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02/13/2004  Penki kontinentai exceeded its plans last year

A year 2003 was more successful than expected for Penki kontinentai Group - the companies of universal banking technologies, Internet and telecommunications and Skynet information society network. Total turnover of all group’s companies made up 80,2 million of Lt without VAT (67 million for the products, 13,2 for the services).

Penki kontinentai Group supplies and maintains banking equipment, creates specialized software, distributes and installs data security systems, engineers and installs computer and the largest optical networks in the Baltic states, provides Internet services, creates e-commerce system, web-design, develops marketing strategies, trades in hardware and software, telecommunications equipment, offers computer courses, consults banking technologies’ specialists, sells specialized computer as well as educational literature and belles-lettres, provides internet café, information centre and conference hall services.

Products’ and services’ export made up the greater part of total turnover of Penki kontinentai – 61,2 million of Lt. The company mostly exported to Ukraine, Russia, Azerbaijan, Belarus, Kazakhstan, Moldavia, Georgia, Armenia, number of products and service was also exported to Germany, great Britain, USA, Serbia and Montenegro, Spain, Poland, India, Slovakia, Sri-Lanka, Bulgaria, Cyprus, United Arab Emirates and some African countries. According Idrak Dadashov, company’s General Director, the last year was very efficient: Penki kontinentai together with its partner UVS Group have established Kriptonika, UAB . The main task of the newly established company is migration from the magnetic cards to the chip cards in compliance with EMV standards. Penki kontinentai also established a daughter company Ashburn International , which specializes in e-payments and related application solutions.

The company is planning to offer some novelties to its clients this year: establishment of banking self-service department in “Europa” supermarket (Konstitucijos av, Vilnius) and IP telephony terminal in the city e-information centre (Pamėnkalnio st. 2, Vilnius). Skaineta, UAB and Penki kontinentai clients use IP telephony services at especially low prices.

Penki kontinentai together with UVS are building a five-storey office at Kalvarijų st. 143 (Vilnius). Skynet and Penki kontinentai network are connected into one general network. Penki kontinentai Internet users will have a unique opportunity to take all advantages of Skynet network – to exchange multimedia files, use IP telephony connection, communicate, work or simply have a good time…

Much is invested into Skynet network engineering and expansion. Skynet Information society network, e-city, e-medicine and e-education institutions are the company’ priority activity spheres. Skynet network, which earlier covered Šeškinė, Fabijoniškės, Pašilaičiai micro-districts only is now connected with the city’s centre. Soon the network will be expanded to Justiniškės, Pilaitė, Viršuliškės and Šnipiškės micro-districts. Recently the company bought back the shares from the small shareholders E. Filistovičius and J. Perepelica (0,15 % of shares from each). Now Penki kontinentai Group has got 100 % of Skaineta, UAB shares. The small shareholders will be prosecuted for the violation of company’s management rules and credit nonfeasance.

Penki kontinentai Group ceased to be a member of InfoBalt Association last summer. Penki kontinentai is engaged into the networks’ projecting and installation, the company invests into information society development, however, having faced the feigned obstacles and indifference from the official parts, it was forced to seek for other partners. Business information systems’ development committee under Lithuanian industrialists’ confederation will help Penki kontinentai to implement the projects, which are important to information society.

Company groups’ specialists participate at the international exhibitions and seminars annually. As every year in March, banking technologies’ experts will take part at the world’s biggest and the most prestigious IT exhibition “CeBIT”.

  2007.11.13  Judicial Decision won't Clarify the Disputes between the UVS and the "Penki kontinentai"
  2007.03.14  At the exhibition CEBIT 2007 the "Penki kontinentai" introduces products for global markets
  2005.09.13  BS/2 Wins the Balkans’ Market
  2005.08.09  Lithuanian Video Security System Goes to Thailand
  2005.08.02  ATMIA award – Result of Five Years' Cooperation
  2005.08.02  The Second International Banking Conference in Tbilisi
  2005.05.30  United we win!
  2005.04.06  “Seeing the Invisible”
  2005.03.14  First Golden ATM in Kiev
  2005.02.22  Success story in Kazakstan - TuranAlem bank
  2005.02.18  “Next Generation ATMs in the USA”
  2005.02.18  JSC "Penkiu kontinentu bankines technologijos" ATMs in Georgia
  2005.02.15  JSC “Skaitmeninio sertifikavimo centras” at the RSA Conference
  2005.02.07  CeBIT 2005 is coming!
  2005.01.13  “Wincor Nixdorf“ Partner Meeting
  2005.01.13  He who seeks shall find!
  2005.01.13  Wincor World 2005: Vision at Work
  2004.11.12  Wild Guesses of “Lietuvos telekomas“
  2004.02.13  Penki kontinentai exceeded its plans last year
  2003.12.10  “Wincor Nixdowf” department in Morocco has ordered “ATMeye”
  2003.11.24  Lithuanian company won the international nominations
  2003.11.13  Solutions for enterprise debit and client loyalty cards
  2003.11.13  BS/2 in Wincor Nixdorf partner meeting
  2003.11.12  Accounting systems for restaurants and cafes
  2003.11.11  Active business engagement of „Penki kontinentai“ in Azerbaijan
  2003.10.31  Views from Nigeria via the ATM
  2003.10.30  Video films at the computer, phone and outdoor screens
  2003.10.30  “Hansa” bank was interested in the latest banking tendencies
  2003.10.30  Lithuania SEB members showed the interest in banking systems
  2003.10.23  The President has visited the stand of Penki kontinentai Group
  2003.10.23  Latvian bank showed interest in the Lithuanian banking solutions
  2003.10.23  “Miss Lithuania” visited the stand of Penki kontinentai
  2003.10.22  New self-service department concept already in Lithuania
  2003.10.20  Data security “Stealth disk” – for the successful business
  2003.10.20  “SERIP” family for data transmission and monitoring
  2003.10.16  First Lithuanian on-line bookstore grows
  2003.10.06  International banking conference comes near
  2003.10.06  Lithuanian company adjusts EMV standard
  2003.10.02  Let’s create a symbol of the Lithuanian police
  2003.10.01  Turnover of Penki kontinentai group increases
  2003.10.01  Website of Alma Adamkienė's charity and relief fund was launched
  2003.09.22  Lithuanian representatives visited Caucasian countries
  2003.09.22  Bulgaria and Sri-Lanka choose Lithuanian ATM security system
  2003.09.17  A kindergarten also wants to be a part of information society
  2003.09.17  "Deutsche bank“ is interested in Lithuanian e-commerce systems
  2003.09.17  New self-service department concept has been presented
  2003.09.03  Today in „Penki kontinentai ONLINE“
  2003.09.01  First time in Lithuania - video art festival
  2003.09.01  The Visit of the President of Lithuania to Easte Europe
  2003.08.28  World Information Technology Forum takes place in Vilnius

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