Penki Kontinentai Group of Companies Earned Profit in 2015

Published: 15 June 2016 y., Wednesday

In 2015, the Penki Kontinentai group of companies earned income of over 40 million EUR (compared to over 44 million EUR in 2014).

According to Idrakas Dadašovas, the Penki Kontinentai group of companies board chairman, in spite of smaller income as compared to 2014, the commenced works are going on, and in the year to come better results are expected. "Our main markets currently now go through a difficult period, exchange rates fluctuate, businesses reduce and optimize costs. However, we managed to earn some profit. Last year most revenues came from services in financial, retail and telecom sectors, as well as from our card payment processing solutions. Since our infrastructural investment projects are successfully continued, we expect better results for 2016", Mr Dadašovas said.

Speaking about prospects for 2016, Mr Dadašovas underlined the importance of new projects' implementation and the continuous search of new markets in Africa, Asia and the Pacific region.

The group consists of twenty-one companies. These include Penkių kontinentų bankinės technologijos (BS/2), Penkių kontinentų komunikacijų centras, ASHBURN International and Skaitmeninio sertifikavimo centras. The group which is a banking technologies market leader in Azerbaijan, Belarus, Georgia, Kazakhstan and the Baltic countries has been active in banking, retail and ICT sectors for more than two decades. Its products and services are sold in 70 world countries.

Šaltinis: penki.lt
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

Associated articles

Penki Kontinentai Invites Residents of Vilnius to Evaluate the Temperature Detection Terminal

Residents of Vilnius, when visiting the Unified Customer Service Center of the municipality, can evaluate the benefits of a new device offered by the Penki Kontinentai Group. The stationary temperature detection terminal is installed in the reception room of the municipality. more »

The first new-generation Diebold Nixdorf ATM is already in the Baltic

BS/2 in cooperation with Worldline will upgrade the Luminor Bank ATM network in the Baltic region. more »

New partnership between ASHBURN International and SUNMI

ASHBURN International has signed a cooperation agreement with SUNMI, the world's fastest growing hardware manufacturer. SUNMI is an international company that develops modern, high-quality payment devices based on the Android platform. more »

ASHBURN International will Support Payment Systems for Latvian Pharmacies

ASHBURN International, which is part of the Penki Kontinentai Group, will retrofit the payment equipment for one of the largest pharmacy chains in Latvia – Meness Aptieka. more »

Penki kontinentai joined the DUOday initiative

The goal of the initiative is to create conditions for people with disabilities to integrate into society, so that they can feel significant, try themselves in various professions. more »

Penki kontinentai Presented Its Solutions for Banks and Retail at the Forum in Tashkent

The BS/2 team took part in the forum with our solutions for the banking sector Cash Management.iQ, Service Desk.iQ, Vynamic Marketing, and also presented solutions for the retail sector from our partner Qingdao CCL. more »

A Celebration of Neighbourhood and Friendship: Reducing Social Exclusion and Creating Accessible Environment

“Every day the sun warms everyone because it loves us”, these were the words that opened the twelfth celebration of neighbourhood and friendship which took place on May 27th. It was organized by the Lithuanian Welfare Society for People with Intellectual Disability "Viltis". The lyrics of the anthem "Mes irgi galime mylėti" ("We can love too") reflect the philosophy of the organization: understanding and love for everyone, regardless of our differences. more »

BS/2 and ASHBURN International Will Take Part in the PLUS-Forum in Tashkent

The International Forum "Banks and Retail: Digital Transformation and Interaction" will be held in Tashkent (Uzbekistan) on June 1, 2021. The event is held with the official support of the Central Bank of the Republic of Uzbekistan. more »

Teltonika Networks and BS/2 Partnership: New Development Horizons and Range of Services

BS/2 has entered into a strategic partnership agreement with network equipment supplier Teltonika Networks. more »

Solution for Disinfection Relevant During a Pandemic

The world learns to live with the coronavirus keeping society open and taking possible precautions. The danger of COVID-19 spreading across surfaces has contributed to the spread of non-cash payment methods. What if you need to enter a PIN to confirm the payment? more »

PCI PIN Сertificate Guarantees the Security of Cards Service

ASHBURN International, a member of the Penki Kontinentai Group, has completed an audit for compliance with PCI PIN Security operations. The certificate allows servicing payment cards using the PIN online authentication method. more »