EU structural funds give strong impulse to FORPOST banking information system

25 June 2009

Under order of the minister of economy of the Lithuanian Republic, “Forbis” the developer of banking information systems has been extended financing for preparation of the strategy of export market research and development.

Financing was provided to the company according to the “New possibilities” programme oriented to the search of export possibilities for enterprises.

“We are glad that both state and EU structures showed their trust to our company, esteemed the potential of our activity, and the importance of the implemented technological innovations and relevance to the present days‘ needs,“ commented on financing extension company‘s CEO A. Zujev, “We are a company providing high technologies. Our products are being successfully used in Lithuanian, Latvian, Belarusian, and Russian banks. We feel that both our product and the qualified specialists have outgrown the current market. The financing extended by the European Union and designed for the export development projects will give our company a strong impulse to make Lithuanian Hi-Tech achievements known beyond the State.”

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development