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Energy Advice opens office in India, eyes further expansion
BC, Vilnius, 18.08.2017.
Print version
Print versionLithuania's Energy Advice, the developer and supplier of the power system modeling and fault analysis software EA-PSM, last year opened an office in India together with its local partners, the daily Kauno Diena reported on August 18th, cites LETA/BNS.
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Following the establishment of Energy
Advice India Pvt Ltd, the Lithuanians are now eyeing new markets and
looking for new expansion opportunities, including a possible project in
Poland.
Vytautas Siozinys, director at Energy Advice,
which is based in the Kaunas Science and Technology Park, believes that the
company's development potential is in exports.
"In the global market, there are at least eight major competitors
developing power system modeling software. These companies have been in the
market for 30 to 40 years now and we have to be flexible and offer exclusivity
if we want to compete with the leaders," he told the paper.
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