Financial support from the European Union (EU) funds – for the development of Baltic Data Center’s activities in Northern Europe
04/02/2010

Baltic Data Center by using financial support from the European Union (EU) funds, is expanding its activities in the Nordic countries. During the company’s export promotion project, it is expected to increase this revenue group by approximately one and a half times.

Online PR News – 02-April-2010 – – Baltic Data Center, a leader in the management of data centres and information systems in the Baltic States, by using financial support from the European Union (EU) funds, is expanding its activities in the Nordic countries. During the company’s export promotion project, it is expected to increase this revenue group by approximately one and a half times.

The estimate of the project, which will be implemented by Baltic Data Center until February 2011, amounts to nearly half a million litas, 70 percent of which is financed from the EU structural funds. Currently, the company's revenue from foreign markets accounts for 20 percent of total revenues, this share is expected to increase by 30 percent.

In the course of the project, Baltic Data Center will prepare a long-term strategy for export development to the Nordic countries – Denmark, Norway, Finland and Sweden. The company also invests in the development of marketing tools that are tailored to these export markets, participates in specialized exhibitions.

According to Saulius Markūnas, Director of Baltic Data Center, the company’s strong positions on the Lithuanian market and the projects, which are being successfully implemented in foreign countries, give reason to expect further development. “When participating in specialized exhibitions, the company has established contacts with companies operating in Northern Europe and other countries, such as IKEA, SEB, Telecom Italia, Scania, Henkel and others”, - S. Markūnas said.

Since 2007 Baltic Data Center has been implementing and managing the IT infrastructure of Bank DnB NORD ensuring provision of seamless banking services to customers in Poland, Estonia, Latvia and Lithuania. Last year Baltic Data Center signed an agreement with the first Asian company Interlogics based in Japan on management and development of its systems.

At the awards ceremony of the international conference Data Centres Europe, Baltic Data Center was announced as the best data centre operator in Central and Eastern Europe.

About Baltic Data Center
Baltic Data Center, a company belonging to TEO LT, AB Group of companies, is a leader in the management of data centers and information systems in the Baltic States. The company owns five modern data centers, which meet the highest requirements of security, and is the first company in its sector in the Baltic States the activities of which have been evaluated with the international certificate of compliance with the ISO 27001 standard.

Baltic Data Center services are trusted and used by the largest Lithuanian and foreign companies. The main focus of the continuously-growing company is on ensuring customers’ business continuity, security, cost savings and competitiveness.