News

  • INVL Technology investor’s calendar for 2025
    2024-12-11
    INVL Technology investor’s calendar for 2025

    INVL Technology plans to publish information to investors in 2025 in accordance with the following calendar: 7 April 2025 – audited financial reports and annual management report. 30 April 2025 – Net Asset Value and factsheet for 3 months of 2025. 26 August 2025 – Net Asset Value and semi-annual management report for 6 months…

  • Announcement of the net asset value of INVL Technology as of 30 September 2024
    2024-10-30
    Announcement of the net asset value of INVL Technology as of 30 September 2024

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 44,443,264 or EUR 3.7067 per share on 30 September 2024.

  • INVL Technology Interim unaudited information for 9 months of 2024
    2024-10-30
    INVL Technology Interim unaudited information for 9 months of 2024

    Equity of the Company and the Company’s net asset value as of 30 September 2024 was EUR 44.44 million or EUR 3.71 per share. At the end of 2023, these figures were EUR 43.53 million and EUR 3.61 respectively. Investments of the Company into managed companies amounted to EUR 44.83 million at the end of September 2024 and…

  • Revenues of INVL Technology’s portfolio companies grew 12.5%
    2024-10-30
    Revenues of INVL Technology’s portfolio companies grew 12.5%

    INVL Technology, a company that invests in IT businesses, had an equity and a net asset value of EUR 44.44 million at the end of September this year, which is 2.1% more than at the start of the year. Their per share value of its equity and NAV was EUR 3.7067 and was up 2.8%…

  • BDO Auditas ir Apskaita will audit the company
    2024-10-21
    BDO Auditas ir Apskaita will audit the company

    The audit of the companies INVL Technology, INVL Baltic Real Estate and INVL Baltic Farmland for the years 2024-2026 will be carried out i by the company BDO Auditas ir Apskaita. This decision was approved at the company’s general shareholders’ meetings held on October 21. BDO Auditas ir Apskaita replaced PricewaterhouseCoopers, which had successfully audited…

  • Resolutions of the General Extraordinary Shareholders Meeting of INVL Technology
    2024-10-21
    Resolutions of the General Extraordinary Shareholders Meeting of INVL Technology

    The resolutions of the General Extraordinary Shareholders Meeting (hereinafter – “the Meeting“) of special closed-ended type private equity investment company INVL Technology (hereinafter – “the Company”) that was held on 21 October 2024: 1. Regarding the election of an auditor to carry out the audit of the annual financial statements and setting conditions of payment for…

  • Appointment of BDO Auditas ir Apskaita as auditor proposed
    2024-09-27
    Appointment of BDO Auditas ir Apskaita as auditor proposed

    It is proposed to appoint BDO Auditas ir Apskaita as the auditor of INVL Technology, INVL Baltic Real Estate and INVL Baltic Farmland for the years 2024-2026. The companies’ shareholders will vote on the matter at general shareholders’ meetings which will take place on 21 October. For 10 years, PricewaterhouseCoopers has been successfully auditing the…

  • Convocation of the General Extraordinary Shareholders Meeting of INVL Technology and draft resolutions on agenda issue
    2024-09-27
    Convocation of the General Extraordinary Shareholders Meeting of INVL Technology and draft resolutions on agenda issue

    Special closed-ended type private equity investment company INVL Technology, legal entity code 300893533, the registered address Gyneju str. 14 Vilnius, Lithuania (hereinafter – the Company or INVL Technology), informs that on the initiative and decision of the management company INVL Asset Management, UAB (hereinafter – the Management Company), the General Extraordinary Shareholders Meeting (hereinafter – the Meeting) is to be held…

  • Enlight Research sketches possible scenarios for sale of INVL Technology
    2024-09-19
    Enlight Research sketches possible scenarios for sale of INVL Technology

    Enlight Research updated its analysis of INVL Technology, a company that invests in IT businesses, following the publication of operating results for the first half of 2024. The report also sketches possible scenarios for the sale of INVL Technology. “INVL Technology’s shares have appreciated sharply on expectations that its calculated net asset value will be…

  • Enlight Research sketches possible scenarios for sale of INVL Technology
    2024-09-19
    Enlight Research sketches possible scenarios for sale of INVL Technology

    Enlight Research updated its analysis of INVL Technology, a company that invests in IT businesses, following the publication of operating results for the first half of 2024. The report also sketches possible scenarios for the sale of INVL Technology. “INVL Technology’s shares have appreciated sharply on expectations that its calculated net asset value will be…

  • Information about shares issued by INVL Technology and votes granted
    2024-09-18
    Information about shares issued by INVL Technology and votes granted

    Please be informed, that on 17 September 2024 INVL Technology has transferred part of its shares – 206 units – to the employees of INVL Technology’s subsidiaries, who acquired the right to pre-empt realization of the option right under the basis and terms of signed option agreements. Considering this, INVL Technology hereby announces the data on…

  • News from INVL Technology managed companies: NRD Companies’ strategic focus yields stable 2024 H1 EBITDA performance
    2024-09-12
    News from INVL Technology managed companies: NRD Companies’ strategic focus yields stable 2024 H1 EBITDA performance

    September 12th, 2024 – NRD Companies a global IT and consulting group of companies specializing in governance, economic digital infrastructure development, and subject matter consultancy services,  has announced its 2024 H1 results, highlighting stable EBITDA and key achievements across public and private sector clients, with a focus on Registry, Tax, and other E-Services authorities in Africa,…

  • News from INVL Technology managed companies: Novian had revenue of EUR 16.4 million in the first half of 2024
    2024-09-11
    News from INVL Technology managed companies: Novian had revenue of EUR 16.4 million in the first half of 2024

    The Novian software and IT infrastructure services group had aggregated revenue of EUR 16.4 million in the first half of 2024. That is 11.1% less than in the same period last year. The group’s EBITDA was EUR 1.1 million; in the year-earlier period it was EUR 0.2 million. The operating profit for this year’s first…

  • Notification about disposal of votes and acquisition of votes
    2024-09-05
    Notification about disposal of votes and acquisition of votes

    The company presents the received notifications regarding the loss of votes and the acquisition of directly held votes (a purchase-sale transaction within the „Invalda INVL“ group). The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected]   Attachments: INC1L_acquisition of voting rights by Invalda INVL_2024 09 04 INC1L_disposal of voting rights…

  • Notification on transactions in the Issuer’s securities
    2024-09-05
    Notification on transactions in the Issuer’s securities

    We present the received notification regarding the transaction with „INVL Technology“ shares (a purchase-sale transaction within the „Invalda INVL“ group). The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected]   Attachements: INVL Technology_notification_Invalda INVL_2024 09 04

  • News from INVL Technology managed companies: NRD Cyber Security income increased by 32% in H1 of 2024
    2024-09-03
    News from INVL Technology managed companies: NRD Cyber Security income increased by 32% in H1 of 2024

    In the first half of this year, NRD Cyber Security, a company that offers cybersecurity solutions, consulting, and other services, generated revenue of €3.643 million, 32% more than in the same period in 2023. The company’s net profit for the first six months of 2024 reached €507,000, 58% more than in the first half of…

  • Presentation of INVL Technology preliminary results for 6 months of 2024
    2024-08-27
    Presentation of INVL Technology preliminary results for 6 months of 2024
  • Presentation of INVL Technology
    2024-08-27
    Presentation of INVL Technology

    INVL Technology announces a presentation to be used in meetings with investors. Additional information:  INVL Technology, a company that invests in IT businesses, had an equity and a net asset value of EUR 43.95 million at the end of June this year, which is 1% more than at the start of the year. Their per…

  • Announcement of the net asset value of INVL Technology as of 30 June 2024
    2024-08-27
    Announcement of the net asset value of INVL Technology as of 30 June 2024

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 43,951,275 or EUR 3.6658 per share on 30 June 2024.

  • INVL Technology interim unaudited information for 6 months of 2024
    2024-08-27
    INVL Technology interim unaudited information for 6 months of 2024

    Equity of the Company and the Company’s net asset value as of 30 June 2024 was EUR 43.95 million or EUR 3.67 per share. At the end of 2023, these figures were EUR 43.53 million and EUR 3.61 respectively. Investments of the Company into managed companies amounted to EUR 44.44 million at the end of June 2024 and…

  • INVL Technology had a net profit of EUR 0.62 million in the first half of 2024
    2024-08-27
    INVL Technology had a net profit of EUR 0.62 million in the first half of 2024

    INVL Technology, a company that invests in IT businesses, had an equity and a net asset value of EUR 43.95 million at the end of June this year, which is 1% more than at the start of the year. Their per share value of its equity and NAV was EUR 3.6658 and was up 1.7%…

  • Information about shares issued by INVL Technology and votes granted
    2024-07-08
    Information about shares issued by INVL Technology and votes granted

    Please be informed, that on 5 July 2024 INVL Technology has transferred part of its shares – 120 units – to the employees of INVL Technology’s subsidiaries, who acquired the right to pre-empt realization of the option right under the basis and terms of signed option agreements. Considering this, INVL Technology hereby announces the data on…

  • Information about shares issued by INVL Technology and votes granted
    2024-05-29
    Information about shares issued by INVL Technology and votes granted

    Please be informed, that on 28 May 2024 INVL Technology has transferred part of its shares – 236 units – to the employees of INVL Technology’s subsidiaries, who acquired the right to pre-empt realization of the option right under the basis and terms of signed option agreements. Considering this, INVL Technology hereby announces the data on…

  • News from INVL Technology managed companies: Novian’s revenue rose 21.9% in 2023 to more than EUR 40 million
    2024-05-27
    News from INVL Technology managed companies: Novian’s revenue rose 21.9% in 2023 to more than EUR 40 million

    The Novian software and IT infrastructure services group had aggregated revenue of EUR 40.3 million in 2023, an increase of 21.9% compared to 2022. The group’s EBITDA for last year was EUR 1.2 million and shrank 18.5% from the previous year. The operating profit for 2023 was EUR 0.14 million and was 72.2% smaller than…

  • Information about shares issued by INVL Technology and votes granted
    2024-05-22
    Information about shares issued by INVL Technology and votes granted

    Considering that during the shares buy-back process of INVL Technology (hereinafter – “the Company”), the Company acquired 86,370 shares for EUR 215,925.00 from the Company’s shareholders for which they were paid on 22 May 2024, the Company announces the data on shares issued by the Company as of 22 May 2024: Type of shares Number…

  • INVL Technology bought back a portion of its shares
    2024-05-20
    INVL Technology bought back a portion of its shares

    INVL Technology, a company that invests in IT businesses, in the first use of Dutch auction rules on the Lithuanian capital market, bought back 86 370 its shares via the stock exchange at the maximum price of EUR 2.50 per share. “Likely the company’s shareholders put a higher value on their shares, thus we ended up…

  • INVL Technology will buy-back its own shares
    2024-05-20
    INVL Technology will buy-back its own shares

    INVL Technology (hereinafter – “the Company”) finished the share buy-back. The Company will purchase 86,370 shares for the total amount of EUR 215,925.00 (without brokerage fees). The Company could purchase up to 200,000 shares. During the share buy-back 86,370 units of shares were tendered. Share purchase price: EUR 2.50  per share. Share purchase procedure started…

  • News from INVL Technology managed companies: NRD Companies reports significant growth in 2023
    2024-05-09
    News from INVL Technology managed companies: NRD Companies reports significant growth in 2023

    May 9th, 2024 – NRD Companies, a global IT and consulting group of companies specializing in governance, economic digital infrastructure development, and subject matter consultancy services, has released its 2023 annual report, showcasing remarkable growth and strategic achievements. In 2023, NRD Companies maintained its focus on developing dedicated products and solutions for the E-Government, Banking,…

  • The decision of the management company of INVL Technology on the purchase of own shares
    2024-04-30
    The decision of the management company of INVL Technology on the purchase of own shares

    The Management company INVL Asset Management, UAB of INVL Technology (hereinafter – “the Company”), taking into account that the Company has formed and not realised the reserve for the purchase of own shares which is equal to EUR 9.8 million and considering the resolution of the General Shareholders Meeting of the Company held on 30…

  • INVL Technology will buy back some of its own shares
    2024-04-30
    INVL Technology will buy back some of its own shares

    INVL Technology, a company that invests in IT businesses, intends to buy back some of its own shares using a reserve formed for that purpose. The company’s shares will be repurchased in the first application of Dutch auction rules on the Lithuanian capital market. The share buyback period begins on 6 May and ends on…

  • Announcement of the net asset value of INVL Technology as of 31 March 2024
    2024-04-30
    Announcement of the net asset value of INVL Technology as of 31 March 2024

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 43,807,390 or EUR 3.6281 per share on 31 March 2024.

  • INVL Technology interim information for 3 months of 2024
    2024-04-30
    INVL Technology interim information for 3 months of 2024

    Equity of INVL Technology and the Company’s net asset value as of 31 March 2024 was EUR 43.81 million or EUR 3.6281 per share (31 December 2023 these figures were EUR 43.53 million and EUR 3.6052 respectively). Investments of the Company into managed companies amounted to EUR 45.35 million at the end of March 2024…

  • Resolutions of the General Ordinary Shareholders Meeting of INVL Technology
    2024-04-30
    Resolutions of the General Ordinary Shareholders Meeting of INVL Technology

    The resolutions of the General Ordinary Shareholders Meeting (hereinafter – “the Meeting“) of special closed-ended type private equity investment company INVL Technology (hereinafter – “the Company”) that was held on 30 April 2024: 1. Presentation of the Company‘s annual report for 2023. 1.1. Shareholders of the Company were presented with the annual report of the Company…

  • INVL Technology had a first-quarter net profit of EUR 279,000
    2024-04-30
    INVL Technology had a first-quarter net profit of EUR 279,000

    The equity and the net asset value of INVL Technology, a company that invests in IT businesses, were EUR 43.81 million at the end of March this year, or EUR 3.6281 per share, and grew 0.64% from the start of the year. INVL Technology had an unaudited net profit of EUR 279,000 in the first…

  • INVL Technology shareholders approve procedures for acquisition of own shares
    2024-04-30
    INVL Technology shareholders approve procedures for acquisition of own shares

    The shareholders of INVL Technology, a company that invests in IT businesses, approved procedures for acquiring its own shares. The company’s operating results for 2023 and distribution of profits were also approved at the shareholders’ meeting held on 30 April. By the decision of INVL Technology’s shareholders, a EUR 9.8 million reserve formed in 2015…

  • New board member appointed to INVL Asset Management’s Board
    2024-04-29
    New board member appointed to INVL Asset Management’s Board

    INVL Technology (hereinafter – the Company) informs that on 29 April 2024 Asta Jovaišienė has been appointed to the board of INVL Asset Management, UAB (hereinafter – the Management Company) from 30 April 2024 by the decision of the sole shareholder of the Management Company. Asta Jovaišienė replaced the Management Company’s board member Nerijus Drobavičius.

  • Enlight Research analysed INVL Technology’s financial results for 2023
    2024-04-24
    Enlight Research analysed INVL Technology’s financial results for 2023

    Enlight Research published an analysis of the 2023 financial results of INVL Technology, a company that invests in IT businesses. The report by Enlight Research states that, due to the growth of its portfolio companies’ sales and EBIT (earnings before interest and taxes) in 2023, INVL Technology’s net asset value (NAV) per share increased by…

  • Enlight Research analysed INVL Technology’s financial results for 2023
    2024-04-24
    Enlight Research analysed INVL Technology’s financial results for 2023

    Enlight Research published an analysis of the 2023 financial results of INVL Technology, a company that invests in IT businesses. The report by Enlight Research states that, due to the growth of its portfolio companies’ sales and EBIT (earnings before interest and taxes) in 2023, INVL Technology’s net asset value (NAV) per share increased by…

  • News from INVL Technology managed companies: NRD Cyber Security’s growth shows an increasing demand for quality cybersecurity services
    2024-04-24
    News from INVL Technology managed companies: NRD Cyber Security’s growth shows an increasing demand for quality cybersecurity services

    NRD Cyber Security, which also owns NRD Bangladesh, had consolidated revenue of EUR 7.411 million in 2023, an increase of 21.9% from 2022. Its operating profit grew 77.1% last year to EUR 0.99 million as EBITDA rose 74.3% to EUR 1.14 million. According to Vilius Benetis, Director of NRD Cyber Security, the company’s growth is…

  • Presentation of INVL Technology
    2024-04-08
    Presentation of INVL Technology

    INVL Technology announces a presentation that will be used for the meetings with investors. Additional information: The equity and the net asset value of INVL Technology, a company that invests in IT businesses, amounted to EUR 43.53 million at the end of 2023, or EUR 3.6052 per share, and grew 13.7% during the year. The…

  • Announcement of the net asset value of INVL Technology as of 31 December 2023
    2024-04-08
    Announcement of the net asset value of INVL Technology as of 31 December 2023

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 43,528,832 or EUR 3.6052 per share on 31 December 2023.

  • Audited results of INVL Technology of 2023
    2024-04-08
    Audited results of INVL Technology of 2023

    The equity and the net asset value of INVL Technology amounted to EUR 43.53 million or EUR 3.6052 per share at the end of 2023, which is 13.7% more than a year earlier. The company had a net profit last year of EUR 5.2 million. The annual information is published in the European Single Electronic…

  • INVL Technology shareholders to vote on procedures for acquisition of own shares
    2024-04-08
    INVL Technology shareholders to vote on procedures for acquisition of own shares

    The shareholders of INVL Technology, a company that invests in IT businesses, will vote on procedures for the acquisition of own shares, the company’s operating results for 2023, and the distribution of profits. The annual general meeting of the company’s shareholders will be held on 30 April. The equity and the net asset value of…

  • INVL Technology’s net asset value rose to EUR 43.53 million
    2024-04-08
    INVL Technology’s net asset value rose to EUR 43.53 million

    The equity and the net asset value of INVL Technology, a company that invests in IT businesses, amounted to EUR 43.53 million at the end of 2023, or EUR 3.6052 per share, and grew 13.7% during the year. The company had a net profit of EUR 5.17 million last year, which is 2.4 times more…

  • Presentation of INVL Technology results for 2023
    2024-04-08
    Presentation of INVL Technology results for 2023
  • Convocation of the General Ordinary Shareholders Meeting of INVL Technology and draft resolutions on agenda issue
    2024-04-08
    Convocation of the General Ordinary Shareholders Meeting of INVL Technology and draft resolutions on agenda issue

    Special closed-end type private equity investment company INVL Technology, legal entity code 300893533, the registered address Gyneju Str. 14, Vilnius, Lithuania (hereinafter – “the Company” or “INVL Technology”), informs that on the initiative and decision of the management company UAB “INVL Asset Management” (hereinafter – “the Management Company”), the General Ordinary Shareholders Meeting (hereinafter –…

  • Information about shares issued by INVL Technology and votes granted
    2024-04-05
    Information about shares issued by INVL Technology and votes granted

    Please be informed, that on 2 April 2024 INVL Technology has transferred part of its shares – 1,308 units – to the employees of INVL Technology’s subsidiaries, who acquired the right to pre-empt realization of the option right under the basis and terms of signed option agreements. Considering this, INVL Technology hereby announces the data…

  • INVL Technology completed assessment of M&A intermediaries and chose a service provider
    2024-03-18
    INVL Technology completed assessment of M&A intermediaries and chose a service provider

    INVL Technology (hereinafter – the Company) gives notification that it has completed a selection process for potential providers of M&A intermediary services. Based on the main selection criteria, on 18 March 2024 the Company signed an agreement with a company of the Corum group, specifically, the Zurich branch of Luxembourg-based Corum Group International S.à.r.l., to…

  • INVL Technology hires Corum Group International to advise on sale of portfolio companies
    2024-03-18
    INVL Technology hires Corum Group International to advise on sale of portfolio companies

    INVL Technology, a company that invests in IT businesses, has chosen M&A intermediation service provider Corum Group’s Luxembourg-based unit, Corum Group International, to advise and serve as M&A intermediary on the sale of the company’s portfolio of businesses. INVL Technology, which is managed by INVL Asset Management, the leading alternative asset manager in the Baltics,…

  • Regarding the approval of INVL Technology prospectus
    2024-02-02
    Regarding the approval of INVL Technology prospectus

    INVL Technology (hereinafter – the Company) informs that under the provision of the Law on Collective Investment Undertakings of the Republic of Lithuania (hereinafter – CIU), the Company operating under the CIU is under an obligation to have a valid prospectus (hereinafter – the Prospectus) prepared in accordance with the requirements of the CIU or of the Law…

  • Information about shares issued by INVL Technology and votes granted
    2024-01-29
    Information about shares issued by INVL Technology and votes granted

    Please be informed, that on 26 January 2024 INVL Technology has transferred part of its shares – 286 units – to the employees of INVL Technology’s subsidiaries, who acquired the right to pre-empt realization of the option right under the basis and terms of signed option agreements. Considering this, INVL Technology hereby announces the data on…

  • Information from INVL Technology managed companies: Notification of the Novian group on the situation and business prospects of Novian Systems
    2024-01-11
    Information from INVL Technology managed companies: Notification of the Novian group on the situation and business prospects of Novian Systems

    The Novian group of IT service companies notes that one of its group companies, Novian Systems (hereinafter – the Company), on 26 May 2021 signed a contract with the Public Procurement Office of Lithuania for services to modernise the SAULĖ IS Central Public Procurement Information System (hereinafter – the Contract). The total value of the…

  • Novian group company to create rostering system for Brazilian air traffic controllers
    2024-01-05
    Novian group company to create rostering system for Brazilian air traffic controllers

    Novian Pro, a Lithuanian software development company that is part of the Novian IT group, will develop an information system for scheduling the work of Brazilian air traffic controllers. An agreement on the project has been signed with the Commission for the Implementation of the Brazilian Airspace Control System (CISCEA). The new system will be…

  • Elsis PRO changed its name to Novian PRO
    2023-12-19
    Elsis PRO changed its name to Novian PRO

    The software development company Elsis PRO has changed its name and will now be known as Novian PRO. The company’s new name reflects its activities – the provision of software development services – and the fact that it is part of the Novian information technology group. The company joined the Novian group, which provides software…

  • INVL Technology investor’s calendar for 2024
    2023-12-12
    INVL Technology investor’s calendar for 2024

    INVL Technology plans to publish information to investors in 2024 in accordance with the following calendar: 8 April 2024 – audited financial reports and annual report. 30 April 2024 – Net Asset Value and factsheet for 3 months of 2024. 27 August 2024 – Net Asset Value and semi-annual report of 2024. 30 October 2024…

  • INVL Technology results for 9 months of 2023
    2023-10-30
    INVL Technology results for 9 months of 2023

    Equity of the Company and the Company’s net asset value as of 30 September 2023 was EUR 37.81 million or EUR 3.13 per share. At the end of 2022, these figures were EUR 38.27 million and EUR 3.17 respectively. Investments of the Company into managed companies amounted to EUR 34.20 million at the end of September 2023 and…

  • Announcement of the net asset value of INVL Technology as of 30 September 2023
    2023-10-30
    Announcement of the net asset value of INVL Technology as of 30 September 2023

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 37,807,368 or EUR 3.1327 per share on 30 September 2023.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail [email protected]

  • Revenues of INVL Technology’s portfolio companies grew 28.5% to EUR 42.29 million
    2023-10-30
    Revenues of INVL Technology’s portfolio companies grew 28.5% to EUR 42.29 million

    The equity and the net asset value of INVL Technology, a company that invests in IT businesses, amounted to EUR 37.81 million at the end of the third quarter this year. Equity per share was EUR 3.1327. The figures decreased by 1.2% from the start of the year. INVL Technology had an unaudited loss of…

  • Information about shares issued by INVL Technology and votes granted
    2023-10-27
    Information about shares issued by INVL Technology and votes granted

    Please be informed, that on 25 October 2023 and on 26 October 2023 INVL Technology (hereinafter – the Issuer) has transferred part of its shares – 3,806 and 1,716 units – to the employees of INVL Technology’s subsidiaries, who acquired the right to pre-empt realization of the option right under the basis and terms of signed…

  • Novian group to be led by Tomas Vitkus
    2023-10-09
    Novian group to be led by Tomas Vitkus

    The Novian software and IT infrastructure services group will be led, as of 10 October, by Tomas Vitkus. The new CEO, who has more than 20 years of experience in the field of IT, will also become the CEO of Novian Systems, a software development company in the group. In both management roles he is…

  • Enlight Research on INVL Technology: Portfolio companies’ 6-month earnings exceeded expectations
    2023-10-02
    Enlight Research on INVL Technology: Portfolio companies’ 6-month earnings exceeded expectations

    Enlight Research has published an analysis of the financial results for the first half of 2023 of INVL Technology, a publicly listed company that invests in IT businesses. The report by Enlight Research states that the January-June revenues and profits of the businesses in INVL Technology’s portfolio were higher than analysts projected. The NAV discount…

  • Enlight Research on INVL Technology: Portfolio companies’ 6-month earnings exceeded expectations
    2023-10-02
    Enlight Research on INVL Technology: Portfolio companies’ 6-month earnings exceeded expectations

    Enlight Research has published an analysis of the financial results for the first half of 2023 of INVL Technology, a publicly listed company that invests in IT businesses. The report by Enlight Research states that the January-June revenues and profits of the businesses in INVL Technology’s portfolio were higher than analysts projected. The NAV discount…

  • News from INVL Technology managed companies: Novian’s revenue increased 27.6% in the first half of 2023 to EUR 18.5 million
    2023-09-13
    News from INVL Technology managed companies: Novian’s revenue increased 27.6% in the first half of 2023 to EUR 18.5 million

    The Novian software and IT infrastructure services group had aggregated revenue of EUR 18.5 million in the first half of 2023, an increase of 27.6% over the same period last year. The group’s EBITDA for the 6-month period was EUR 0.2 million and correspondingly grew 25.9%. There was an operating loss of EUR 0.3 million,…

  • News from INVL Technology managed companies: in the first half of 2023, NRD Companies expands its global footprint and reports significant revenue increase
    2023-09-11
    News from INVL Technology managed companies: in the first half of 2023, NRD Companies expands its global footprint and reports significant revenue increase

    NRD Companies, a global IT and consulting group of companies, specializing in governance and economic digital infrastructure development, has recently released its 2023 H1 report. The company’s consolidated revenue in 2023 H1 of €6.222 million was up 98% compared to 2022 H1. EBITDA (Earnings before interest, taxes, depreciation and amortization) increased to €567 thousand compared…

  • News from INVL Technology managed companies: NRD Cyber Security net profit increased by 49% in H1 of 2023
    2023-08-31
    News from INVL Technology managed companies: NRD Cyber Security net profit increased by 49% in H1 of 2023

    In the first half of this year, NRD Cyber ​​Security, a company that offers cybersecurity solutions, consulting, and other services, earned EUR 321,000 net profit, 49% more than during the same period in 2022. Company’s income in H1 of 2023 reached EUR 2,752, 14% more than in the first half 2022. Also, the share of…

  • Presentation of INVL Technology
    2023-08-28
    Presentation of INVL Technology

    INVL Technology announces a presentation that will be used for the meetings with investors. Additional information: As at end of June this year, the equity and net asset value of INVL Technology, a company that invests in IT businesses, amounted to EUR 37.9 million, while equity value per share was EUR 3.1409. These indicators have decreased by…

  • Announcement of the net asset value of INVL Technology as of 30 June 2023
    2023-08-28
    Announcement of the net asset value of INVL Technology as of 30 June 2023

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 37,906,286 or EUR 3.1409 per share on 30 June 2023. The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail [email protected]

  • INVL Technology results for 6 months of 2023
    2023-08-28
    INVL Technology results for 6 months of 2023

    Equity of the Company and the Company’s net asset value as of 30 June 2023 was EUR 37.9 million or EUR 3.14 per share. At the end of 2022, these figures were EUR 38.27 million and EUR 3.17 respectively. Investments of the Company into managed companies amounted to EUR 34.22 million at the end of June 2023 and…

  • INVL Technology’s business holdings revenue up 34% at EUR 29 million
    2023-08-28
    INVL Technology’s business holdings revenue up 34% at EUR 29 million

    As at end of June this year, the equity and net asset value of INVL Technology, a company that invests in IT businesses, amounted to EUR 37.9 million, while equity value per share was EUR 3.1409. These indicators have decreased by 0.95% since the beginning of the year. The company’s net loss in the first half of…

  • Presentation of INVL Technology preliminary results for 6 months of 2023
    2023-08-28
    Presentation of INVL Technology preliminary results for 6 months of 2023
  • News from INVL Technology managed companies: Novian revises the ownership structure of its businesses
    2023-07-05
    News from INVL Technology managed companies: Novian revises the ownership structure of its businesses

    The Novian group, which is owned and managed by INVL Technology, a company that invests in information technology businesses, has changed its internal structure. Novian Technologies signed an agreement with Novian to acquire 100% of the shares of Norway-registered Zissor AS (“Zissor”). In addition, Novian entered into an agreement with Novian Systems to acquire 100%…

  • Novian revises the ownership structure of its businesses
    2023-07-05
    Novian revises the ownership structure of its businesses

    The Novian information technology group is changing the ownership structure of its companies. Through transactions within the group, Novian Technologies has acquired the shares of Norway-based Zissor and will consolidate Novian’s digitization services businesses. Additionally, to optimize the capital structure and management of the group’s software development companies, the company Novian has acquired the shares of…

  • Novian digitization service companies get new managers
    2023-07-03
    Novian digitization service companies get new managers

    The Novian software and IT infrastructure services group is strengthening its digitization business. Artūras Milašauskas has assumed the leadership of Zissor, the Norway-based provider of media monitoring software and digitization services. He will also work as Innovation Manager of Novian Technologies. Ove Dirdal, who led Zissor, has retired. In June, Asta Urmanavičienė, an experienced manager…

  • INVL Technology shareholders approved employee stock option terms
    2023-06-06
    INVL Technology shareholders approved employee stock option terms

    The shareholders of INVL Technology, a company that invests in IT businesses, approved at a meeting on 6 June the terms and conditions of stock options for employees of the businesses it owns. Under these terms and conditions, option agreements will be signed with employees of the company’s subsidiaries in 2023, on the basis of…

  • News from INVL Technology managed companies: Novian’s revenue grew 28% in 2022 to EUR 33 million
    2023-06-05
    News from INVL Technology managed companies: Novian’s revenue grew 28% in 2022 to EUR 33 million

    The Novian software and IT infrastructure services group had aggregated revenue of EUR 33 million in 2022, which is 27.9% more than the previous year. The group’s EBITDA for the year was EUR 1.5 million and compared to 2021 contracted 11.8%. There was an operating profit of EUR 0.5 million, which is 39.9% less than…

  • Convocation of the General Extraordinary Shareholders Meeting of INVL Technology on 6th of June, 2023 and draft resolutions on agenda issue
    2023-05-15
    Convocation of the General Extraordinary Shareholders Meeting of INVL Technology on 6th of June, 2023 and draft resolutions on agenda issue

    Special closed-end type private equity investment company INVL Technology, legal entity code 300893533, the registered address Gyneju Str. 14, Vilnius, Lithuania (hereinafter – “the Company” or “INVL Technology”), informs that on the initiative and decision of the management company UAB “INVL Asset Management” (hereinafter – “the Management Company”), the General Extraordinary Shareholders Meeting (hereinafter –…

  • INVL Technology shareholders will vote on approving stock option terms
    2023-05-15
    INVL Technology shareholders will vote on approving stock option terms

    The shareholders of INVL Technology, a company that invests in IT businesses, will vote at a meeting on 6 June on approving the terms and conditions of stock options for employees of the businesses it owns. Proposals submitted to the extraordinary general meeting of INVL Technology’s shareholders envisage the signing of option agreements with employees…

  • NRD Companies Reports Revenue Increase In 2022
    2023-05-09
    NRD Companies Reports Revenue Increase In 2022

    In 2022, NRD Companies concentrated its efforts on offering consulting services and implementing digital solutions in he Caribbean, Central American and African regions while seeing an uptick in its global brand recognition.  May 9th, 2023. NRD Companies, a global IT and consulting group of companies, specializing in governance and economic digital infrastructure development, and the…

  • News from INVL Technology managed companies: NRD Companies Reports Revenue Increase In 2022
    2023-05-09
    News from INVL Technology managed companies: NRD Companies Reports Revenue Increase In 2022

    In 2022, NRD Companies concentrated its efforts on offering consulting services and implementing digital solutions in the Caribbean, Central American and African regions while seeing an uptick in its global brand recognition. NRD Companies, a global IT and consulting group of companies, specializing in governance and economic digital infrastructure development, and the provisioning of subject…

  • INVL Technology’s business holdings have revenue growth up by a quarter
    2023-04-28
    INVL Technology’s business holdings have revenue growth up by a quarter

    The equity and the net asset value of INVL Technology, a company that invests in IT businesses, amounted to EUR 37.9 million at the end of March this year. Equity per share was EUR 3.1402. The figures were slightly (0.97%) lower than at the start of the year. INVL Technology had a EUR 373,000 loss…

  • INVL Technology shareholders approve procedures for acquisition of own shares
    2023-04-28
    INVL Technology shareholders approve procedures for acquisition of own shares

    The shareholders of INVL Technology, a company that invests in IT businesses, approved procedures for the company’s acquisition of its own shares. At their annual general meeting on 28 April, the company’s shareholders also approved the company’s financial statements for 2022 and voted on the distribution of profits. For purchasing its own shares, INVL Technology…

  • Announcement of the net asset value of INVL Technology as of 31 March 2023
    2023-04-28
    Announcement of the net asset value of INVL Technology as of 31 March 2023

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 37,897,611 or EUR 3.1402 per share on 31 March 2023.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail [email protected]

  • INVL Technology Interim information for 3 months of 2023
    2023-04-28
    INVL Technology Interim information for 3 months of 2023

    Equity of INVL Technology and the Company’s net asset value as of 31 March 2023 was EUR 37.90 million or EUR 3.1402 per share (31 December 2022 these figures were EUR 38.27 million and EUR 3.1711 respectively). Investments of the Company into managed companies amounted to EUR 34.70 million at the end of March 2023…

  • Resolutions of the General Ordinary Shareholders Meeting of INVL Technology
    2023-04-28
    Resolutions of the General Ordinary Shareholders Meeting of INVL Technology

    The resolutions of the General Ordinary Shareholders Meeting (hereinafter – “the Meeting“) of special closed-ended type private equity investment company INVL Technology (hereinafter – “the Company”) that was held on 28 April 2023: 1. Presentation of the Company‘s annual report for 2022 1.1. Shareholders of the Company were presented with the annual report of the Company…

  • Enlight Research analyses INVL Technology’s financial results for 2022
    2023-04-26
    Enlight Research analyses INVL Technology’s financial results for 2022

    Enlight Research published an analysis of the 2022 financial results of INVL Technology, a publicly listed company that invests in IT businesses. “The portfolio companies’ revenues and profits were significantly above estimates. The external valuation of the portfolio companies is too low in our view. The NAV discount is at historical highs. We raise our…

  • Enlight Research analyses INVL Technology’s financial results for 2022
    2023-04-26
    Enlight Research analyses INVL Technology’s financial results for 2022

    Enlight Research published an analysis of the 2022 financial results of INVL Technology, a publicly listed company that invests in IT businesses. “The portfolio companies’ revenues and profits were significantly above estimates. The external valuation of the portfolio companies is too low in our view. The NAV discount is at historical highs. We raise our…

  • News on companies INVL Technology owns: Novian Technologies acquired Rwanda-based Norway Registers Development Rwanda Ltd. from NRD Companies
    2023-04-19
    News on companies INVL Technology owns: Novian Technologies acquired Rwanda-based Norway Registers Development Rwanda Ltd. from NRD Companies

    Novian Technologies, a part of the Novian group which INVL Technology owns, signed an agreement with NRD Companies to acquire 100% of the shares of Rwanda-based Norway Registers Development Rwanda Ltd. (NRD Rwanda). The transaction aims to optimise asset utilisation and operating efficiency at the companies and will not currently affect the overall value of…

  • Novian Technologies strengthens its position in Rwanda
    2023-04-19
    Novian Technologies strengthens its position in Rwanda

    The IT services group Novian added a company in Africa to its technologies business area. On 18 April this year, a share purchase and sale agreement was signed according to which the company Novian Technologies acquired Rwanda-based Norway Registers Development Rwanda Ltd. (NRD Rwanda) from NRD Companies, an international IT and consulting group of companies….

  • NRD Cyber Security‘s income grew by 13% giving an increased gross profit of 27% in 2022
    2023-04-18
    NRD Cyber Security‘s income grew by 13% giving an increased gross profit of 27% in 2022

    NRD Cyber Security, a cybersecurity consulting and technology implementation company, increased its revenue by 13% to €6.08 million in 2022, compared to €5.37 million in 2021. The company’s gross profit in 2022 was €2.98 million, an increase of 27% on the previous year. Operating profits stood at €0.56 million, down 8% from 2021. NRD Cyber…

  • News from INVL Technology managed companies: NRD Cyber Security‘s income grew by 13% giving an increased gross profit of 27% in 2022
    2023-04-18
    News from INVL Technology managed companies: NRD Cyber Security‘s income grew by 13% giving an increased gross profit of 27% in 2022

    NRD Cyber Security, a cybersecurity consulting and technology implementation company, increased its revenue by 13% to €6.08 million in 2022, compared to €5.37 million in 2021. The company’s gross profit in 2022 was €2.98 million, an increase of 27% on the previous year. Operating profits stood at €0.56 million, down 8% from 2021. NRD Cyber…

  • Information about shares issued by INVL Technology and votes granted
    2023-04-11
    Information about shares issued by INVL Technology and votes granted

    Please be informed, that on 11 April 2023 INVL Technology (hereinafter – the Issuer) has transferred part of its shares – 25 units – to the employees of INVL Technology’s subsidiaries, who acquired the right to pre-empt realization of the option right under the basis and terms of signed option agreements. Considering this, the Issuer…

  • Convocation of the General Ordinary Shareholders Meeting of INVL Technology and draft resolutions on agenda issue
    2023-04-06
    Convocation of the General Ordinary Shareholders Meeting of INVL Technology and draft resolutions on agenda issue

    Special closed-end type private equity investment company INVL Technology, legal entity code 300893533, the registered address Gyneju Str. 14, Vilnius, Lithuania (hereinafter – “the Company” or “INVL Technology”), informs that on the initiative and decision of the management company UAB “INVL Asset Management” (hereinafter – “the Management Company”), the General Extraordinary Shareholders Meeting (hereinafter –…

  • Presentation of INVL Technology
    2023-04-06
    Presentation of INVL Technology

    INVL Technology announces a presentation that will be used for the meetings with investors. Additional information: The equity and the net asset value of INVL Technology, a company that invests in IT businesses, amounted to EUR 38.27 million at the end of 2022 and grew 5.9% during the year. Equity per share, which increased the…

  • Announcement of the net asset value of INVL Technology as of 31 December 2022
    2023-04-06
    Announcement of the net asset value of INVL Technology as of 31 December 2022

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 38,270,309 or EUR 3.1711 per share on 31 December 2022.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail [email protected]

  • Audited results of INVL Technology of 2022
    2023-04-06
    Audited results of INVL Technology of 2022

    INVL Technology had equity of EUR 38.27 million at the end of 2022, which is 5,9 % more than a year earlier. Equity per share at the end of 2022 was EUR 3.1711 and increased 5.9% in the year. The company had a net profit last year of EUR 2.1 million. The annual information is…

  • INVL Technology shareholders to vote on procedures for acquisition of own shares
    2023-04-06
    INVL Technology shareholders to vote on procedures for acquisition of own shares

    It is proposed that the shareholders of INVL Technology, a company that invests in IT businesses, approve the operating results for 2022, distribute profits, and endorse procedures for the acquisition of own shares. Voting on these and other issues will take place at the annual general meeting of the company’s shareholders on 28 April. INVL…

  • Presentation of INVL Technology results for 2022
    2023-04-06
    Presentation of INVL Technology results for 2022
  • INVL Technology’s net asset value rose to EUR 38.27 million
    2023-04-06
    INVL Technology’s net asset value rose to EUR 38.27 million

    The equity and the net asset value of INVL Technology, a company that invests in IT businesses, amounted to EUR 38.27 million at the end of 2022 and grew 5.9% during the year. Equity per share, which increased the same percentage in the year, was EUR 3.17 at the end of 2022. The company had…

  • Following a comprehensive review by a panel of experts, Belize’s recently launched Online Business Registry System (OBRS) has been selected as a WSIS Prize 2023 Champion
    2023-03-16
    Following a comprehensive review by a panel of experts, Belize’s recently launched Online Business Registry System (OBRS) has been selected as a WSIS Prize 2023 Champion

    In its 8th edition, the World Summit on the Information Society Forum (WSIS) organized by the International Telecommunication Union (ITU) and its 193 Member States recently held their WSIS Prizes contest. Belize’s Online Business Registry System (OBRS) which went live on November 28, 2022 was selected this year as a WSIS Prize 2023 Champion in…

  • Correction: Regarding the approval of INVL Technology prospectus
    2023-03-13
    Correction: Regarding the approval of INVL Technology prospectus

    The date of preparation of the first edition of the prospectus of INVL Technology is corrected. INVL Technology (hereinafter – the Company) informs that under the provision of the Law on Collective Investment Undertakings of the Republic of Lithuania (hereinafter – CIU), the Company operating under the CIU is under an obligation to have a valid prospectus…

  • Regarding the approval of INVL Technology prospectus on 8th of March, 2023
    2023-03-10
    Regarding the approval of INVL Technology prospectus on 8th of March, 2023

    INVL Technology (hereinafter – the Company) informs that under the provision of the Law on Collective Investment Undertakings of the Republic of Lithuania (hereinafter – CIU), the Company operating under the CIU is under an obligation to have a valid prospectus (hereinafter – the Prospectus) prepared in accordance with the requirements of the CIU or of the Law…

  • INVL Technology received permission to change the Articles of Association (28th of February, 2023)
    2023-02-28
    INVL Technology received permission to change the Articles of Association (28th of February, 2023)

    On 28 February 2023, INVL Technology (hereinafter – “the Company“) received a notification from the Bank of Lithuania informing that the Company was allowed to change the Articles of Association of the Company. On 20 February 2023, a new wording of the Articles of Association of the Company was registered in the Register of Legal…

  • Elsis PRO to be merged into Novian Systems
    2023-02-23
    Elsis PRO to be merged into Novian Systems

    The IT services group Novian is consolidating its software development capabilities. The group’s software service providers Novian Systems and Elsis PRO will be merged and continue as Novian Systems. The decision to merge the companies was approved by the Investment Committee of INVL Technology, which owns the Novian group, on 19 January. As per that…

  • News from INVL Technology managed companies: Notice on the terms of the reorganisation of Novian Systems UAB and ELSIS PRO UAB
    2023-02-23
    News from INVL Technology managed companies: Notice on the terms of the reorganisation of Novian Systems UAB and ELSIS PRO UAB

    In accordance with Article 65(1) of the Republic of Lithuania Law on Companies, Novian Systems UAB ir ELSIS PRO UAB, managed by INVL Technology, hereby notify of the terms of the reorganisation of Novian Systems UAB, code: 125774645, registered office address: Vilnius, Gynėjų Str. 14, and ELSIS PRO UAB, code: 300064148, registered office address: Vilnius,…

  • The new wording of the Articles of Association of INVL Technology was registered on 20th of February, 2023
    2023-02-20
    The new wording of the Articles of Association of INVL Technology was registered on 20th of February, 2023

    INVL Technology (hereinafter – “the Company“) informs that on 20 February 2023 a new wording of the Articles of Association of the Company was registered in the Register of Legal Entities. The new wording of the Articles of Association was approved on 6 February 2023 during the General Shareholders Meeting. According to the provisions of legal acts,…

  • INVL Technology signed the amendment of the Depository Services Agreement on 7th of February, 2023
    2023-02-07
    INVL Technology signed the amendment of the Depository Services Agreement on 7th of February, 2023

    Based on the resolutions of the Extraordinary General Shareholders meeting of INVL Technology that was held on 6 February 2023, the Company informs that on 7 February 2023 the amendment of the Depository Services Agreement with AB SEB bankas was signed. The amendment was made according to the agreement on a 0.02 percentage point lower…

  • Stock option terms amended for employees of INVL Technology companies
    2023-02-06
    Stock option terms amended for employees of INVL Technology companies

    The shareholders of INVL Technology, a company that invests in IT businesses, approved on Monday amended stock option terms and conditions for employees of businesses it owns. Employees of INVL Technology subsidiaries NRD CS, NRD Companies, and Novian now have a right to acquire, free of charge or for a symbolic price of 1 euro,…

  • Resolutions of the General Extraordinary Shareholders Meeting of INVL Technology (6th February, 2023)
    2023-02-06
    Resolutions of the General Extraordinary Shareholders Meeting of INVL Technology (6th February, 2023)

    The resolutions of the General Extraordinary Shareholders Meeting (hereinafter – “the Meeting“) of special closed-ended type private equity investment company INVL Technology (hereinafter – “the Company”) that was held on 6 February 2023: 1.  Regarding approval of an amendment to stock option terms and conditions. 1.1. To amend section 1.3 of the resolution of the Extraordinary General…

  • NRD Companies Announces Management Changes to Solidify Position as Trusted Solutions Provider
    2023-02-01
    NRD Companies Announces Management Changes to Solidify Position as Trusted Solutions Provider

    NRD Companies announces structural changes and new appointments aimed at solidifying the group’s position as a trusted advisor and solutions provider in its target industries, strengthening its ability to better address customer needs and deliver strategic industry-specific IT solutions and services to markets worldwide. Changes at NRD Companies February 1st, 2023, Vilnius, Lithuania. NRD Companies,…

  • Belize Transforms Business Environment By Digitizing Its Business Registry
    2023-01-24
    Belize Transforms Business Environment By Digitizing Its Business Registry

    Belize’s recently launched Online Business Registry System (OBRS) allows for the digital registration and maintenance of all companies (both foreign and domestic) via a single unified platform. On November 28, 2022, Belize’s Financial Services Commission (FSC) announced that the Online Business Registry System (OBRS) has gone live. The solution, based on NRD Companies‘ Unified Registry…

  • NRD Companies Encourages Leaders To Recharge
    2023-01-19
    NRD Companies Encourages Leaders To Recharge

    The Christmas and New Year season is behind us but NRD Companies, a global IT and consulting group of companies, specializing in governance and economic digital infrastructure development, had a little surprise up its sleeve. As a company with the principles of sustainability high on its internal and external agendas, a decision was made to…

  • INVL Technology’s shareholders will vote on amending stock option terms
    2023-01-13
    INVL Technology’s shareholders will vote on amending stock option terms

    The shareholders of INVL Technology, a company that invests in IT businesses, will vote on amending stock option terms and conditions. INVL Technology’s companies have offered an options programme as an employee incentive measure since 2020. An extraordinary general meeting of INVL Technology shareholders is planned on 6th February. It is being proposed that shareholders…

  • Convocation of the General Extraordinary Shareholders Meeting of INVL Technology on 6th of February, 2023 and draft resolutions on agenda issue
    2023-01-13
    Convocation of the General Extraordinary Shareholders Meeting of INVL Technology on 6th of February, 2023 and draft resolutions on agenda issue

    Special closed-end type private equity investment company INVL Technology, legal entity code 300893533, the registered address Gyneju Str. 14, Vilnius, Lithuania (hereinafter – “the Company” or “INVL Technology”), informs that on the initiative and decision of the management company UAB “INVL Asset Management” (hereinafter – “the Management Company”), the General Extraordinary Shareholders Meeting (hereinafter –…

  • Regarding the approval of INVL Technology prospectus on 22nd of December 2022
    2022-12-27
    Regarding the approval of INVL Technology prospectus on 22nd of December 2022

    INVL Technology (hereinafter – the Company) informs that under the provision of the Law on Collective Investment Undertakings of the Republic of Lithuania (hereinafter – CIU), the Company operating under the CIU is under an obligation to have a valid prospectus (hereinafter – the Prospectus) prepared in accordance with the requirements of the CIU or…

  • INVL Technology investor’s calendar for 2023
    2022-12-27
    INVL Technology investor’s calendar for 2023

    Other information INVL Technology plans to publish information to investors in 2023 in accordance with the following calendar: 6 April 2023 – audited financial reports and annual report.28 April 2023 – Net Asset Value and factsheet for 3 months of 2023.28 August 2023 – Net Asset Value and semi–annual report of 2023.30 October 2023 –…

  • Business Registration is Now Digital in Belize
    2022-12-18
    Business Registration is Now Digital in Belize

    The Financial Services Commission (FSC) is pleased to announce that the Belize Companies and Corporate Affairs Registry’s (BCCAR) Online Business Registry System (OBRS) is now live! All registry services under the Business Name Act Cap. 247, Belize Companies Act No. 11 of 2022 and Limited Liability Partnerships Act Cap. 258 are now digital and can…

  • The EU Court of Justice Prohibits Public Access to the Ultimate Beneficiaries’ Ownership Data
    2022-11-23
    The EU Court of Justice Prohibits Public Access to the Ultimate Beneficiaries’ Ownership Data

    Breaking news: on the 22nd of November, 2022, the EU Court of Justice said: a register containing the personal data of business owners (beneficiaries register) and made available to the public violates the fundamental right to privacy and protection of personal data. Here is what you need to know: The EU Court of Justice invalidated…

  • Trinidad and Tobago Modernizing Its Tax Payment Ecosystem
    2022-11-14
    Trinidad and Tobago Modernizing Its Tax Payment Ecosystem

    The country is moving towards the introduction of online payments for the collection of taxes Trinidad and Tobago is a Caribbean country located in the south-eastern West Indies with a population of approximately 1.4 Mln. The country’s Ministry of Finance aims to increase accessibility and improve the ease of honoring tax obligations for people and…

  • INVL Technology’s net asset value rose to EUR 37.35 million
    2022-10-31
    INVL Technology’s net asset value rose to EUR 37.35 million

    INVL Technology, a company that invests in IT businesses, had an equity and net asset value of EUR 37.35 million at the end of the third quarter this year, or EUR 3.0948 per share. The figures were up 3.4% from the start of the year. INVL Technology’s net profit for the first nine months of…

  • Announcement of the net asset value of INVL Technology as of 30 September 2022
    2022-10-31
    Announcement of the net asset value of INVL Technology as of 30 September 2022

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 37,349,070 or EUR 3.0948 per share on 30 September 2022. The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail [email protected]

  • INVL Technology results for 9 months of 2022
    2022-10-31
    INVL Technology results for 9 months of 2022

    Equity of the Company and the Company’s net asset value as of 30 September 2022 was EUR 37.35 million or EUR 3.09 per share. At the end of 2021, these figures were EUR 36.13 million and EUR 2.99 respectively. Investments of the Company into managed companies amounted to EUR 33.91 million at the end of September 2022 and…

  • Information about shares issued by INVL Technology and votes granted on 27th of September 2023
    2022-09-29
    Information about shares issued by INVL Technology and votes granted on 27th of September 2023

    Please be informed, that on 27 September 2022 INVL Technology (hereinafter – the Issuer) has transferred part of its shares – 139 units to the employees of INVL Technology’s subsidiaries, who acquired the right to pre-empt realization of the option right under the basis and terms of signed option agreements. Considering this, the Issuer hereby…

  • In the first half of 2022, NRD Companies continues to lead multi-level digital transformation projects around the world
    2022-09-15
    In the first half of 2022, NRD Companies continues to lead multi-level digital transformation projects around the world

    September 15, 2022. NRD Companies, a global group of information technology companies, specializing in the creation of GovTech and FinTech solutions and the provisioning of subject matter consultancy services, has recently released its H1 2022 report. The group’s revenue in the first half of 2022 decreased by 6 percent, compared to the same period in 2021…

  • Novian’s revenue grew 25.5% to EUR 14.5 million
    2022-09-12
    Novian’s revenue grew 25.5% to EUR 14.5 million

    The Novian software and IT infrastructure services group had aggregated revenue of EUR 14.5 million in the first half of this year, or 25.5% more than in the same period of 2021. The group’s EBITDA in the reporting period was EUR 0.16 million and contracted 81.7% year-on-year. There was an operating loss of EUR 0.34…

  • NRD Cyber Security revenue increased by 22% in the first half of 2022
    2022-08-31
    NRD Cyber Security revenue increased by 22% in the first half of 2022

    NRD Cyber Security’s revenue for the first half of this year amounted to €2.421M an increase of 22% on the same period in 2021. The company’s EBIT totalled  €217,000, which is 50.8% lower than in the same period last year. The biggest impact on the net profit results of the NRD CS, a cybersecurity consulting,…

  • Information about shares issued by INVL Technology and votes granted (31st August, 2022)
    2022-08-31
    Information about shares issued by INVL Technology and votes granted (31st August, 2022)

    Please be informed, that on 31 August 2022 INVL Technology (hereinafter – the Issuer) has transferred part of its shares – 120 units to the employees of INVL Technology’s subsidiaries, who acquired the right to pre-empt realization of the option right under the basis and terms of signed option agreements. Considering this, the Issuer hereby…

  • INVL Technology increased its net asset value to EUR 37.4 million
    2022-08-26
    INVL Technology increased its net asset value to EUR 37.4 million

    The equity and net asset value of INVL Technology, a company that invests in IT businesses, were EUR 37.432 million, or EUR 3.1017 per share, at the end of June this year. The figures rose 3.6% from the start of the year. INVL Technology’s net profit in the first half of 2022 was EUR 1.277…

  • INVL Technology results for 6 months of 2022
    2022-08-26
    INVL Technology results for 6 months of 2022

    Equity of the Company and the Company’s net asset value as of 30 June 2022 was EUR 37.43 million or EUR 3.10 per share. At the end of 2021, these figures were EUR 36.13 million and EUR 2.99 respectively. Investments of the Company into managed companies amounted to EUR 33.86 million at the end of June 2022 and…

  • Presentation of INVL Technology for 6 months of 2022
    2022-08-26
    Presentation of INVL Technology for 6 months of 2022

    INVL Technology announces a presentation that will be used for the meetings with investors. Additional information: The equity and net asset value of INVL Technology, a company that invests in IT businesses, were EUR 37.432 million, or EUR 3.1017 per share, at the end of June this year. The figures rose 3.6% from the start…

  • Announcement of the net asset value of INVL Technology as of 30 June 2022
    2022-08-26
    Announcement of the net asset value of INVL Technology as of 30 June 2022

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 37,431,916 or EUR 3.1017 per share on 30 June 2022. The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail [email protected]

  • Information about shares issued by INVL Technology and votes granted on 29 of June, 2022
    2022-06-29
    Information about shares issued by INVL Technology and votes granted on 29 of June, 2022

    Please be informed, that on 29 June 2022 INVL Technology (hereinafter – the Issuer) has transferred part of its shares – 174 units to the employees of INVL Technology’s subsidiaries, who acquired the right to pre-empt realization of the option right under the basis and terms of signed option agreements. Considering this, the Issuer hereby…

  • News from INVL Technology managed companies: “Andmevara Services” becomes “Novian Eesti” with a focus on integrated IT services and digitization
    2022-06-08
    News from INVL Technology managed companies: “Andmevara Services” becomes “Novian Eesti” with a focus on integrated IT services and digitization

    Effective 7 June, the Estonian IT company Andmevara Services OÜ has changed its name to Novian Eesti OÜ. Acting under the name of the Novian international software development and IT infrastructure services group, the company continues to provide IT infrastructure and digitization services and also represents the group’s other IT services and solutions. At the…

  • “Andmevara Services” becomes “Novian Eesti” with a focus on integrated IT services and digitization
    2022-06-08
    “Andmevara Services” becomes “Novian Eesti” with a focus on integrated IT services and digitization

    Effective 7 June, the Estonian IT company Andmevara Services OÜ has changed its name to Novian Eesti OÜ. Acting under the name of the Novian international software development and IT infrastructure services group, the company continues to provide IT infrastructure and digitization services and also represents the group’s other IT services and solutions. At the…

  • News from INVL Technology managed companies: Novian has made full settlement for Elsis PRO acquisition
    2022-05-26
    News from INVL Technology managed companies: Novian has made full settlement for Elsis PRO acquisition

    The Novian software and IT infrastructure services group, managed by INVL Technology, has made full settlement in the transaction to acquire the software services company Elsis PRO. It did so on 26 May this year, as per the agreements on the purchase and sale of the shares of Elsis PRO. The final value of the…

  • Novian has made full settlement for Elsis PRO acquisition
    2022-05-26
    Novian has made full settlement for Elsis PRO acquisition

    The Novian software and IT infrastructure services group has made full settlement in the transaction to acquire the software services company Elsis PRO. It did so on 26 May this year, as per the agreements on the purchase and sale of the shares of Elsis PRO. The final value of the deal, at EUR 1.865…

  • Novian enlarged its technological and business area expertise and operating geography
    2022-05-19
    Novian enlarged its technological and business area expertise and operating geography

    The Novian software services and IT infrastructure group had aggregated revenue of EUR 25.8 million in 2021, or 7.1% more than in 2020. The group’s EBITDA was EUR 1.7 million and compared to 2020 contracted 3.5%, while its operating profit was EUR 0.81 million and decreased 18.3%. “Last year was a year of growth for…

  • Enlight Research analysis on financial results of INVL Technology for the 4th quarter of 2021: cybersecurity going strong
    2022-05-06
    Enlight Research analysis on financial results of INVL Technology for the 4th quarter of 2021: cybersecurity going strong

    The investment research firm Enlight Research has published an analysis of the financial results of the listed private equity fund INVL Technology for the 4th quarter of 2021. The report notes that NRD Companies and the Novian business area had a challenging 2021, while the Cybersecurity business area posted a record year. „The Cybersecurity business…

  • Enlight Research report on financial results of INVL Technology for the 4th quarter of 2021: cybersecurity going strong
    2022-05-06
    Enlight Research report on financial results of INVL Technology for the 4th quarter of 2021: cybersecurity going strong

    The investment research firm Enlight Research has published an analysis of the financial results of the listed private equity fund INVL Technology for the 4th quarter of 2021. The report notes that NRD Companies and the Novian business area had a challenging 2021, while the Cybersecurity business area posted a record year. „The Cybersecurity business…

  • News from INVL Technology managed companies: NRD Companies Overcomes A Challenging Year 2021 And Maintains Its Leadership Position In The Registries Market
    2022-05-03
    News from INVL Technology managed companies: NRD Companies Overcomes A Challenging Year 2021 And Maintains Its Leadership Position In The Registries Market

    NRD Companies, a global group of information technology companies, specializing in the creation of GovTec and FinTech solutions and the provisioning of subject matter consultancy services, has recently released its 2021 annual report. The company’s revenue in 2021 of €6.35 million was only slightly down (9.2%) from 2020. EBITDA was €368 thousand compared to €602…

  • Information about shares issued by INVL Technology and votes granted on 28th of April, 2022
    2022-05-02
    Information about shares issued by INVL Technology and votes granted on 28th of April, 2022

    Please be informed, that on 28 April 2022 INVL Technology (hereinafter – the Issuer) has transferred part of its shares – 128 units – to the employees of INVL Technology’s subsidiaries, who acquired the right to pre-empt realization of the option right under the basis and terms of signed option agreements. Considering this, the Issuer…

  • Audited annual information of INVL Technology for 2021
    2022-04-29
    Audited annual information of INVL Technology for 2021

    We hereby announce the audited annual information with the confirmation of responsible persons and remuneration report, and Audit Committee report of INVL Technology for the year 2021. The person authorized to provide additional information: INVL Technology Managing Partner Kazimieras Tonkūnas E-mail [email protected] Attachments: Audit Committee report.pdf INVLTechnology_annualreport2021.xhtml

  • Announcement of net asset value of INVL Technology on 31 March 2022
    2022-04-29
    Announcement of net asset value of INVL Technology on 31 March 2022

    The net asset value of INVL Technology, as provided in the Articles of Association section XII 'Valuation of assets of the company and calculation of the net asset value’, amounted to EUR 36,818,072 or EUR 3.0509 per share on 31 March 2022. The person authorized to provide additional information: INVL Technology Managing Partner Kazimieras Tonkūnas…

  • The resolutions of the Ordinary General Shareholders Meeting of INVL Technology (29th of April, 2022)
    2022-04-29
    The resolutions of the Ordinary General Shareholders Meeting of INVL Technology (29th of April, 2022)

    The resolutions of the Ordinary General Shareholders Meeting of the INVL Technology held on 29 April 2022: 1. Presentation of the Company‘s annual report for 2021 1.1. Shareholders of the Company are presented with the annual report of the Company for 2021 (attached) (there is no voting on this issue of agenda). 2. Presentation of…

  • INVL Technology’s equity grew 1.9% in the first quarter to EUR 36.8 million
    2022-04-29
    INVL Technology’s equity grew 1.9% in the first quarter to EUR 36.8 million

    INVL Technology, a company that invests in IT businesses, had equity of EUR 36.818 million at the end of the first quarter of 2022, or EUR 3.0509 per share, an increase of 1.9% from the start of the year. The company’s net profit for the quarter was EUR 0.7 million, which is 7.3% more than…

  • INVL Technology Interim information for 3 months of 2022
    2022-04-29
    INVL Technology Interim information for 3 months of 2022

    Equity of INVL Technology and the Company’s net asset value as of 31 March 2022 was EUR 36,82 million or EUR 3.0509 per share (31 December 2021 these figures were EUR 36,21 million and EUR 2.9936 respectively). Investments of the Company into managed companies amounted to EUR 35,01 million at the end of March 2022…

  • News from INVL Technology managed companies: NRD Cyber Security revenue grew 66% in 2021
    2022-04-21
    News from INVL Technology managed companies: NRD Cyber Security revenue grew 66% in 2021

    Cybersecurity consulting and technology development company NRD Cyber Security reported revenue of EUR 5.37 million in 2021, an increase of 66 % compared to 2020 revenue of EUR 3.23 million. According to the audited data, NRD Cyber Security also generated a net profit of EUR 603,000 last year, an increase of 88 % compared to…

  • Regarding the supplement of the agenda and proposed draft resolutions of the Ordinary General Meeting of Shareholders of INVL Technology (13th of April, 2022)
    2022-04-13
    Regarding the supplement of the agenda and proposed draft resolutions of the Ordinary General Meeting of Shareholders of INVL Technology (13th of April, 2022)

    Special closed-ended type private equity investment company INVL Technology, legal entity code 300893533, the registered address Gyneju str. 14 Vilnius, Lithuania (hereinafter – “the Company” or “ INVL Technology”), informs that on the initiative and decision of management company UAB „INVL Asset Management“ (hereinafter – “the Management Company“) the agenda of the General Ordinary Shareholders Meeting (hereinafter-…

  • Convocation of the General Ordinary Shareholders Meeting of INVL Technology on 29th of April 2022 and draft resolutions on agenda issue
    2022-04-07
    Convocation of the General Ordinary Shareholders Meeting of INVL Technology on 29th of April 2022 and draft resolutions on agenda issue

    Special closed-ended type private equity investment company INVL Technology, legal entity code 300893533, the registered address Gyneju str. 14 Vilnius, Lithuania (hereinafter – “the Company” or “INVL Technology”), informs that on the initiative and decision of the management company UAB „INVL Asset Management“ (hereinafter – “the Management Company“), the General Ordinary Shareholders Meeting (hereinafter- “the…

  • Announcement of the net asset value of INVL Technology as of 31 December 2021
    2022-04-06
    Announcement of the net asset value of INVL Technology as of 31 December 2021

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 36 125 378 or EUR 2.9936 per share on 31 December 2021. The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail [email protected]  

  • INVL Technology had a net profit of EUR 2.6 million in 2021
    2022-04-06
    INVL Technology had a net profit of EUR 2.6 million in 2021

    INVL Technology, a company that invests in IT businesses, had equity of EUR 36.125 million at the end of 2021, which is 7.1% more than a year earlier. Equity per share at the end of 2021 was EUR 2.9936 and, taking the buy-back of own shares into account, increased 8.1% in the year. The company…

  • Audited results of INVL Technology for 2021
    2022-04-06
    Audited results of INVL Technology for 2021

    INVL Technology had equity of EUR 36.125 million at the end of 2021, which is 7.1% more than a year earlier. Equity per share at the end of 2021 was EUR 2.9936 and, taking the buy-back of own shares into account, increased 8.1% in the year. The company had a net profit last year of…

  • Information about shares issued by INVL Technology and votes granted on 4th of March 2022
    2022-03-04
    Information about shares issued by INVL Technology and votes granted on 4th of March 2022

    Please be informed, that on 4 March 2022 INVL Technology (hereinafter – the Issuer) has transferred part of its shares – 116 – units to the employees of INVL Technology’s subsidiaries, who acquired the right to pre-empt realization of the option right under the basis and terms of signed option agreements. Considering this, the Issuer…

  • Notification about disposal of votes (only directly owned votes) and acquisition of votes
    2022-01-14
    Notification about disposal of votes (only directly owned votes) and acquisition of votes

    The company has received notifications about disposal of votes (only directly owned votes) and acquisition of votes. The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INC1L_disposal of voting rights by Invalda INVL_2022 01 14 INVL Technology_acquisition of voting rights_INVL Life_2022 01 14

  • Notification on transactions in the issuer’s securities (14th of January, 2022)
    2022-01-14
    Notification on transactions in the issuer’s securities (14th of January, 2022)

    The company has received notification about transactions in the issuer’s securities. The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_2022 01 12

  • Information about shares issued by INVL Technology and votes granted (6th of January, 2022)
    2022-01-06
    Information about shares issued by INVL Technology and votes granted (6th of January, 2022)

    INVL Technology (the “Company”) has finished signing Option Agreements with employees of its subsidiaries, who acquired a right to obtain shares of the Company. Some of the employees of the Company’s subsidiaries immediately exercised their acquired right to obtain shares in the Company and submitted a request for the transfer to them of the corresponding shares…

  • Presentation of INVL Technology results of 2021
    2021-12-31
    Presentation of INVL Technology results of 2021
  • INVL Technology investor’s calendar for 2022
    2021-12-10
    INVL Technology investor’s calendar for 2022

    Closed–ended type investment company INVL Technology plans to publish information to investors in 2022 in accordance with the following calendar: 6 April 2022 – audited financial reports and annual report; 29 April 2022 – Net Asset Value and factsheet for 3 months of 2022; 26 August 2022 – Net Asset Value and semi–annual report of…

  • Information about shares issued by INVL Technology and votes granted (12th of November, 2021)
    2021-11-12
    Information about shares issued by INVL Technology and votes granted (12th of November, 2021)

    Considering that during the shares buy-back process of INVL Technology (hereinafter – “the Company”), the Company acquired 107,686 shares (0.88 % of own shares) for EUR 295,059.64 from the Company’s shareholders for which they were paid on 12 November 2021, the Company announces the data on shares issued by the Company as of 12 November 2021:…

  • INVL Technology will purchase 0.88% of its own shares
    2021-11-10
    INVL Technology will purchase 0.88% of its own shares

    INVL Technology, a company that invests in IT businesses, on 27 October this year announced a buyback of its own shares which took place through 10 November via the Nasdaq Vilnius exchange. The purchase price offered by the company was EUR 2.74 per share. The company offered to purchase a total of up to 121,753…

  • INVL Technology will buy-back its own shares
    2021-11-10
    INVL Technology will buy-back its own shares

    INVL Technology (hereinafter – “the Company”) finished the share buy-back. The Company will purchase 0.88%of own shares for the total amount of EUR 295,059.64(without brokerage fees). The Company could purchase up to 121.753 shares. During the share buy-back 107,686 units of shares were tendered. Share purchase price: EUR 2.74  per share. Share purchase procedure started…

  • Announcement of the net asset value of INVL Technology as of 30 September 2021
    2021-10-29
    Announcement of the net asset value of INVL Technology as of 30 September 2021

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 35,264,312.70 or EUR 2.8964 per share on 30 September 2021. The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail [email protected]

  • INVL Technology results for 9 months of 2021
    2021-10-29
    INVL Technology results for 9 months of 2021

    Equity of INVL Technology and the Company's net asset value as of 30 September 2021 was EUR 35.26 million or EUR 2,90 per share. At the end of 2020, these figures were EUR 33.73 million and EUR 2.77 respectively. Investments of the Company into managed companies amounted to EUR 31.78 million at the end of…

  • INVL Technology generates EUR 1.5m net profit in three quarters of 2021
    2021-10-29
    INVL Technology generates EUR 1.5m net profit in three quarters of 2021

    INVL Technology, a company investing in information technology businesses, increased its equity by 4.6% (EUR 0.13 per share) in the first three quarters of the year to EUR 35.26 million, or EUR 2.90 per share. INVL Technology generated a net profit of EUR 1.54 million over the three quarters as compared with a net profit…

  • Resolutions of the general extraordinary shareholders meeting of INVL Technology (28th October, 2021)
    2021-10-28
    Resolutions of the general extraordinary shareholders meeting of INVL Technology (28th October, 2021)

    The resolutions of the General Extraordinary Shareholders Meeting of INVL Technology that was held on 28 October 2021: 1. Regarding approval of the terms of share options 1.1. In 2021, employees of subsidiaries of SUTPKIB INVL Technology (Company Reg. No. 300893533, hereinafter the Company) (companies of which more than 2/3 of the shares are owned…

  • The decision of the management company of INVL Technology on the purchase of own shares
    2021-10-26
    The decision of the management company of INVL Technology on the purchase of own shares

    The Management company INVL Asset Management, UAB of INVL Technology (hereinafter – “the Company”), taking into account that the Company has formed and not realised the reserve for the purchase of own shares which is equal to EUR 9.8 million and considering the resolution of the General Shareholders Meeting of the Company held on 29 April…

  • Novian group broadens its software services expertise with acquisition of Elsis PRO
    2021-10-22
    Novian group broadens its software services expertise with acquisition of Elsis PRO

    Information systems and software developer Elsis PRO has joined the Novian IT infrastructure and software services group. The acquisition was finalized on 22 October after clarification that Commission for Assessment of Conformity of Potential Participants to National Security Interests would not review the transaction, and there is no obligation to obtain permission from Lithuania’s Competition…

  • Convocation of the General Extraordinary Shareholders Meeting of INVL Technology and draft resolutions on agenda issue (6th October, 2021)
    2021-10-06
    Convocation of the General Extraordinary Shareholders Meeting of INVL Technology and draft resolutions on agenda issue (6th October, 2021)

    Special closed-ended type private equity investment company INVL Technology, identification code 300893533, the registered address Gyneju str. 14 Vilnius, Lithuania (hereinafter – “the Company” or “INVL Technology”), informs that on the initiative and decision of management company UAB „INVL Asset Management“ (hereinafter – “the Management Company“) the General Extraordinary Shareholders Meeting (hereinafter- “the Meeting”) is…

  • NRD Companies Sold Shares of NRD Bangladesh to NRD Cyber Security
    2021-10-01
    NRD Companies Sold Shares of NRD Bangladesh to NRD Cyber Security

    As part of strategic restructuring in a cluster of companies owned by INVL Technology, NRD Companies sold most of the shares of NRD Bangladesh to NRD Cyber Security. October 1st  1, 2021. Today, NRD Companies and NRD Cyber Security have signed a deal under which 98% of NRD Bangladesh shares were sold to NRD Cyber Security, which previously…

  • Enlight Research analysis on 2nd quarter: INVL Technology’s revenue was increased by the cyber security business NRD CS
    2021-09-30
    Enlight Research analysis on 2nd quarter: INVL Technology’s revenue was increased by the cyber security business NRD CS

    The investment research firm Enlight Research has published an analysis of the financial results of the listed private equity fund INVL Technology for the second quarter of this year. The report notes that, despite a weaker than expected result for the NRD group as a whole, the cyber security firm NRD Cyber Security (NRD CS)…

  • Mid-Year Results of NRD Companies: Greater Operational Scope and Refined Business Strategy
    2021-09-14
    Mid-Year Results of NRD Companies: Greater Operational Scope and Refined Business Strategy

    NRD Companies, a global IT and consulting group that provides IT solutions for public, financial, and retail sectors in all five continents, has expanded its operational scope to 23 countries during the first half of 2021. In comparison, the group was operating in 20 countries during the same period last year. During the first half…

  • INVL Technology holding Novian group company seeks to acquire Elsis PRO
    2021-09-14
    INVL Technology holding Novian group company seeks to acquire Elsis PRO

    Novian Systems, part of the Novian group owned by the IT-business investment company INVL Technology, signed agreements to acquire 100% of the shares of information systems and software developer Elsis PRO. Completion of the transaction is planned once permissions are obtained from Lithuania’s Competition Council and the Commission for Assessment of Conformity of Potential Participants…

  • Elsis PRO to join the Novian group
    2021-09-14
    Elsis PRO to join the Novian group

    Novian Systems, part of the Novian group owned by the IT-business investment company INVL Technology, is buying the information systems and software developer Elsis PRO. The agreements to that effect were signed on 14 September. The value of the transaction to acquire 100% of the company’s shares is not being made public. It will take…

  • Novian advances with ambitious technology projects
    2021-09-13
    Novian advances with ambitious technology projects

    The Novian IT infrastructure and software services group had aggregated revenue of EUR 9.9 million in the first half of this year, a decrease of 6.3% compared to the same period last year. The group’s aggregated EBITDA was EUR 0.6 million and fell 21%. The Novian group’s operating profit for the six-month period was EUR…

  • NRD Cyber Security’s revenue grew by 106% in the first half of the year
    2021-09-09
    NRD Cyber Security’s revenue grew by 106% in the first half of the year

    NRD Cyber Security, a cyber security consultancy and technology development company, generated revenues of EUR 1,979 million in the first half of 2021, an increase of 106% compared to revenues of EUR 962,000 in the first half of 2020. According to unaudited data, the company’s EBITDA in the first six months amounted to EUR 534,000,…

  • Presentation of INVL Technology preliminary results for 6 months of 2021
    2021-08-31
    Presentation of INVL Technology preliminary results for 6 months of 2021
  • Announcement of the net asset value of INVL Technology as of 30 June 2021
    2021-08-31
    Announcement of the net asset value of INVL Technology as of 30 June 2021

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 35,037,213.09 or EUR 2.8777 per share on 30 June 2021.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail [email protected]

  • INVL Technology had a net profit of EUR 1.31 million in the first half of this year
    2021-08-31
    INVL Technology had a net profit of EUR 1.31 million in the first half of this year

    The equity of INVL Technology, a company that invests in IT businesses, grew 4% (EUR 0.10 per share) in the first half of this year to EUR 35.04 million, or EUR 2.88 per share. INVL Technology’s net profit in January-June was EUR 1.31 million; in the same period of 2020, it had a net profit…

  • INVL Technology results for 6 months of 2021
    2021-08-31
    INVL Technology results for 6 months of 2021

    Equity of the Company and the Company's net asset value as of 30 June 2021 was EUR 35,04 mln or EUR 2.88 per share. At the end of 2020, these figures were EUR 33,73 million and EUR 2,77 respectively. Investments of the Company into managed companies amounted to EUR 31,80 mln at the end of…

  • Presentation of INVL Technology for 6 months of 2021
    2021-08-31
    Presentation of INVL Technology for 6 months of 2021

    INVL Technology announces a presentation that will be used for the meetings with investors. Additional information: The equity of INVL Technology, a company that invests in IT businesses, grew 4% (EUR 0.10 per share) in the first half of this year to EUR 35.04 million, or EUR 2.88 per share. INVL Technology’s net profit in…

  • Regarding the approval of the candidates for the members of the Supervisory Board
    2021-05-31
    Regarding the approval of the candidates for the members of the Supervisory Board

    On 28 May 2021, INVL Technology (hereinafter – “the Company”) received a notification from the Bank of Lithuania approving the candidatures of the members of the Supervisory Board of the Company. On 29 April 2021, the Ordinary General Meeting of Shareholders of the Company approved the establishment of the Supervisory Board of the Company,  the designated…

  • INVL Technology received permission to change the Articles of Association
    2021-05-26
    INVL Technology received permission to change the Articles of Association

    On 25 May 2021, INVL Technology (hereinafter – “the Company“) received a notification from the Bank of Lithuania informing that the Company was allowed to change the Articles of Association of the Company. On 12 May 2021, a new wording of the Articles of Association of Company was registered in the Register of Legal Entities. The new…

  • INVL Technology announces the suspension of the depository change process
    2021-05-19
    INVL Technology announces the suspension of the depository change process

    INVL Technology (hereinafter – “the Company”) informs that on 18 May 2021 applied to the Financial Market Supervisory Authority of the Bank of Lithuania (hereinafter – “the Supervisory Authority”) to suspend the consideration of the Company's application for permission to change the Company's depository until provisions of the Company's agreement with the new depository is…

  • The new wording of the Articles of Association of INVL Technology was registered
    2021-05-17
    The new wording of the Articles of Association of INVL Technology was registered

    INVL Technology (hereinafter – “the Company“) informs that on 12 May 2021 a new wording of the Articles of Association of Company was registered in the Register of Legal Entities. The new wording of the Articles of Association was approved on 29 April 2021 during the General Shareholders Meeting. According to the provisions of legal acts, the…

  • Presentation of INVL Technology for investors
    2021-05-13
    Presentation of INVL Technology for investors
  • Presentation of INVL Technology (13 of May, 2021)
    2021-05-13
    Presentation of INVL Technology (13 of May, 2021)

    INVL Technology announces a presentation that will be used for the meetings with investors. The presentation is published in English only. The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail [email protected] Attachments INVL Technology presentation for investors

  • Announcement of the net asset value of INVL Technology as of 31 March 2021
    2021-04-30
    Announcement of the net asset value of INVL Technology as of 31 March 2021

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 34,371,343.54 or EUR 2.8230 per share on 31 March 2021. The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail [email protected]

  • INVL Technology earned a net profit of EUR 0.6 million in the first quarter of this year
    2021-04-30
    INVL Technology earned a net profit of EUR 0.6 million in the first quarter of this year

    The equity of INVL Technology, a company that invests in IT businesses, increased 2,1% in the first quarter of 2021 from EUR 33.7 million, or EUR 2.77 per share, to EUR 34.4 million, or EUR 2.82 per share. INVL Technology’s net profit in the first quarter was EUR 0.6 million; in the same period last year…

  • INVL Technology results for 3 months of 2021
    2021-04-30
    INVL Technology results for 3 months of 2021

    Equity of INVL Technology and the Company's net asset value as of 31 March 2021 was EUR 34,37 million or EUR 2.8230 per share. At the end of 2020, these figures were EUR 33,73 million and EUR 2.77 respectively. Investments of the Company into managed companies amounted to EUR 32,69 million at the end of…

  • Resolutions of the General Ordinary Shareholders Meeting of INVL Technology
    2021-04-29
    Resolutions of the General Ordinary Shareholders Meeting of INVL Technology

    The resolutions of the General Ordinary Shareholders Meeting of INVL Technology that was held on 29 April 2021: Draft resolutions of the Meeting: Presentation of INVL Technology annual report for 2020 1.1. Shareholders of INVL Technology are presented with the annual report of the Company for 2020 (there is no voting on this issue of…

  • Audited annual information of INVL Technology for 2020
    2021-04-29
    Audited annual information of INVL Technology for 2020

    We hereby announce the audited annual information and the confirmation of responsible persons and the remuneration report together with the Audit Committee report of INVL Technology for the year 2020. The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail [email protected] Attachments: INVL Technology_Audit Committee report_2020.pdf INVL Technology_Annual audited information_2020.pdf  

  • INVL Technology announces the permanent suspension of planned transactions of the managers of the company
    2021-04-29
    INVL Technology announces the permanent suspension of planned transactions of the managers of the company

    On 29 April 2021, INVL Technology (hereinafter – “the Issuer”) received a notification from Invalda INVL by which the Issuer was informed about the Board decision of Invalda INVL form 29 April to suspend permanently the execution of the guidelines for the trading in the Issuer's shares. Information about the above—mentioned guidelines was announced on…

  • Enlight Research analysis on 2020: All INVL Technology’s companies posted stable growth
    2021-04-28
    Enlight Research analysis on 2020: All INVL Technology’s companies posted stable growth

    The investment research firm Enlight Research has published a report on the annual financial results of the listed private equity fund INVL Technology. The analysis notes that despite COVID-19 INVL Technology improved on all metrics in 2020 posting higher sales, profits, and NAV. The share was rewarded accordingly with a gain of 18% in 2020…

  • Enlight Research analysis for 2020: all INVL Technology’s companies posted stable growth
    2021-04-28
    Enlight Research analysis for 2020: all INVL Technology’s companies posted stable growth

    The investment research firm Enlight Research has published a report on the annual financial results of the listed private equity fund INVL Technology. The analysis notes that despite COVID-19 INVL Technology improved on all metrics in 2020 posting higher sales, profits, and NAV. The share was rewarded accordingly with a gain of 18% in 2020…

  • News from INVL Technology managed companies: NRD Cyber Security revenue grew 14% in 2020
    2021-04-27
    News from INVL Technology managed companies: NRD Cyber Security revenue grew 14% in 2020

    Cybersecurity consulting and technology development company, NRD Cyber Security, reported revenue of EUR 3.23 million in 2020, an increase of 14% compared to 2019 revenue of EUR 2.84 million.   According to audited data, NRD Cyber Security also generated a net profit of EUR 321,000 last year, an increase of 38% compared to EUR 232,000…

  • NRD Cyber Security revenue grew 14% in 2020
    2021-04-27
    NRD Cyber Security revenue grew 14% in 2020

    Cybersecurity consulting and technology development company, NRD Cyber Security, reported revenue of EUR 3.23 million in 2020, an increase of 14% compared to 2019 revenue of EUR 2.84 million.   According to audited data, NRD Cyber Security also generated a net profit of EUR 321,000 last year, an increase of 38% compared to EUR 232,000…

  • News from INVL Technology managed companies: Novian earned an increased share of revenue from the financial and corporate sectors
    2021-04-26
    News from INVL Technology managed companies: Novian earned an increased share of revenue from the financial and corporate sectors

    The Novian IT infrastructure and software services group had aggregated revenue of EUR 24.1 million in 2020, or 2.6% more than in 2019. The group’s aggregated EBITDA was EUR 1.8 million and compared to 2019 grew 14.9%. The Novian group’s net profit for the year, excluding nonrecurring and atypical losses in the value of investments,…

  • Novian earned an increased share of revenue from the financial and corporate sectors
    2021-04-26
    Novian earned an increased share of revenue from the financial and corporate sectors

    The Novian IT infrastructure and software services group had aggregated revenue of EUR 24.1 million in 2020, or 2.6% more than in 2019. The group’s aggregated EBITDA was EUR 1.8 million and compared to 2019 grew 14.9%. The Novian group’s net profit for the year, excluding nonrecurring and atypical losses in the value of investments,…

  • News from INVL Technology managed companies: NRD Companies Reports 6% Revenue Increase in 2020
    2021-04-22
    News from INVL Technology managed companies: NRD Companies Reports 6% Revenue Increase in 2020

    NRD Companies has reported a 6% revenue increase in 2020—from €6,6 million in 2019 to almost €7 million last year. EBITDA (earnings before interest, taxes, depreciation, and amortization) increased by 3.5 times, from €166.000 to €602.000. The group, which provides IT solutions for the public, financial and retail sectors, also reports that it has succeeded in…

  • NRD Companies Reports 6% Revenue Increase in 2020
    2021-04-22
    NRD Companies Reports 6% Revenue Increase in 2020

    NRD Companies has reported a 6% revenue increase in 2020—from €6,6 million in 2019 to almost €7 million last year. EBITDA (earnings before interest, taxes, depreciation, and amortization) increased by 3.5 times, from €166.000 to €602.000. The group, which provides IT solutions for the public, financial and retail sectors, also reports that it has succeeded…

  • Regarding the supplement of the agenda and proposed draft resolutions of the Ordinary General Meeting of Shareholders of INVL Technology
    2021-04-15
    Regarding the supplement of the agenda and proposed draft resolutions of the Ordinary General Meeting of Shareholders of INVL Technology

    Special closed-ended type private equity investment company INVL Technology, identification code 300893533, the registered address Gyneju str. 14 Vilnius, Lithuania (hereinafter – “the Company” or “INVL Technology”), informs that on the initiative and decision of management company UAB „INVL Asset Management“ (hereinafter – “the Management Company“) the agenda of the General Ordinary Shareholders Meeting (hereinafter- “the…

  • INVL Technology earned a net profit of EUR 4.8 million in 2020
    2021-04-07
    INVL Technology earned a net profit of EUR 4.8 million in 2020

    INVL Technology, a company that invests in IT businesses, had equity of EUR 34 million at the end of 2020, or EUR 2.77 per share. Equity per share increased 16.46% during the year. The value of INVL Technology’s financial assets at the end of the reporting period was EUR 32.65million and increased EUR 6.74 million…

  • Convocation of the General Ordinary Shareholders Meeting of INVL Technology and draft resolutions on agenda issue
    2021-04-07
    Convocation of the General Ordinary Shareholders Meeting of INVL Technology and draft resolutions on agenda issue

    Special closed-ended type private equity investment company INVL Technology, identification code 300893533, the registered address Gyneju str. 14 Vilnius, Lithuania (hereinafter – “the Company” or “INVL Technology”), informs that on the initiative and decision of management company UAB „INVL Asset Management“ (hereinafter – “the Management Company“) the General Ordinary Shareholders Meeting (hereinafter- “the Meeting”) is to…

  • Presentation of INVL Technology results for 2020
    2021-04-06
    Presentation of INVL Technology results for 2020
  • Announcement of the net asset value of INVL Technology as of 31 December 2020
    2021-04-06
    Announcement of the net asset value of INVL Technology as of 31 December 2020

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 33,725,238.88 or EUR 2.7700 per share on 31 December 2020. The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail [email protected]

  • Audited results of INVL Technology for 2020
    2021-04-06
    Audited results of INVL Technology for 2020

    As of 31 December 2020, INVL Technology's equity amounted to EUR 33.73 million or EUR 2.77 per share. The net audited profit of the company in 2020 amounted to EUR 4,77 million. Additional information: INVL Technology, a company that invests in IT businesses, had equity of EUR 34 million at the end of 2020, or…

  • Presentation of INVL Technology
    2021-04-06
    Presentation of INVL Technology

    INVL Technology announces a presentation that will be used for the meetings with investors. Additional information: INVL Technology, a company that invests in IT businesses, had equity of EUR 34 million at the end of 2020, or EUR 2.77 per share. Equity per share increased 16.46% during the year. The value of INVL Technology’s financial…

  • Correction of Lithuanian notification text: Presentation of INVL Technology
    2021-04-06
    Correction of Lithuanian notification text: Presentation of INVL Technology

    Additional information: INVL Technology, a company that invests in IT businesses, had equity of EUR 34 million at the end of 2020, or EUR 2.77 per share. Equity per share increased 16.46% during the year. The value of INVL Technology’s financial assets at the end of the reporting period was EUR 32.65 million and increased…

  • Regarding the approval of INVL Technology document
    2021-03-25
    Regarding the approval of INVL Technology document

    INVL Technology (hereinafter – “the Company”) informs that taking into account provisions of the Law on Collective Investment Undertakings of the Republic of Lithuania (hereinafter – “CIU”), the Company operating under the CIU is under an obligation to have a valid prospectus (hereinafter – “the Prospectus”) prepared in accordance with the requirements of the CIU…

  • Notification on transactions in the Issuer’s securities
    2021-03-05
    Notification on transactions in the Issuer’s securities

    The company has received notifications  about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected]   Attachments INVL Technology_notification_Invalda INVL_02 03 2021 INVL Technology_notification_Invalda INVL_03 03 2021 INVL Technology_notification_Invalda INVL_04 03 2021

  • Notification on transactions in the Issuer’s securities
    2021-03-01
    Notification on transactions in the Issuer’s securities

    The company has received notifications  about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected]   Attachments INVL Technology_notification_Invalda INVL_01 03 2021 INVL Technology_notification_Invalda INVL_24 02 2021 INVL Technology_notification_Invalda INVL_26 02 2021

  • Notification on transactions in the Issuer’s securities
    2021-02-23
    Notification on transactions in the Issuer’s securities

    The company has received notifications  about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected]   Attachments INVL Technology_notification_Invalda INVL_18 02 2021 INVL Technology_notification_Invalda INVL_19 02 2021 INVL Technology_notification_Invalda INVL_22 02 2021 INVL Technology_notification_Invalda INVL_23 02 2021

  • Notification on transactions in the Issuer’s securities
    2021-02-17
    Notification on transactions in the Issuer’s securities

    The company has received notifications  about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected]   Attachments INVL Technology_notification_Invalda INVL_12 02 2021 INVL Technology_notification_Invalda INVL_15 02 2021 INVL Technology_notification_Invalda INVL_17 02 2021

  • Notification on transactions in the Issuer’s securities
    2021-02-11
    Notification on transactions in the Issuer’s securities

    The company has received notifications  about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected]   Attachments INVL Technology_notification_Invalda INVL_08 02 2021 INVL Technology_notification_Invalda INVL_10 02 2021 INVL Technology_notification_Invalda INVL_11 02 2021

  • Notification on transactions in the Issuer’s securities
    2021-02-05
    Notification on transactions in the Issuer’s securities

    The company has received notifications  about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected]   Attachments INVL Technology_notification_Invalda INVL_02 02 2021  INVL Technology_notification_Invalda INVL_03 02 2021  INVL Technology_notification_Invalda INVL_04 02 2021  INVL Technology_notification_Invalda INVL_05 02 2021

  • Notification on transactions in the Issuer’s securities
    2021-02-01
    Notification on transactions in the Issuer’s securities

    The company has received notifications  about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected]   Attachments INVL Technology_notification_Invalda INVL_01 02 2021 INVL Technology_notification_Invalda INVL_27 01 2021 INVL Technology_notification_Invalda INVL_28 01 2021 INVL Technology_notification_Invalda INVL_29 01 2021

  • Notification on transactions in the Issuer’s securities
    2021-01-26
    Notification on transactions in the Issuer’s securities

    The company has received notifications  about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected]   Attachments INVL Technology_notification_Invalda INVL_21 01 2021 INVL Technology_notification_Invalda INVL_22 01 2021 INVL Technology_notification_Invalda INVL_25 01 2021 INVL Technology_notification_Invalda INVL_26 01 2021

  • Notification on transactions in the Issuer’s securities
    2021-01-20
    Notification on transactions in the Issuer’s securities

    The company has received notifications  about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected]   Attachments INVL Technology_notification_Invalda INVL_15 01 2021 INVL Technology_notification_Invalda INVL_18 01 2021 INVL Technology_notification_Invalda INVL_20 01 2021 

  • Notification on transactions in the Issuer’s securities
    2021-01-14
    Notification on transactions in the Issuer’s securities

    The company has received notifications  about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected]   Attachments INVL Technology_notification_Invalda INVL_11 01 2021 INVL Technology_notification_Invalda INVL_12 01 2021 INVL Technology_notification_Invalda INVL_13 01 2021 INVL Technology_notification_Invalda INVL_14 01 2021

  • Notification on transactions in the Issuer’s securities
    2021-01-08
    Notification on transactions in the Issuer’s securities

    The company has received notifications  about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected]   Attachments INVL Technology_notification_Invalda INVL_05 01 2021 INVL Technology_notification_Invalda INVL_06 01 2021 INVL Technology_notification_Invalda INVL_08 01 2021  INVL Technology_notification_Invalda INVL_07 01 2021

  • INVL Technology announcement on planned transactions of the managers of the company
    2021-01-04
    INVL Technology announcement on planned transactions of the managers of the company

    On 4 January 2021 INVL Technology (hereinafter – “the Issuer”) received a notification from Invalda INVL AB (hereinafter – “Invalda INVL“) by which the Issuer was informed about the plans of Invalda INVL for the 2021 year to conclude transactions regarding the Issuer's shares, following the guidelines for the trading in the Issuer's shares approved…

  • Invalda INVL will trade shares of INVL Technology and INVL Baltic Real Estate in 2021
    2021-01-04
    Invalda INVL will trade shares of INVL Technology and INVL Baltic Real Estate in 2021

    Invalda INVL, one of the Baltic region’s leading asset management groups, during 2021 will conduct transactions in shares of INVL Technology, a company that invests in IT businesses, and the real estate investment company INVL Baltic Real Estate.“Shares would be bought when their price is lower than the net asset value (NAV) and sold at…

  • Acena has been merged into Novian Systems
    2021-01-04
    Acena has been merged into Novian Systems

    The Novian IT infrastructure and software services group has strengthened its information systems development company Novian Systems. Having merged Acena, a provider of business analytics and process automation solutions, into itself, Novian Systems offers a broader range of software services. Within the group, software services are also provided by the Estonian company Andmevara AS. “This…

  • Managers of the INVL Technology portfolio company NRD Cyber Security will get option incentives
    2020-12-17
    Managers of the INVL Technology portfolio company NRD Cyber Security will get option incentives

    The managers of NRD Cyber Security, a cybersecurity company owned by the IT business investment company INVL Technology, will be given the incentive of options to acquire shares of the company. The Investment Committee of INVL Technology agreed that the managers of NRD Cyber Security will be able to acquire up to 10% of the…

  • Managers of the INVL Technology portfolio company NRD Cyber Security will get option incentives
    2020-12-17
    Managers of the INVL Technology portfolio company NRD Cyber Security will get option incentives

    The managers of NRD Cyber Security, a cybersecurity company owned by the IT business investment company INVL Technology, will be given the incentive of options to acquire shares of the company. The Investment Committee of INVL Technology agreed that the managers of NRD Cyber Security will be able to acquire up to 10% of the…

  • INVL Technology investor’s calendar for 2021
    2020-12-14
    INVL Technology investor’s calendar for 2021

    Closed–ended type investment company INVL Technology plans to publish information to investors in 2021 in accordance with the following calendar: 6 April 2021 – audited financial reports and annual report; 30 April 2021 – Net Asset Value and factsheet for 3 months of 2021; 31 August 2021 – Net Asset Value and semi–annual report of…

  • INVL Technology-owned Novian group renamed main companies, strengthens service integration
    2020-12-09
    INVL Technology-owned Novian group renamed main companies, strengthens service integration

    The main companies in the Novian IT infrastructure and software services group which is owned by INVL Technology, a company that invests in IT businesses, have changed their names: as of 8 December 2020, BAIP and Algoritmu Sistemos operate as Novian Technologies and Novian Systems respectively. The name changes are captured in the companies’ Articles…

  • Novian gathers main group companies under its own name, will provide integrated services
    2020-12-09
    Novian gathers main group companies under its own name, will provide integrated services

    As digital transformation gains momentum, the Novian IT infrastructure and software services group aims to strengthen its positions internationally and increase value for clients by offering integrated services. For that purpose, Novian’s main companies, BAIP and Algoritmu Sistemos, have changed their names and as of 8 of December began operating as Novian Technologies and Novian…

  • Enlight Research third-quarter report: INVL Technology’s revenue grew
    2020-11-16
    Enlight Research third-quarter report: INVL Technology’s revenue grew

    The investment research firm Enlight Research has published a report on the third-quarter financial results of the listed private equity fund INVL Technology. The analysis notes that for a second quarter in a row INVL Technology’s revenue grew steadily and was up 22% from the same period a year earlier. According to Enlight Research, that…

  • Notification on transactions in the Issuer’s securities
    2020-11-09
    Notification on transactions in the Issuer’s securities

    The company has received notifications  about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected]   Attachments INVL Technology_notification_Invalda INVL_06 11 2020 INVL Technology_notification_Invalda INVL_09 11 2020

  • NRD Cyber Security net profit grew 28% in the last 9 months
    2020-11-06
    NRD Cyber Security net profit grew 28% in the last 9 months

    The revenue of a cybersecurity consulting and technology development company NRD Cyber Security amounted to 1 million 781 thousand euros in the first three quarters of this year and remained at a similar level compared to the same period last year. Based on unaudited data, the company’s EBITDA at the end of the third quarter…

  • Notification on transactions in the Issuer’s securities
    2020-11-05
    Notification on transactions in the Issuer’s securities

    The company has received notifications  about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected]   Attachments INVL Technology_notification_Invalda INVL_04 11 2020 INVL Technology_notification_Invalda INVL_05 11 2020 INVL Technology_notification_Invalda INVL_30 10 2020

  • NRD Companies revenue grew 15% in the last 9 months
    2020-11-04
    NRD Companies revenue grew 15% in the last 9 months

    NRD Companies, a group of companies specialising in global information technology and consulting, reports that its consolidated 9-month revenue of 2020, as compared with the same period last year, grew from EUR 4.735 thousand to EUR 5.465 thousand, with its net unaudited profit currently at EUR 298.6 thousand, compared with a net loss of EUR…

  • Novian’s revenue growth helped by ability to adapt to pandemic conditions too
    2020-11-03
    Novian’s revenue growth helped by ability to adapt to pandemic conditions too

    The companies in the Novian IT infrastructure and software group had aggregated revenue of EUR 17.4 million in the first three quarters of this year or 13.7% more than in the same period of 2019. The aggregated EBITDA of the group’s companies was EUR 1.5 million, which is 2.7 times more than in three quarters…

  • INVL Technology earned a net profit of EUR 0.9 million in three quarters of this year
    2020-10-29
    INVL Technology earned a net profit of EUR 0.9 million in three quarters of this year

    INVL Technology, a company that invests in IT businesses,had equity of EUR 29.870 million at the end of the third quarter this year, or EUR 2.4533 per share. Equity per share increased by 3.1% from the start of the year. The value of the company’s financial assets at the end of the reporting period was…

  • Announcement of the net asset value of INVL Technology as of 30 September 2020
    2020-10-29
    Announcement of the net asset value of INVL Technology as of 30 September 2020

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 29,870,274.97 or EUR 2.4533 per share on 30 September 2020. The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail  [email protected]

  • INVL Technology results for 9 months of 2020
    2020-10-29
    INVL Technology results for 9 months of 2020

    Equity of INVL Technology and the Company’s net asset value as of 30 September 2020 was EUR 29.87 million or EUR 2,45 per share. At the end of 2019, these figures were EUR 28.96 million and EUR 2.38 respectively. Investments of the Company into managed companies amounted to EUR 27.13 million at the end of…

  • Resolutions of the general extraordinary shareholders meeting of INVL Technology
    2020-10-29
    Resolutions of the general extraordinary shareholders meeting of INVL Technology

    The resolutions of the General Extraordinary Shareholders Meeting of INVL Technology that was held on 29 October 2020: 1. Regarding election of auditor to carry out of the audit of the annual financial statements and setting conditions of payment for audit services. 1.1.To conclude an agreement with UAB PricewaterhouseCoopers, UAB (company code 111473315)  to carry…

  • Notification about acquisition of voting rights
    2020-10-27
    Notification about acquisition of voting rights

    INVL Technology submits the received notification of Invalda INVL AB on the acquisition of voting rights (only the acquisition of directly held votes). The notification is issued in the event of a change in the nature of personal voting rights: Invalda INVL exceeded the threshold of 15% of the votes granted by the Issuer's directly…

  • Convocation of the General Extraordinary Shareholders Meeting of INVL Technology and draft resolutions on agenda issue
    2020-10-07
    Convocation of the General Extraordinary Shareholders Meeting of INVL Technology and draft resolutions on agenda issue

    Special closed-ended type private capital investment company INVL Technology (the registered address Gyneju str. 14 Vilnius, Lithuania,  identification code 300893533) (hereinafter – „the Company“) on the initiative and decision of the Management company of INVL Technology informs that the General Extraordinary Shareholders Meeting of INVL Technology (hereinafter – „the Meeting“) is to be held on…

  • Notification on transactions in the Issuer’s securities
    2020-09-29
    Notification on transactions in the Issuer’s securities

    The company has received notification about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_25 09 2020

  • Novian to be led by Evaldas Rėkus
    2020-09-28
    Novian to be led by Evaldas Rėkus

    The IT infrastructure and software group Novian will be led by the new CEO Evaldas Rėkus. He has replaced Artūras Zdanavičius, who held the role on an interim basis. The Novian group includes seven companies which are owned by the company Novian and operate in three areas. Novian’s companies in the Baltic countries, Norway and…

  • Report by Enlight Research: INVL Technology’s 2nd-quarter results prove tech can grow in a pandemic
    2020-09-23
    Report by Enlight Research: INVL Technology’s 2nd-quarter results prove tech can grow in a pandemic

    Investment research firm Enlight Research has conducted an analysis of INVL Technology’s performance in the second quarter of this year. The report on INVL Technology that invests in IT businesses, published on 8 September 2020, examines the financial indicators of the portfolio companies for the second quarter and for the longer term, and compares them…

  • Notification on transactions in the Issuer’s securities
    2020-09-22
    Notification on transactions in the Issuer’s securities

    The company has received notification about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_17 09 2020 INVL Technology_notification_Invalda INVL_18 09 2020 INVL Technology_notification_Invalda INVL_21 09 2020 INVL Technology_notification_Invalda INVL_22 09 2020

  • Notification on transactions in the Issuer’s securities
    2020-09-16
    Notification on transactions in the Issuer’s securities

    The company has received notification about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_14 09 2020 INVL Technology_notification_Invalda INVL_11 09 2020 INVL Technology_notification_Invalda INVL_14 09 2020 INVL Technology_notification_Invalda INVL_15 09 2020

  • Notification on transactions in the Issuer’s securities
    2020-09-11
    Notification on transactions in the Issuer’s securities

    The company has received notification about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_10 09 2020 INVL Technology_notification_Invalda INVL_09 09 2020 INVL Technology_notification_Invalda INVL_08 09 2020

  • Notification on transactions in the Issuer’s securities
    2020-09-10
    Notification on transactions in the Issuer’s securities

    The company has received notification about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_10 09 2020

  • NRD Cyber Security results for 2020 H1
    2020-09-09
    NRD Cyber Security results for 2020 H1

    NRD Cyber Security invested 1.2 million euros in research and product development. The revenue of cybersecurity consulting and technology development company NRD Cyber Security in the first half of this year amounted to 962 000 euros and decreased by 29% compared to the same period last year. According to unaudited data, the company’s EBITDA in…

  • Notification on transactions in the Issuer’s securities
    2020-09-07
    Notification on transactions in the Issuer’s securities

    The company has received notification about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_07 09 2020 INVL Technology_notification_Invalda INVL_03 09 2020 INVL Technology_notification_Invalda INVL_02 09 2020 INVL Technology_notification_Invalda INVL_04 09 2020

  • Novian group sets sites on future potential in big data and supercomputers
    2020-09-04
    Novian group sets sites on future potential in big data and supercomputers

    The businesses of the Novian IT infrastructure and software group had aggregated revenue of EUR 10.5 million in the first half of this year, EUR 45 000 more than in the corresponding period of 2019. According to unaudited figures, the aggregated EBITDA of the group’s businesses was EUR 0.8 million and increased 2.7 times compared to…

  • NRD Companies Group ends the first half-year with a profit increase
    2020-09-04
    NRD Companies Group ends the first half-year with a profit increase

    NRD Companies, an international information technology and consulting group, has announced an increase in profit during the first half of 2020. Engaged in public sector management and digital economy infrastructure development, the group has earned EUR 3.85 million in operating income, up by almost 18 percent from the EUR 3.26 million earned in the same…

  • Notification on transactions in the Issuer’s securities
    2020-09-01
    Notification on transactions in the Issuer’s securities

    The company has received notification about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_01 09 2020 INVL Technology_notification_Invalda INVL_27 08 2020 INVL Technology_notification_Invalda INVL_28 08 2020

  • Presentation of INVL Technology preliminary results for 6 months of 2020
    2020-08-26
    Presentation of INVL Technology preliminary results for 6 months of 2020
  • Announcement of the net asset value of INVL Technology as of 30 June 2020
    2020-08-26
    Announcement of the net asset value of INVL Technology as of 30 June 2020

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 29,221,994.32 or EUR 2.4001 per share on 30 June 2020. The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail [email protected]

  • INVL Technology results for 6 months of 2020
    2020-08-26
    INVL Technology results for 6 months of 2020

    Equity of the Company and the Company’s net asset value as of 30 June 2020 was EUR 29.22 mln or EUR 2.40 per share. At the end of 2019, these figures were EUR 28.96 million and EUR 2.38 respectively. Investments of the Company into managed companies amounted to EUR 26.4 mln at the end of…

  • Presentation of INVL Technology
    2020-08-26
    Presentation of INVL Technology

    INVL Technology announces a presentation that will be used for the meetings with investors. Additional information: INVL Technology, a company that invests in IT businesses, had equity of EUR 29.2 million at the end of the first half of this year, or EUR 2.40 per share. The latter figure increased by 0.9% from the end…

  • INVL Technology’s businesses added six countries to their sales geography
    2020-08-26
    INVL Technology’s businesses added six countries to their sales geography

    INVL Technology, a company that invests in IT businesses, had equity of EUR 29.2 million at the end of the first half of this year, or EUR 2.40 per share. The latter figure increased by 0.9% from the end of 2019. The value of the company’s financial assets at the end of the reporting period…

  • Mindaugas Glodas becomes President of Infobalt
    2020-08-04
    Mindaugas Glodas becomes President of Infobalt

    The members of the Lithuanian Information and Communication Technology Association Infobalt elected a new board, which elected Mindaugas Glodas, Executive Director of Norway Registers Development (NRD) and the NRD Companies Group, as its Chairman and President of the Association. “At a time when the country’s well-being depends on the size of the digital economy, the…

  • Notification on transactions in the Issuer’s securities
    2020-07-27
    Notification on transactions in the Issuer’s securities

    The company has received notification about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification 24 07 2020

  • Notification on transactions in the Issuer’s securities
    2020-07-24
    Notification on transactions in the Issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_21 07 2020 INVL Technology_notification_Invalda INVL_22 07 2020

  • Notification on transactions in the Issuer’s securities
    2020-07-21
    Notification on transactions in the Issuer’s securities

    he company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_20 07 2020.pdf INVL Technology_notification_Invalda INVL_17 07 2020.pdf INVL Technology_notification_Invalda INVL_16 07 2020.pdf

  • Notification on transactions in the Issuer’s securities
    2020-07-16
    Notification on transactions in the Issuer’s securities

    The company has received notification about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification 15 07 2020 

  • Notification on transactions in the Issuer’s securities
    2020-07-15
    Notification on transactions in the Issuer’s securities

    The company has received notification about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification 14 07 2020

  • Notification on transactions in the Issuer’s securities
    2020-07-14
    Notification on transactions in the Issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_09 07 2020 INVL Technology_notification_Invalda INVL_10 07 2020 INVL Technology_notification_Invalda INVL_13 07 2020

  • Notification on transactions in the Issuer’s securities
    2020-07-08
    Notification on transactions in the Issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_02 07 2020 INVL Technology_notification_Invalda INVL_03 07 2020 INVL Technology_notification_Invalda INVL_07 07 2020

  • Notification on transactions in the Issuer’s securities
    2020-07-01
    Notification on transactions in the Issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_01 07 2020 INVL Technology_notification_Invalda INVL_29 06 2020 INVL Technology_notification_Invalda INVL_30 06 2020 

  • Notification on transactions in the Issuer’s securities
    2020-06-25
    Notification on transactions in the Issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_25 06 2020 INVL Technology_notification_Invalda INVL_22 06 2020

  • Notification on transactions in the Issuer’s securities
    2020-06-19
    Notification on transactions in the Issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_17 06 2020 INVL Technology_notification_Invalda INVL_19 06 2020 

  • Notification on transactions in the Issuer’s securities
    2020-06-16
    Notification on transactions in the Issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_11 06 2020  INVL Technology_notification_Invalda INVL_12 06 2020 INVL Technology_notification_Invalda INVL_15 06 2020 INVL Technology_notification_Invalda INVL_16 06 2020 

  • Notification on transactions in the Issuer’s securities
    2020-06-11
    Notification on transactions in the Issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments: INVL Technology_notification_Invalda INVL_09 06 2020 INVL Technology_notification_Invalda INVL_10 06 2020 

  • Regarding the approval of INVL Technology document
    2020-06-09
    Regarding the approval of INVL Technology document

    INVL Technology (hereinafter may be referred as the Company) informs that taking into account provisions of the Law on Collective Investment Undertakings of the Republic of Lithuania (hereinafter – CIU), the Company operating under the CIU is under an obligation to have a valid prospectus (hereinafter – the Prospectus) prepared in accordance with the requirements…

  • Notification on transactions in the Issuer’s securities
    2020-06-08
    Notification on transactions in the Issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments: INVL Technology_notification_Invalda INVL_04 06 2020 INVL Technology_notification_Invalda INVL_05 06 2020

  • Notification on transactions in the Issuer’s securities
    2020-06-02
    Notification on transactions in the Issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments: INVL Technology_notification_Invalda INVL_01 06 2020 INVL Technology_notification_Invalda INVL_02 06 2020 INVL Technology_notification_Invalda INVL_28 05 2020 INVL Technology_notification_Invalda INVL_29 05 2020

  • Notification on transactions in the issuer’s securities
    2020-05-27
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments: INVL Technology_notification_Invalda INVL_22 05 2020 INVL Technology_notification_Invalda INVL_25 05 2020 INVL Technology_notification_Invalda INVL_26 05 2020  

  • Notification on transactions in the issuer’s securities
    2020-05-20
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments: INVL Technology_notification_Invalda INVL_18-20 05 2020.pdf

  • Notification on transactions in the issuer’s securities
    2020-05-19
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments: INVL Technology_notification 20 01 2020.pdf INVL Technology_notification 21 01 2020.pdf INVL Technology_notification 11 05 2020.pdf

  • Notification on transactions in the Issuer’s securities
    2020-05-15
    Notification on transactions in the Issuer’s securities

    The company has received notifications about transactions in the Issuer's securities (all notifications are in a single file).     The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachment INVL_Technology_notification_InvaldaINVL_12-15 05 2020 

  • Notification on transactions in the issuer’s securities
    2020-05-08
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the Issuer's securities (all notifications are in a single file).     The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachment INVL Technology_notification_Invalda INVL_06-08 05 2020

  • Notification on transactions in the issuer’s securities
    2020-05-05
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the Issuer's securities (all notifications are in a single file).     The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected]     Attachment INVL_Technology_notification_Invalda_INVL-30_04-04_05.pdf

  • Audited annual information of INVL Technology for 2019
    2020-04-30
    Audited annual information of INVL Technology for 2019

    We hereby announce the audited annual information and the confirmation of responsible persons together with the Audit Committee report of INVL Technology for the year 2019.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail [email protected] Attachments INVL Technology_Annual audited information_2019  INVL Technology_Audit Committee report INVL Technology Confirmation of…

  • Resolutions of the General Ordinary Shareholders Meeting of INVL Technology
    2020-04-30
    Resolutions of the General Ordinary Shareholders Meeting of INVL Technology

    The resolutions of the General Ordinary Shareholders Meeting of INVL Technology that was held on 30 April 2020: 1. Presentation of the special closed-ended type private capital investment company INVL Technology annual report for 2019 Shareholders of INVL Technology are presented with the annual report of the Company for 2019 (there is no voting on…

  • A subsidiary of BAIP, Andmevara Services OÜ, continue to provide professional digitization services for public and private sectors in Baltics and Nordics
    2020-04-30
    A subsidiary of BAIP, Andmevara Services OÜ, continue to provide professional digitization services for public and private sectors in Baltics and Nordics

    These days, ensuring access to digitalised documents as required to carry out everyday tasks is of particular importance for organisations operating remotely. The ability to safely use digital archives is as pressing as ever.   The larger an accumulated archive of paper documents and the more employees use the data found within those documents, the…

  • Announcement of the net asset value of INVL Technology as of 31 March 2020
    2020-04-29
    Announcement of the net asset value of INVL Technology as of 31 March 2020

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 28,839,349.71 or EUR 2.3687 per share on 31 March 2020. The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail [email protected]

  • INVL Technology results for 3 months of 2020
    2020-04-29
    INVL Technology results for 3 months of 2020

    Equity of INVL Technology and the Company’s net asset value as of 31 March 2020 was EUR 28.84 million or EUR 2,37 per share. At the end of 2019, these figures were EUR 28.96 million and EUR 2.38 respectively. Investments of the Company into managed companies amounted to EUR 25.91 million at the end of…

  • INVL Technology’s businesses started the year signing contracts for new projects
    2020-04-29
    INVL Technology’s businesses started the year signing contracts for new projects

    INVL Technology, a company that invests in IT businesses, had equity of EUR 28.8 million at the end of the first quarter of this year, or EUR 2.37 per share. The latter figure decreased by 0.4% from the end of 2019. The value of the company’s financial assets at the end of the reporting period…

  • Regarding the General Shareholders Meeting of INVL Technology during the quarantine declared by the Lithuanian government
    2020-04-23
    Regarding the General Shareholders Meeting of INVL Technology during the quarantine declared by the Lithuanian government

    The special closed-ended type private capital investment company INVL Technology (which hereinafter may be referred to as the Company) announced on 8 April 2020 about convocation a General Meeting of the Company’s shareholders to be held on 30 April 2020 at the address Gyneju St. 14 in Vilnius. The announcement regarding the convocation of a…

  • Baltic International Bank Launches New Internet Banking Platform
    2020-04-20
    Baltic International Bank Launches New Internet Banking Platform

    April 20, 2020.  Baltic International Bank announces about launching new internet banking. The new internet banking is based on ETRONIKA digital banking platform BANKTRON. The project was started in 2019. In it’s press release Baltic International bank states that the new internet banking offering comes with improved functionality and  user experience, as well as updated…

  • Presentation of INVL Technology results for 2019
    2020-04-08
    Presentation of INVL Technology results for 2019
  • Announcement of the net asset value of INVL Technology as of 31 December 2019
    2020-04-08
    Announcement of the net asset value of INVL Technology as of 31 December 2019

    As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 28,958,136.53 or EUR 2.3784 per share on 31 December 2019.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner E-mail [email protected]

  • Presentation of INVL Technology
    2020-04-08
    Presentation of INVL Technology

    INVL Technology announces a presentation that will be used for the meetings with investors. Additional information: The equity of INVL Technology, a company that invests in IT businesses, was EUR 29 million at the end of 2019, or EUR 2.38 per share. The latter figure increased 3.3% during the year. The value of the company’s…

  • INVL Technology earned a net profit in 2019 of EUR 0.9 million
    2020-04-08
    INVL Technology earned a net profit in 2019 of EUR 0.9 million

    The equity of INVL Technology, a company that invests in IT businesses, was EUR 29 million at the end of 2019, or EUR 2.38 per share. The latter figure increased 3.3% during the year. The value of the company’s financial assets at the end of the reporting period was EUR 25.9 million and increased EUR…

  • Audited results of INVL Technology for 2019, also management’s comment regarding the impact of the coronavirus (COVID–19)
    2020-04-08
    Audited results of INVL Technology for 2019, also management’s comment regarding the impact of the coronavirus (COVID–19)

    As of 31 December 2019, INVL Technology's equity amounted to EUR 28.96 million or EUR 2.38 per share. The net audited profit of the company in 2019 amounted to EUR 933 thousand. The equity of INVL Technology, a company that invests in IT businesses, was EUR 29 million at the end of 2019, or EUR…

  • Convocation of the general ordinary shareholders meeting of INVL Technology and draft resolutions on agenda issue
    2020-04-08
    Convocation of the general ordinary shareholders meeting of INVL Technology and draft resolutions on agenda issue

    INVL Technology (the registered address Gyneju str. 14 Vilnius, Lithuania,  identification code 300893533) (hereinafter – the Company) on the initiative and decision of the Management company of INVL Technology informs that the General Extraordinary Shareholders Meeting of INVL Technology (hereinafter – the Meeting) is to be held on 30 April 2020. The place of the…

  • Notification on transactions in the issuer’s securities
    2020-03-09
    Notification on transactions in the issuer’s securities

    The company has received a notification about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments: INVL Technology_notification_Invalda INVL_05 03 2020.pdf

  • Notification on transactions in the issuer’s securities
    2020-03-04
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_02 03 2020 INVL Technology_notification_Invalda INVL_03 03 2020 INVL Technology_notification_Invalda INVL_28 02 2020

  • Notification on transactions in the issuer’s securities
    2020-02-27
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_24 02 2020 INVL Technology_notification_Invalda INVL_25 02 2020 INVL Technology_notification_Invalda INVL_27 02 2020

  • Notification on transactions in the issuer’s securities
    2020-02-18
    Notification on transactions in the issuer’s securities

    The company has received a notification about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected]   Attachment INVL Technology_notification_Invalda INVL_14 02 2020

  • Notification on transactions in the issuer’s securities
    2020-02-14
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_11 02 2020 INVL Technology_notification_Invalda INVL_13 02 2020

  • INVL Technology consolidates software companies
    2020-02-11
    INVL Technology consolidates software companies

    INVL Technology, a company that invests in IT businesses, has consolidated companies in the Novian group that provide software services. At the completion of an internal transaction, Algoritmu Sistemos has acquired the business analytics and process automation company Acena from BAIP. Following this acquisition, software services within the Novian group will be provided by Algoritmu…

  • INVL Technology consolidates software companies
    2020-02-11
    INVL Technology consolidates software companies

    INVL Technology, a company that invests in IT businesses, has consolidated companies in the Novian group that provide software services. With the completion of an internal transaction, Algoritmu Sistemos has acquired the business analytics and process automation company Acena from BAIP. Following this acquisition, software services within the Novian group will be provided by Algoritmu…

  • Notification on transactions in the issuer’s securities
    2020-02-07
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_04 02 2020 INVL Technology_notification_Invalda INVL_05 02 2020 INVL Technology_notification_Invalda INVL_06 02 2020 INVL Technology_notification_Invalda INVL_07 02 2020 

  • Notification on transactions in the issuer’s securities
    2020-02-03
    Notification on transactions in the issuer’s securities

    The company has received a notification about transactions in the issuer's securities. The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_30 01 2020

  • Notification on transactions in the issuer’s securities
    2020-01-30
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_27 01 2020 INVL Technology_notification_Invalda INVL_29 01 2020

  • Notification on transactions in the issuer’s securities
    2020-01-24
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_21 01 2020 INVL Technology_notification_Invalda INVL_22 01 2020 INVL Technology_notification_Invalda INVL_23 01 2020

  • Notification on transactions in the issuer’s securities
    2020-01-20
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_15 01 2020 INVL Technology_notification_Invalda INVL_17 01 2020 INVL Technology_notification_Invalda INVL_20 01 2020

  • BAIP will implement climate change and weather forecasting solutions in fourteen African countries
    2020-01-16
    BAIP will implement climate change and weather forecasting solutions in fourteen African countries

    The population of South Africa suffers enormous losses every year as a result of the natural disasters in the region. Thousands of people are killed annually, and entire villages are destroyed. Between 2000 and 2012, a total of 14 million people were affected by the floods in the region, most of them remained homeless, and…

  • Notification on transactions in the issuer’s securities
    2020-01-13
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_09 01 2020 INVL Technology_notification_Invalda INVL_10 01 2020 INVL Technology_notification_Invalda INVL_13 01 2020

  • Notification on transactions in the issuer’s securities
    2020-01-08
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_03 01 2020 INVL Technology_notification_Invalda INVL_06 01 2020 INVL Technology_notification_Invalda INVL_07 01 2020 INVL Technology_notification_Invalda INVL_08 01 2020

  • Notification on transactions in the issuer’s securities
    2019-12-31
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_27 12 2019 INVL Technology_notification_Invalda INVL_30 12 2019 

  • INVL TECHNOLOGY has completed the formation of an IT services and software business group
    2019-12-27
    INVL TECHNOLOGY has completed the formation of an IT services and software business group

    The special closed-ended private equity investment company INVL Technology has completed the formation of the Novian group of businesses with an IT-services-and-software focus. This process was completed in late December this year when, after the performance of internal business acquisitions, the amended articles of association of Novian UAB and BAIP UAB were registered at Lithuania’s…

  • INVL Technology has fully implemented its three-direction business structure
    2019-12-27
    INVL Technology has fully implemented its three-direction business structure

    The businesses owned by INVL Technology, a company that invests in IT businesses, from now on will operate in three areas. This structure, under formation since 2018, was fully implemented at the end of this year upon the creation of an IT services and software group. Besides that group, businesses which the company owns, also…

  • Notification on transactions in the issuer’s securities
    2019-12-17
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_12 12 2019 INVL Technology_notification_Invalda INVL_13 12 2019 INVL Technology_notification_Invalda INVL_16 12 2019 

  • INVL Technology investor’s calendar for 2020
    2019-12-16
    INVL Technology investor’s calendar for 2020

    Closed–ended type investment company INVL Technology plans to publish information to investors in 2020 in accordance with the following calendar: 8 April 2020 – audited financial reports and annual report; 29 April 2020 – Net Asset Value and factsheet for 3 months of 2020; 26 August 2020 – Net Asset Value and semi–annual report of…

  • Notification on transactions in the issuer’s securities
    2019-12-11
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_06 12 2019 INVL Technology_notification_Invalda INVL_09 12 2019 INVL Technology_notification_Invalda INVL_10 12 2019 INVL Technology_notification_Invalda INVL_11 12 2019

  • Notification on transactions in the issuer’s securities
    2019-12-05
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_02 12 2019 INVL Technology_notification_Invalda INVL_04 12 2019 INVL Technology_notification_Invalda INVL_03 12 2019. 

  • Notification on transactions in the issuer’s securities
    2019-12-02
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_29 11 2019 INVL Technology_notification_Invalda INVL_27 11 2019

  • Notification on transactions in the issuer’s securities
    2019-11-26
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_21 11 2019 INVL Technology_notification_Invalda INVL_22 11 2019

  • Correction: Announcement of the net asset value of INVL Technology as of 30 September 2019
    2019-11-26
    Correction: Announcement of the net asset value of INVL Technology as of 30 September 2019

    Correction: The special closed-ended private equity investment company INVL Technology (hereinafter – the Company) is providing corrected versions of the announcements published on 29 October 2019 in Lithuanian and English regarding the Company’s net asset value on 30 September 2019. As provided for in Section XI ‘Calculation of the Net Asset Value’ of the Articles…

  • Correction: INVL Technology’s results for 9 months of 2019
    2019-11-26
    Correction: INVL Technology’s results for 9 months of 2019

    The special closed-ended private equity investment company INVL Technology (hereinafter – the Company)  is providing corrected versions of the announcements published on 29 October 2019 in Lithuanian and English regarding the Company’s operating results for 9 months of 2019. Because the value of the Andmevara group changed due to dividends that its businesses paid each…

  • Notification on transactions in the issuer’s securities
    2019-11-21
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_ 20 11 2019 INVL Technology_notification_Invalda INVL_18 11 2019 INVL Technology_notification_Invalda INVL_19 11 2019

  • Businesses in Zanzibar will be using a mobile app to register sales
    2019-11-20
    Businesses in Zanzibar will be using a mobile app to register sales

    It is expected that by February 2020, Zanzibar – a semi-autonomous region of Tanzania – will become one of the first regions in the world that allows its businesses or even street merchants to issue digital receipts for transactions via a smartphone.   Zanzibar Revenue Board together with the Ministry of Trade, Industry and Marketing…

  • Notification on transactions in the issuer’s securities
    2019-11-15
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_15 11 2019.pdf INVL Technology_notification_Invalda INVL_14 11 2019.pdf INVL Technology_notification_Invalda INVL_13 11 2019.pdf

  • Notification on transactions in the issuer’s securities
    2019-11-12
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_11 11 2019.pdf INVL Technology_notification_Invalda INVL_08 11 2019.pdf

  • Notification on transactions in the issuer’s securities
    2019-11-08
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_05 11 2019 INVL Technology_notification_Invalda INVL_07 11 2019

  • Notification on transactions in the issuer’s securities
    2019-11-05
    Notification on transactions in the issuer’s securities

    The company has received notifications about transactions in the issuer's securities.   The person authorized to provide additional information: Kazimieras Tonkūnas INVL Technology Managing Partner e-mail [email protected] Attachments INVL Technology_notification_Invalda INVL_04 11 2019 INVL Technology_notification_Invalda INVL_30 10 2019 INVL Technology_notification_Invalda INVL_31 10 2019

  • Announcement of the net asset value of INVL Technology as of 30 September 2019
    2019-10-29
    Announcemen