Penki Kontinentai Revenue for the First Quarter of 2019 - 10.9 Million Euros

Published: 18 June 2019 y., Tuesday

The revenue of the Penki Kontinentai Group, specializing in innovative information technology solutions, reached 10.9 million euros for the first quarter of 2019, which is 25 percent more than in the same period last year (8.7 million euros).

“We are expanding the range of services and our presence in countries of strategic importance, where new banking technologies are especially needed for the dynamic development of the financial sector. We hope that investments in innovations and efficient use of resources will provide a basis for our further stable growth. It is important for us to maintain a high rate of development according to the planned strategy,” says Idrakas Dadašovas, Chairperson of the Penki Kontinentai Board.

One of the main companies of the group, Penkių kontinentų bankinės technologijos (BS/2), earned 5 million euros in the first quarter of 2019 (10 percent more than in the corresponding period of 2018). Among the BS/2 subsidiaries, companies in Kazakhstan and Georgia achieved the most significant results, which are more than 116 percent higher than last year (revenues 1.3 and 1.5 million euros, respectively).

Revenue growth trend is also noted in other companies of the group. ASHBURN International is actively entering the markets of Uzbekistan and Azerbaijan. The company implements outsourcing projects and the TransLink.iQ solution for managing and monitoring the network of EFTPOS terminals and integrated cash register systems. The number of devices running on TransLink.iQ platform will exceed 300,000 by the end of the year.

Penki Kontinentai is one of the most advanced international corporations in the areas of banking technology, innovative payment solutions, fiber optic Internet networks and IPTV (Penki), as well as the professional outsourcing of IT services. Solutions of Penki Kontinentai are known in more than 80 countries. Among the main companies are Penkių kontinentų bankinės technologijos (BS/2), Penkių kontinentų komunikacijų centras (Penki and Profit), ASHBURN International, Skaitmeninio sertifikavimo centras. International banks, financial institutions, retailers and business companies use specialized software and technology solutions developed by Penki Kontinentai. The group of companies successfully collaborates with leading global companies such as Diebold Nixdorf, Cisco Systems, Unisys, Gemalto/Thales, Ingenico, Microsoft, Arris and many others.

Šaltinis: Penki kontinentai
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Mobile application ATMeye.iQ – available now on Google Play!

BS / 2 presents an app - Mobile ATMeye.iQ: a member of the family of mobile solutions from Mobile.iQ. Mobile ATMeye.iQ 1.0 is available for download now from the online store Google Play. more »

Bankers competed in Bank Tennis Racket 2013 tournament

Bank Tennis Racket 2013 (Banku teniso rakete 2013), the fourth installment of the traditional Bank Tennis Racket tournament, was held on the second last weekend of March in Vilnius, Lithuania. SEB Arena hosted sport enthusiasts from various Lithuanian banks. more »

International conference in Kiev Cash Flows and Bank Cashing Operations

The second international conference Cash Flows and Bank Cashing Operations was held in Kiev on March 12-13, 2013. more »

Lithuanian IPTV solutions in London

March 19 one of the largest Internet and communication technology exhibitions/conferences in the world “TV Connect 2013” (formerly known as “IP&TV World Forum”) starts in London exhibition centre Olympia Exhibition Centre. more »

IPTV World Forum in London

In late March, experts of the best telecommunications companies will meet in London to discuss and share insights on the present and future of IP television (IPTV; Internet protocol television). On 19-20th of March, Olympia Exhibition Centre located in the capital of Great Britain will hold one of the largest Internet and communication technology exhibitions/conferences in the world “TV Connect 2013” (formerly known as “IP&TV World Forum”) for the ninth time. more »

“Penkių kontinentų komunikacijų centras” is an official Cisco partner

UAB “Penki kontinentai” whose gold Microsoft partner status was extended only a few weeks ago has received yet another solid international appreciation. A member of the group of companies “Penkių kontinentų komunikacijų centras” was awarded the status of Premier Partner of the company Cisco that is the global leader in the development and production of telecommunications solutions and equipment. more »

Bank Tennis Racket will again gather together Lithuania's bankers

On March 23-24 this year, a fourth installment of the Bank Tennis Racket tournament will be held in SEB Arena, Vilnius, Lithuania. This is a traditional sporting event where various people (starting from lower-level management to board members and presidents) working at various Lithuanian banks compete for a trophy. more »

Competence and decisiveness are the most important for leaders

The products of the group of companies “Penki kontinentai” that has been successfully operating for 20 years now are marketed in more than 65 countries; the company has subsidiaries in nine countries. We have met with the Chairman of the Board of the group of companies Idrakas Dadašovas to talk about the most important traits of a head of a successfully operating company. more »

Hungarian partners took course at BS/2 competence center

On February 20-22, the BS/2 company was visited by representatives of DBM, a Hungarian company that has been BS/2's partner since 2004. For many years now, these two companies have been working successfully in the area of ATM maintenance and have been selling hardware. more »

Penki kontinentai continue their exceptional partnership with Microsoft

Penki kontinentai IT company engaged in the development of information technologies, intellectual software equipment and cooperating with such leading companies as Motorola, Unisys, Cisco for over 20 years continue their partnership with the world’s IT giant Microsoft. more »