News

INVL Technology transferred the shares of Nordic Cyber Security

INVL Technology, a company that invests in IT businesses, transferred the shares of Finnish company Nordic Cyber Security Oy, that manages 77.35 percent of Deltagon Group Oy shares, for EUR 5.25 million. Finnish state-owned enterprise Suomen Erillisverkot (State Security Networks Ltd) paid EUR 5.25 million for 100 percent of Nordic Cyber Security shares.

Consumer credits in Šiaulių Bankas will be issued twice as fast

After employing a new automated loan origination process management system, Šiaulių Bankas will provide consumer credits in a few minutes. The loan origination system, based on principles of Robotics Process Automation, was developed and implemented by the financial technology company ETRONIKA.

NRD CS: Lithuania‘s cyber security capacity: are we cyber-ready to embrace digital era?

A new research on Lithuania’s cybersecurity capacity reveals that we have made significant progress in some areas of our national cybersecurity but more efforts are needed to reach overall strategic maturity.
According to the report, facilitated by the Global Cyber Security Capacity Centre(GCSCC) at the University of Oxford, Lithuania has reached a strategic stage in national capacity to design a cyber resilience strategy and lead its implementation as well as in the existence of reliable Internet services and infrastructure.

Andrius Kaikaris was appointed Director of Lithuanian company NRD UAB

Lithuanian information system development and project delivery company NRD has a new Director - Mr Andrius Kaikaris, serving since 18 October 2017. He has replaced the former Director of the company Mr Alvydas Arnoldas Šidlauskas. NRD Systems is a member of NRD Companies – a global information technology and consulting group of companies.

Estonia's digital gift to the European Union

Estonia has produced a digital solution that will make it simpler to organise and run the events taking place during the Estonian Presidency of the Council of the European Union. The Presidency Gateway was produced by AS Andmevara and partners, the ICT tender was carried out by the Centre of Registers and Information Systems, and the development was commissioned by the Government Office of the Republic of Estonia.

Access to African and Asian markets enables INVL Technology’s businesses to globalise operations

The equity capital of INVL Technology, a company that invests in IT businesses, was EUR 19.26 million, or EUR 1.58 per share, at the end of the first quarter of this year. The latter figure decreased 2.4 per cent from the start of the year. The company’s investments totalled EUR 17.9 million at the end of March 2017: the value of investments in business holdings was EUR 16.33 million, while the value of the short-term bonds from BAIP UAB in which INVL Technology invested to ensure the participation of INVL Technology group companies in a foreign tender, including accumulated interest, was EUR 1.57 million.

ETRONIKA partners with Comarch

ETRONIKA, a leading Baltic IT Company developing electronic banking, digital identity, and smart retail solutions has signed a distribution agreement with Comarch Technologies, technology wing of the Comarch Capital Group.