September 29th 2008, Vilnius. AS "UniCredit Bank" Lithuania Branch will grant a 46 mln. Lt loan for Private Limited Company's "Garsų pasaulis" project. The project is focused on creating personal electronic documents' and innovative IT systems' complex product.
"Garsų pasaulis" plans to purchase two offset printing machines, intaglio printing machine, biometric document accounting and management systems and also - biometric data personalization system.
„UniCredit Bank loan will allow the implementation of modern and important project not only for business but also for the state. Technologies will ensure a higher level of Lithuania produced document security, greater protection against forgery. The implementation of this project will also significantly increase our company's competitiveness in foreign markets. We are glad that our long-time partner AS "UniCredit Bank" will finance this important and useful project "- says Ltd. "Garsų Pasaulis" General manager Vytautas Mieliauskas.
According to him, due to the implemented technologies company products will gain greater added value, competitiveness. Significant increase in exports is also expected.
In turn, one of the largest banking groups in Europe, "UniCredit Group" bank's AS "UniCredit Bank" Lithuania Branch General manager Gintaras Maželis emphasizes the importance of innovative projects. "Our partnership with "Garsų pasaulis" has been successful for six years already. I believe that the granted loan is one more step in strengthening cooperation and business partnership. Our bank constantly finances big and average business projects. In my opinion, implementation of modern technologies is a decision of a far-sighted company", - says AS "UniCredit Bank" Lithuania Branch general manager Gintaras Maželis.
The implementation of the project will allow the company to present to the market modern personal electronic documents: passport forms, personal identity cards and other documents confirming identity.
About UniCredit Group
With total assets of more than €1,060 billion, ranking among the top financial groups in Europe, UniCredit has a presence in 22 countries, with over 40 million clients, round 10,000 branches and some 180,000 employees.
In the CEE region, UniCredit operates the largest international banking network with over 4,000 branches and outlets, where more than 83,000 employees serve about 28 million customers. The Group operates in the following countries: Azerbaijan, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Kazakhstan, Kyrgyzstan, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey and Ukraine.
Further information:
Ramunė Pigagaitė
Marketing Officer
+370 5 2745 364
ramune.pigagaite@unicreditgroup.lt
LIETUVIŲ
UNICREDIT GROUP
