New investments
New investments, Tech

NFQ Technologies brings valantic to Lithuania

December 17, 2021

International digital innovation company NFQ Technologies has announced starting a new company for its partner, the Western European technology company group, valantic. It is one of the fastest-growing digital solutions, consulting, and software companies in Western Europe, with a team of more than 2000 specialists.

Together with valantic, NFQ will establish a technology and innovation competence centre in Lithuania and plans to hire up to 200 IT specialists within four years. Expansion to Lithuania was dictated by valantic’s success working in partnership with NFQ on joint projects and NFQ’s 20 years of experience with e-commerce businesses.

Among valantic’s clients are more than 500 blue-chip clients, including 28 of the 40 companies listed on Germany’s DAX stock index and large Swiss and Austrian companies, and many prominent medium-sized companies such as Thyssenkrupp, Siemens, AOK, Coop, Telefonica.

Paulius Insoda, the CEO of NFQ Technologies is excited about working with valantic and addressing the core challenges of digitalization, as well as creating digital solutions that help clients gain a strategic advantage over competitors. “Working together on very large and complex projects, we’ve been able to draw on our 20 years of experience and know-how. We’ve learned how to build high-performing international teams of the highest calibre to guarantee our clients’ success, as well as to work on large-scale, complex technology projects,” says P. Insoda.

The CEO notes, that highly-qualified talent is of the utmost importance for the company.

The future employees of valantic LT will have a chance to form the core of a new IT organization in Lithuania and take on serious technological challenges, working with global e-commerce clients. We've started gathering talented people who are interested in growing and outgrowing themselves. Everyone who joins this challenge will have a real opportunity to climb a few steps up their career ladder and do so faster than they could under normal conditions.
Paulius Insoda, the CEO of NFQ Technologies

valantic currently has offices in 24 locations in Germany, Austria, and Switzerland and another 8 offices internationally.

“Such company entering Lithuania is truly a joyous occasion. valantic is a strong GBS and IT player, which will help Lithuania strengthen its position as an IT cluster of Northern Europe. Additionally, I am sure that qualified and ambitious Lithuanian IT specialists will help valantic reach its business goals,” – congratulates Elijus Čivilis, General Manager of Invest Lithuania.

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Aistė Žebrauskienė
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    Aistė Žebrauskienė Press Officer
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