“Penki kontinentai” turnover increased by 11 percent in 2011

The group of companies “Penki kontinentai” ended the year 2011 profitably. It is estimated that all the company’s revenue for the last year amounted to LTL 117,458,538 (one hundred seventeen million four hundred fifty eight thousand five hundred and thirty eight), which is about 11 percent more than income in 2010.

As in previous year, in 2011, the best financial performance was demonstrated by “Penki kontinentai”-owned company BS/2, specializing in banking technology, retail and outsourcing sectors. Having extended the network of customer service, the company has also achieved excellent financial results in Georgia and Kazakhstan – currently, more than 20 regional service centers operate there. In 2011, the turnover of supplied products and services sold in these countries increased two times. Product sales growth was recorded in Azerbaijan, Mongolia, Latvia, Belarus, Kyrgyzstan, the USA, Tajikistan, Germany and Nigeria.

Moreover, the year 2011 was stable and profitable for other companies owned by the group of companies “Penki kontinentai”: “Penkių kontinentų komunikacijų centras“, “ASHBURN International”, “Penki kontinentai Riga” and “Skaitmeninio sertifikavimo centras”.

According to Idrakas Dadašovas, the Chairman of the Board of the group of companies “Penki kontinentai”, the effectiveness of the company’s activities was conditioned by extended package of products and services, flexible and operative response to changes in market trends as well as determination to always be one step ahead.