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News "Penki Kontinentai"

IT specialists from Lithuania shared experiences in Silicon Valley (USA)

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IT specialists of a group of companies “Penki kontinentai” that has been operating in IT and banking technology sectors for more than two decades visited Silicon Valley in the USA. At the meetings with such partners as “Cisco Systems”, EMC, “NetApp” and “Vmware”, the guests shared experience, discussed about trends and perspectives in the IT market.

Revenue and profit of a group of companies “Penki kontinentai” was growing for the first quarter of 2014

Over the first quarter of 2014, consolidated earnings of the group of companies “Penki kontinentai” grew by 58.59 percent, compared to the same period of 2013, and reached 40.6 million litas. At the same time, net consolidated unaudited profit of the group was 2.2 million litas at the end of the first quarter of this year, i.e. 34 percent more than at the end of the same period last year, when it was 1.64 million litas.

A group of companies “Penki kontinentai” was profitable in 2013

In 2013, sales revenue of the group of companies “Penki kontinentai” amounted to 126.682 million litas, i.e. 3.868 million litas more than in 2012. The group of companies ended year 2013 profitably, i.e. companies of the group earned 7.266 million litas of profit before tax.

I. Dadasovas: “Today, the term digital universe is becoming more and more perceptible”

Information Technology (IT) is probably the fastest developing area, which dramatically alters both business and the society, while creating new challenges. “These processes lead to new challenges. One of the most important challenges is to collect, process, store, secure and access rapidly increasing amount of information as well as to make prompt decisions on the basis of such data, while optimizing these processes”, shared his views Idrakas Dadasovas, Chairman of the Board of a group of banking and information technology companies “Penki kontinentai”.

Insurance company “Compensa” employs an up-to-date premium collection solution of “ASHBURN International”

A company “ASHBURN International” (“ASHBURN”) began to cooperate with an insurance company “Compensa TU S.A. Vienna_Insurance_Group Lithuanian Branch” and installed in the company’s customer service departments electronic card readers and a special technologically advanced solution for automated accounting of premiums collected from customers and paid by payment cards.