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INVL Technology

Closed-end investment company INVL Technology invests in information and communication technologies and is listed on NASDAQ OMX Vilnius stock exchange. The Company was created after the merger of BAIP group AB and INVL Technology AB.


INVL Technology operates as a cluster of B2B and B2G oriented IT businesses with a focus in three key areas: business climate improvement and e-governance, cyber security and IT services and software solutions. The largest INVL Technology investments currently are companies in Europe (Lithuania, Norway, Estonia, Moldova) and East Africa (Tanzania, Rwanda and Uganda): Norway Registers Development AS with subsidiaries NRD UAB, ETRONIKA UAB, Norway Registers Development East Africa Ltd, Norway Registers Development Rwanda Ltd. and Infobank Uganda Ltd; BAIP UAB with subsidiary Acena UAB; NRD CS UAB; Algoritmu sistemos UAB; Andmevara AS with subsidiary Andmevara SRL.


In order to generate significant investment return for investors, INVL Technology invests in mature IT companies working in B2B and B2G with sustainable business models, production capacity in the Baltics or Eastern/Central Europe and the potential for synergetic cooperation with other INVL Technology companies.

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

INVL Technology