Estonia's authentication and electronic signature solutions company SK ID Solutions is setting up a unit in Vilnius amid signals that regulatory changes might be in the pipeline in Lithuania, the business daily Verslo Žinios reported on Thursday.
© Vida Press

"We are looking to set up a unit of SK ID Solutions or a subsidiary company in Lithuania by the end of this year. We feel that we already have a rather large customer base for that," SK ID Solutions CEO Kalev Pihl said during a presentation at the Estonian embassy.

According to Verslo Žinios, Lithuania's government wants to keep personal identification and authentication solutions in its hands or at least within the country's jurisdiction. No official decisions have been made yet, but the Interior Ministry has expressed such a position.

This appears to be a reason behind SK ID Solutions' decision to establish a unit in Lithuania, whose three major communications operators started using its mobile signature solutions last July, the paper said.

The Interior Ministry would give no official comments on this issue, at least for now.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Modern office space leasing thrives in Vilnius (1)

The beginning of 2019 stood out in the office market of Vilnius by the abundance of leasing deals...

Justice Minister asks top court about lift ban on Paksas

Justice Minister Elvinas Jankevicius has asked the Constitutional Court to clarify how to...

Lithuanian anti-trust body says recovering fine from Gazprom is difficult

Lithuania has so far failed to find Gazprom 's assets from which it could recover a 42-million-euro...

Achema turns to CJEU over LNG terminal's maintenance costs

Jonava-based fertilizer producer Achema and gas trade company Achema Gas Trade, both part of the...

Lithuania to give EUR 4.5 mln in solar power plant support to residents

The Lithuanian government plans to allocate 4.5 million euros in financial support to residents who...