Core Insights - NRD Companies announced a strategic consolidation of its subsidiary technology development entities, merging UAB "ETRONIKA" into UAB "NRD Systems" to form NRD Digital, effective December 31, 2025 [1][2] Group 1: Strategic Move - The formation of NRD Digital combines two strong delivery entities within the NRD Companies portfolio, enhancing value for clients through a stronger organization and expanded delivery capacity [2] - The consolidation aims to provide clients with access to larger, multidisciplinary teams of professionals, ensuring higher reliability and compliance with various international standards [2][3] Group 2: Operational Efficiency - The merger allows NRD Digital to respond faster and scale more efficiently, supporting complex, mission-critical systems throughout their full lifecycle [3] - The reorganization was executed in accordance with Lithuanian law, ensuring a seamless transfer of rights, obligations, and contractual relationships from ETRONIKA to NRD Digital [3] Group 3: Company Background - NRD Companies is a global IT development and consulting group specializing in governance and economic digital infrastructure, with nearly three decades of expertise [4] - The group operates across GovTech and FinTech sectors, delivering e-services platforms and supporting countries in achieving the UN Sustainable Development Goals through digital transformation [4]
NRD Companies Forms NRD Digital to Strengthen Delivery Capacity and Client Value
Globenewswire·2026-01-06 07:43