Last update: 06.02.2023 20:18 (GMT+2)

INVL Technology (26.07.2021)

Vilnius market | Baltic Secondary List

INC1L  |  ISIN LT0000128860


Financials > Financial Services

INVL Technology

INVL Technology

Name: Closed-ended type investment company INVL Technology 
Core business: Investment in ICT businesses 
Date of registration: 29 April 2014
Date of registration (after reorganization): 9 February 2015
Auditor: PricewaterhouseCoopers UAB
Date of equity listing (Secondary List): 4 June 2014   
Market: Nasdaq Vilnius

Background Information 

INVL Technology is a company, investing in information and communication technology businesses. The company was created in the beginning of 2015, after the merger of asset management and information technology businesses INVL Technology, AB and BAIP group, AB. The new company has taken over all rights and duties of INVL Technology, AB and combined the competencies, experience, intellectual capital, connections with science community and other value creation practices of both companies.

On 14th of July, 2016 INVL Technology received a closed-end investment company license, issued by the Bank of Lithuania. Under the company’s Articles of Association, a closed-end investment company (UTIB) INVL Technology will operate until 14 July 2026, with a possible extension for two more years. The management of the closed-end investment company has been assumed by INVL Asset Management, a part of asset management group Invalda INVL.

Currently, INVL Technology companies are currently active in three areas. Norway's NRD Companies AS are operating in the area of business climate improvement and e-governance, including its subsidiaries: Norway Registers Development AS with a branch in Lithuania, Lithuania's NRD Systems UAB, Etronika UAB, Rwanda's Norway Registers Development Rwanda Ltd and the associated company in Uganda, Infobank Uganda Ltd.  
Novian Group operates in the area of IT infrastructure and software services: Novian UAB in Lithuania with the technologies businesses Novian Technologies UAB, Novian Eesti OÜ in Estonia and Andmevara SRL in Moldova, and the software services businesses Novian Systems UAB, Elsis PRO in Lithuania and Andmevara AS in Estonia, as well as the digitisation and media monitoring software provider Zissor AS in Norway. NRD Cyber Security UAB is active in the field of cyber security and its subsidiary NRD Bangladesh Ltd.

INVL Technology acts as a financial-strategic investor seeks to increase the value of the companies in its portfolio by bringing financial and intellectual capital for growth and add-on acquisitions, management support, and globalization via sales channels in East Africa and Southeast Asia.

Supervisory board
Indrė Mišeikytė, Audrius Matikiūnas and Gintaras Rutkauskas.

Contact Details
Address: Gynėjų St. 14, LT-01109 Vilnius, Lithuania 
Telephone: +370 5 279 0601
Fax: +370 5 279 0530
Internet webpage:
Contact person: Kazimieras Tonkūnas (Managing Partner), +370 5 279 0601,




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