News

Mindaugas Glodas appointed to lead NRD Companies

In January 2019, Mr Mindaugas Glodas will become the new managing director at Norway Registers Development AS and NRD Companies – a global information technology and consulting group of companies, controlled by INVL Technology. He will take over from Mr Rimantas Žylius who served in this position since 2014. Mr Rimantas Žylius will become a member of the Board at Norway Registers Development AS.

In 9 months businesses INVL Technology owns announced EUR 1.3 million of dividends

INVL Technology, a company that invests in IT businesses, had equity of EUR 23.915 million, or EUR 1.96 per share, at the end of the third quarter this year. Equity per share was up 0.4% from the start of the year. During the third quarter the company’s equity grew by EUR 409 000 and its net asset value per share rose by 1.74%.

BAIP will offer world-class artificial intelligence capabilities in the Baltic States

Critical IT infrastructure company BAIP has added supercomputing and artificial intelligence competencies to its portfolio. As a Preferred Partner of the NVIDIA Partner Program (NPN), BAIP is now able to offer regional business, science and state institutions in the Baltic states access to cutting-edge AI and high performance computing technology.

Changes in the Management Board of AS Andmevara

AS Andmevara hereby informs that changes will be made to the company's management board. Andrus Kõre is stepping down from his role as CEO of AS Andmevara, and leaving the company. Giedrius Cvilikas has been appointed as CEO of AS Andmevara. Giedrius currently serves as a director of Vitma UAB. AS Andmevara and Vitma UAB are both a part of INVL Technology group of companies.

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.