BS/2 among the Strongest Lithuanian Companies

Published: 22 February 2018 y., Thursday

Penkių Kontinentų Bankinės Technologijos (BS/2) company is in Lithuania‘s strongest companies list, Sektorių Lyderiai 2017, compiled by Verslo Žinios business daily. According to Verslo Žinios CEO Ugnius Jankauskas, the idea behind Sektorių Lyderiai is increasing the Lithuanian businesses competitiveness.

The Verslo Žinios analysts evaluated six different statistical indicators (income, profit, changes in the given year, profitability and average salary). "First of all, any good business should be profitable and, as we believe, the salary in such enterprises should be above average. We’ve also evaluated the indicators of profit, turnover and wages; in our opinion, this is a good and trustworthy assessment of a company's performance," Mr. Jankauskas said.

"We are happy with the Verslo Žinios appreciation of our achievements. Our aim is to find individual technological solutions that can help optimize business processes – and allow our customers to focus on their core activities. In 78 world countries, they have already become convinced of our services quality as well as our professionalism," says Tomas Augucevičius, BS/2 deputy general director.

BS/2 received its largest profit in 2017 from maintenance services to financial and retail enterprises in Azerbaijani, Georgian, Kazakh and the Baltic States markets where the company takes a leading position. In 2018, it plans to expand its business in the Americas, as well as Malaysia and Singapore. As of the end of 2017, BS/2 served more than 24,000 unattended devices and POS terminals in eight countries. Apart from the specialized equipment sales and maintenance, the company develops the best-selling .iQ line software for business processes monitoring and management, and provides IT outsourcing.

Starting from 1997, Verslo Žinios makes its Lietuvos Verslo Lyderiai (Lithuanian Business Leaders) report, which includes a list of companies with the largest sales volumes in the past year. Nevertheless, only this indicator does not show the situation completely, as sales do not reflect the sustainability and efficiency, as well as the benefit created by those companies. Besides, not all of them can be compared, since they work in different areas that have their own specifics. So, it was decided to make a leaders’ list in this or that industry.

Only those Lithuanian companies from the Verslo Žinios Top-1000 can be listed in terms of biggest sales, profit for the year; and with over 10 employees, whose salaries exceed the industry average. In the 2017 rating, only 788 out of 1000 largest Lithuanian companies qualified in 10 industries including servicing, food industry, other industries, retail and wholesale trade, transport, construction, technology, energy, and agriculture).

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

Facebook Comments

New comment


Captcha

BS/2 received the S&G award

BS/2 and Sargent & Greenleaf Showcase Advanced Security Solutions for Banking Infrastructure at IBF 2025. more »

Penki Kontinentai Group participated in the International Banking Forum IBF 2025

The group presenting its vision for the development of self-service channels alongside key technological solutions that reflect the current trends of digital transformation in the region. more »

BS/2 and Partners Presented Smart Retail Solutions at Retail Business Brunch 2025 in Baku

On October 23, 2025, Baku hosted the third Retail Business Brunch forum organized by BS/2. more »

BS/2 and ASHBURN International Open the First SUNMI Home Demo Center in Baku

The center offers a modern space where visitors can experience and test the latest equipment and solutions in action. more »

BS/2 and ASHBURN International at GITEX GLOBAL 2025: Expanding Partnership with SUNMI

Participation in GITEX GLOBAL 2025 reaffirmed BS/2’s and ASHBURN International’s dedication to innovation, partnership, and digital transformation, strengthening their role as trusted technology partners for financial and retail institutions worldwide. more »

BS/2 organized the Cash Expert Seminar 2025

On September 18, the international Cash Expert Seminar 2025 took place in Tashkent, focusing on modern cash-handling technologies. more »

25 Runners from Penki Kontinentai join the 10th Skyscraper Run

The Penki kontinentai teamwas recognized as the largest running club. more »

Innovation and Partnership: BS/2 Recognized by S&G for Rapid Growth

BS/2 was honored with the Sargent & Greenleaf Fastest Growing Distributor (EMEA) award as one of the most rapidly growing partners. more »

Digital Banking Solutions at Banks & Business Expo 2025 in Tashkent

Participation of BS/2 and ASHBURN International in Banks & Business Expo 2025. more »

BS/2 and ASHBURN International Present Their Solutions at EuroCIS 2025

EuroCIS 2025, one of Europe's largest retail technology exhibitions, took place in Düsseldorf (Germany) from February 18 to 20, 2025. more »