Technology companies. INVL Technology seeks to increase the value of the companies in its portfolio by bringing financial and intellectual capital for growth and add-on acquisitions, management support, and globalization via sales channels in East Africa and Southeast Asia.

We would like to invite you to watch this short video presentation (https://youtu.be/VTchOjhAT6A), where it is briefly explained how closed-end investment company INVL Technology differs from similar companies because of its unique business model.

Current structure of INVL Technology managed companies:

Board

On June 27th, 2016 the Articles of Association of INVL Technology, a company that invests in information technology businesses, have been registered at the Lithuanian Register of Legal Entities. They established the transformation of INVL Technology into a special closed-end private equity investment company.

On July 14th, 2016 INVL Technology has been issued a closed-end investment company (UTIB) license by the Bank of Lithuania. Under the company’s Articles of Association, UTIB INVL Technology will operate until 14 July 2026, with extension possible for a further two years.

On receiving this license, the management of INVL Technology has been assumed by INVL Asset Management – a part of Invalda INVL, one of the leading asset management groups in the Baltic countries.

With the registration of the new Articles of Association, the mandates of the board and the CEO of INVL Technology ceased. The former board members who jointly held 33.39 per cent of votes are considered to be acting separately.

Former INVL Technology CEO and Chairman of the Board Kazimieras Tonkūnas will hold the position of UTIB INVL Technology Managing Partner at INVL Asset Management.

 

News

2016-07-18

UTIB INVL Technology prospectus approved, share trading set to resume

2016-07-14

INVL Technology receives UTIB license

2016-06-27

Amended articles of Association of INVL Technology approved

2016-06-03

INVL Technology is proposed to make the amendments of the Articles of Association

2016-05-17

Articles of Association of UTIB INVL Technology registered

2016-05-16

INVL Technology reports preliminary operating results for 3 months of 2016

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Companies

NRD Companies
NRD CS, UAB
BAIP, UAB
Andmevara AS
Algoritmu sistemos, UAB
Acena, UAB
Daugiau informacijos »

News of companies

2016-07-18

KTU and NRD CS to cooperate in cybersecurity research

2016-05-20

Modern and secure E-Government Infrastructure planned for Lesotho

2016-04-15

A delegation from DITT visited Eastern Europe

2016-03-24

Bangladesh e-Government Computer Incident Response Team (BGD e-Gov CIRT) begins operations

2016-02-25

Norway Registers Development Rwanda begins operations

2016-02-24

Bringing stakeholders to the table – capacity building in Lesotho

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Intellectual capital

BAIP
NRD CS
NRD group

Investors

Contacts

Closed-end investment company INVL Technology

Company code 300893533, VAT code LT100003300019

Gyneju str. 16, Vilnius, LT-01109, Lithuania

Phone: +370 5 219 1919
Fax.: +370 5 219 5900
E-mail: info@invltechnology.lt

Kazimieras Tonkūnas
E-mail: k.tonkunas@invltechnology.lt

Web: www.invltechnology.lt

 

MANAGED COMPANIES:

www.nrd.no I www.nrd.lt I www.nrd.co.tz I www.infobank-uganda.com I www.etronika.lt I www.baip.lt I www.acena.lt I www.algoritmusistemos.lt I www.andmevara.ee I www.nrdcs.lt