History in brief

Scientific knowledge, academic excellence and the application of modern management principles provided the foundation for our business.

At its inception in 1992, FIMA's core staff were physicists and mathematicians from Lithuanian academia, and our name derives from the first syllables of the Lithuanian words “fizika” (physics) and “matematika” (mathematics).

FIMA’s goal is to provide the most significant contribution to the modernisation of the Baltic region’s infrastructure. This is what drives us and pushes us on to seek new innovations and to apply them in everything that we do.

Having started in security and alarm systems, FIMA has expanded into telecommunications, automation, data communication and many other areas. As our portfolio has grown, so our organisation has continued to develop and today FIMA is an international company recognised for intelligent engineering solutions.

FIMA has come a long way since 1992 and yet our fundamental principles remain the same: to discover and develop new concepts and ideas, to be successful in every area we operate in and to always remain at least one step ahead of the competition.

Milestones in FIMA’s history.

In 2019, the companies of FIMA Group successfully implemented a number of significant security, building and transport infrastructure projects: a surveillance system was installed on the EU’s external border at the Lavoriškės station on the frontier between Lithuania and Belarus; rail technology infrastructure was implemented on a rebuilt section of track at Rengė in Lithuania and Liepaja port in Latvia; building infrastructure systems were installed at the Hilton Hotel business centre in Vilnius and at the Akropole shopping mall in Latvia; advanced speed control and warning systems were implemented on the Panevėžys by-pass and road E67 in Latvia.

The intelligent transport system installed on road E67 won a first prize in the New Engineering Structure category at Latvian Construction Industry’s Annual Awards 2018.

Meanwhile, in order to better represent the Baltic interests of its major shareholder – American capital fund MVC Capital – FIMA has become a member of the American Chamber of Commerce in Lithuania.

By strengthening its focus on its core business – public and private infrastructure modernisation projects – the FIMA Group sold its wholesale business. This was one of a number of decisions taken to increase business efficiency and strengthen the operations of the entire group across the Baltic Sea Region.

 

2018

In 2018, Vytautas Zinkevičius, the company’s former Business Development Director, became the FIMA Group Chief Executive Officer and the head of the company in Lithuania. A new top management team was formed, and a new strategy introduced which was focused on ensuring the group’s sustainability across the Baltic region.

In 2018, the FIMA Group achieved a record annual turnover of EUR 83 m.

In Lithuania, the company installed the Baltic States’ first average speed enforcement system. It also implemented a large-scale intelligent transportation system – SMART E67 – in Latvia, installed a new video-surveillance system in Vilnius and successfully ran several significant railway infrastructure modernisation projects in Poland and Lithuania.
 

2017

FIMA made a significant step in the implementation of Company’s international development strategy. In 2017, the Company entered the Polish railway market and acquired a 67.37% stake in one of the leading Polish railway infrastructure companies KZA (Krakowskie Zakłady Automatyki S.A.). This strategic transaction opens for FIMA opportunities to exploit the exceptional expertise of its specialists in the Baltic region and will help establish itself in one of the largest railway infrastructure markets in Europe and secure long-term growth prospects.

FIMA completed the implementation of a strategically significant project – electrification of the railway track Naujoji Vilnia – state border with Belarus – 28.6 km. This is the first railway electrification project in Lithuania during the past 40 years. FIMA also installed the first average speed enforcement system in the Baltic region.

Avaya, a global communications technology company and long-standing partner of FIMA, granted the Company the status of a Diamond Partner as an appreciation of its consistent work, sales, and qualifications of the Company’s specialists.

Aiming to be an active player in the security and defence market FIMA became a member of the Lithuanian Defence and Security Industry Association.
 

2016

During 2016, we began work as general contractor on a major new project: the construction of the Rambynas border control post on the Lithuanian border with Russia.

We continued work in one of our priority sectors – railway system upgrades. We signed contracts in Lithuania to upgrade traffic control, telecommunications and power supply systems on the second track on the Pušynas–Paneriai of Vilnius Bypass and on the Rokai–Jiesia section of Rail Baltica.  We also signed our first contract to upgrade railway infrastructure on railways in Poland.

We started the implementation of Lithuania’s largest DMR Tier II network which will ensure that teams working for the electricity and gas distribution company, ESO, are able to respond to incidents promptly and effectively.

FIMA was among the 100 companies that created most added value for Lithuania during 2015, according to data from the Lithuanian Department of Statistics.

The ISO/IEC 27001 information security management system was implemented in the company.

2015

During 2015, FIMA implemented four data centres in Lithuania: for the State Social Insurance Fund Board, Vytautas Magnus University, RackRay and TEO (Telia). Following our work, the TEO (Telia) data centre was given a Tier III reliability certificate.

During  work on electrifying the section of rail line between Naujoji Vilnia and the Belarusian border, we invested in equipment manufactured by Palfinger of Austria and SVI S.p.A. of Italy for the overhead electrical supply system. This modern equipment can be used for overhead systems on both eastern and western standard gauges.

A border control post compliant with international requirements and built and fitted out by FIMA opened on the Lithuanian border with Belarus at Tverečius.

Avaya, the world leader in business communication systems, confirmed that we comply with the Joint Service Delivery quality criteria for system implementation and maintenance.

We participated in the implementation of the most modern rail data transmission network in Latvia and this was launched in January 2016. We also implemented an academic data centre at Riga Technical University (RTU).

FIMA has expanded into the Polish market and, in 2015, an agreement was signed for FIMA Polska to implement engineering systems at an entertainment and sports arena in Gliwice. FIMA became an associate member of the Polish-Lithuanian Chamber of Commerce.

We provided more than 20 building infrastructure systems at the Sokol Sports and Entertainment Complex in Belarus, which covers an area of 65,000 sq m and features a five-star Marriott Hotel. We also continued our road infrastructure projects and implemented smart traffic light regulation systems at road intersections and pedestrian crossings.

2014

We signed a contract to electrify the rail line between Naujoji Vilnia and Lithuania’s border with Belarus. It is the country’s second railway electrification project and the first since Lithuania regained independence. As part of its contribution to the projects for the electricity distribution networks operator, LESTO, FIMA introduced smart electrical grid sectioning facilities for the first time as well as the installation of a security system at the liquefied natural gas (LNG) terminal.

The FIMA Latvia team signed contracts to upgrade infrastructure at Liepaja railway station and to modernise Latvian railways’ main data communication network and completed construction of a second track on the line between Skriveri and Krustpils.

In Belarus, we installed more than 20 engineering systems at the water park in Minsk and have continued road infrastructure projects including ‘smart’ traffic-light control systems at crossroads and pedestrian crossings.

As part of our increased presence in the Polish market, we signed a contract with the Polish Seym to design and build a backup clerical data centre. FIMA Poland also contributed to a project to build a data centre in the Euro-Centrum Science and Technology Park in Katowice and introduced engineering solutions at a modern business centre, West Warsaw Office.

In 2014, our firm was awarded a gold medal at the Lithuanian Product of the Year annual awards hosted by the Lithuanian Confederation of Industrialists for our installation of an integrated staff and vehicle access control and time and attendance registration system at Lifosa, a fertiliser plant.

2013

We have signed important contracts to implement the regional-scale rail project, RAIL BALTICA, and the Lithuanian broadband Internet development project, RAIN2.

We have achieved considerable business growth on the Belarusian market: the value of the contracts has increased significantly thanks to major projects including introduction of engineering systems in Minsk’s largest water park and in the Marriott hotel and entertainment complex financed by Qatar investors.

In 2013 our company won a gold medal at the Lithuanian Product of the Year annual awards hosted by the Lithuanian Confederation of Industrialists for the first crossroads in Lithuania with a public transport priority system.

We were awarded a special innovation prize at the Merits to Business awards of the Lithuanian Ministry of Economy for unique safety solutions introduced at the FORTUM KLAPĖDA power plant.

2012

FIMA completed the implementation of the largest project in its history: the modernisation of the signalling and power supply systems on Lithuanian Railways’ IXD corridor. The project involved work on 110km of railway line and involved more than 50 subcontractors.

FIMA also signed a contract for a project which is of huge significance for Lithuania: the construction of the National Centre for Physical Sciences and Technology of Vilnius University.  It will be the largest technological building in the country and will be equipped with more than 250 laboratory facilities.

The company was included on the list of Lithuania's 100 most valuable companies drawn up by GILD Corporate Finance investment bank.  FIMA is the only engineering solution company on the list.

2011

FIMA entered the Polish market by setting up a subsidiary, FIMA Polska.

For the second time, the company won gold in the Lithuanian Product of the Year competition for implementing the entire Biological Safety Level III lab infrastructure for the National Public Healthcare Laboratory.

2010

FIMA set up a subsidiary in Belarus and went on to sign a contract for an important railway modernisation project in Latvia.

The company expanded its portfolio of energy solutions and built a partnership with the global leader in energy solutions, GE Energy.

2009

FIMA became partners with US company Eaton, a global leader in manufacturing uninterruptible power supply (UPS) equipment.

The company installed the most cost-effective data centre in Central and Eastern Europe for Baltic Data Center. With an innovative cooling system, KyotoCooling, the work led to the data centre’s energy consumption for cooling being cut eight-fold.

The installation of a state-of-the-art data centre for Lithuanian railways won a gold medal in the Lithuanian Product of the Year contest run by the Lithuanian Confederation of Industrialists.

FIMA launched a new online shop, www.fimasales.lt, and expanded the wholesale of components for electronic systems.

2008

US business development company MVC Capital took a majority stake in FIMA.

That year, FIMA signed the biggest contract in its history. Working with a partner, Czech company AŽD Praha, the company started work on the reconstruction of 100km of railway systems, a project of major significance for Lithuania.

The Lithuanian Ministry of Economy awarded FIMA for the installation of a security system at Būtingė oil terminal in the Baltic Sea, recognising us as one of the seven most innovative companies in Lithuania.

We set up an Energy Solutions Department providing substation construction and reconstruction as well as power supply infrastructure solutions.

2007

The company implemented several projects to satisfy the Schengen Agreement requirements. These were of major importance to Lithuania.

It signed a preliminary agreement with NATO’s Consultation, Command and Control Agency (NATO C3), becoming the first Lithuanian company to enter into such an arrangement.

FIMA set up a Project Implementation Office to ensure that it only delivered projects of the highest quality and, by the end of the year, the workforce had grown to more than 350 people.

2006

FIMA became an international company after setting up a subsidiary in Latvia. That year, the workforce grew to 300 people.

Avaya made FIMA a Gold Business Partner – the first time that it had awarded such status to a company in the Baltic.

During the first stage of strengthening the European Union border, FIMA reconstructed national frontier zones in line with the security standards enshrined in the Schengen Agreement.

2005

The workforce had grown to 280 people and the company set up an office in Šiauliai, another Lithuanian town of strategic importance.

During the same year, FIMA was included in the NATO list of potential tenderers and it was awarded the project to reconstruct the emergency runway lighting  system at Zokniai airport.

2004

FIMA opened its e-Automation Department and Technical Service Centre to offer round-the-clock technical maintenance services across Lithuania.

As a general contractor, the company launched the largest state-of-the-art data centre in Lithuania, covering 500 sq. m. and integrating 18 engineering systems.

2003

FIMA became the first company in the Baltic states to achieve the status of Silver Business Partner to the US company Avaya a global leader in business communication solutions.

2002

The company participated in what was, at the time, the largest railway modernisation project in the Baltic states. The company modernised the line between Kaišiadorys and Radviliškis and installed telecommunications, data transmission, security, fire alarm, automatic fire extinguishing and power supply systems.

FIMA built a public video surveillance system in Vilnius, at the time the largest and most advanced in any of the Baltic states.

2001

Following the separation of Avaya from Lucent Technologies, Fima signed new agreements with both companies to become their accredited partner for Lithuania.

2000

FIMA introduced a quality management system complying with ISO 9001 requirements to ensure that its work was of the highest quality.

1999

The company started offering uninterruptible power supply and process automation solutions.

1998

FIMA opened an office in Klaipėda, one of the major ports in the Baltic Sea.

1997

FIMA established a Data Network Solutions Department, signing co-operation agreements with IBM, FORE Systems and Nbase Xyplex (Optical Access).

The company became a system integrator in security, automation, telecommunications and voice and data communication networks.

1996

The company became a leader in security, fire alarm and video surveillance solutions in Lithuania.

Together with partner AT&T (Lucent Technologies), FIMA won a tender for the Lithuanian Ministry of Interior for the installation of telecommunications systems, gaining a leading position in the sector.

1995

The company continued to expand, opening  an office in Kaunas, the second largest city in Lithuania.

FIMA signed co-operation agreements with Burle, Philips, Cardkey and other world-famous companies.

1994

FIMA signed a distribution and partnership agreement with the world’s biggest telecommunications company, AT&T (Lucent Technologies).

1993

Telecommunication Solutions department was created to lead the installation of telephone stations and computer networks.

1992

The private limited company was created on March 16th and quickly won praise for the installation of security and fire alarm equipment.