Privacy Policy

I. INTRODUCTION

The Company is committed to protecting your privacy and ensuring that your personal information is protected. The purpose of this Privacy Policy is to explain what the Company does with personally identifiable information received form the Clients and/or Partners so as to help them to make informed decisions about sharing their personal data.

This UAB „Minties kvantas“(hereinafter referred to as – “The Company“ or “MK”) Privacy Policy (hereinafter referred to as – „The Privacy Policy“) is dedicated to Clients, Purchasers of the Company and any other individuals who visit the Company‘s website, receive the Company‘s information and offers, purchase the Company‘s products or are otherwise involved in cooperation and/or communication and/or services of the Company (hereinafter referred to as „The Clients“). The Privacy Policy also provides information on the processing of personal data of the Company’s Partners, Providers and other persons related to the activities carried out by the Company in the course of its activities, assuming and fulfilling obligations, providing services and selling products.

The Privacy Policy sets out and defines the purposes and procedure for the processing and collection of personal data, the scope of personal data collection, and informs the Clients about the content, scope and implementation possibilities of their rights. If the Client does not agree with this Privacy Policy, it will not be possible to participate in the contractual relations with the Company, as it will not be possible to execute sale-purchase contracts with the Company and the Clients will not take advantage of cooperation with the Company.

The Company respects the privacy of the Clients, the security and protection of their personal data is a priority of the Company, it constantly takes the necessary organizational and technical measures to ensure the security and protection of all personal data, relevant compliance of data processing activities with the requirements of personal data protection legislation worldwide.

By continuing to browse the website www.mkvantas.com, by participating in contractual relations with the Company, by purchasing the Company’s Products or using all other means of collaboration the Client confirms that he / she has read this Privacy Policy, understands its provisions and fully agrees with them. This Privacy Policy applies to all information collected through the website and/or any related services, sales, marketing, etc.

 

II. BASIS OF PERSONAL DATA PROCESSING

The Company collects and processes personal data in accordance with the legal acts of the Republic of Lithuania and the European Union, including, but not limited to, The General Data Protection Regulation (Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of individuals with regard to the processing of personal data and on the free movement of such data) governing personal data protection and related legal relations.

The Company processes the personal data of the Clients on the following grounds:

  • on the basis of informed consent, which is expressed in your active actions, including, but not limited to, browsing the website, contacting the Company and providing personal data, purchasing the Company’s Products, etc.;
  • a Client’s independent submission of the inquiry form or separate request, providing personal and contact details;
  • an implementation of the Company’s legitimate interests, including, but not limited to, administration of the Company’s website and ensuring its proper functioning, guaranteeing the security of the sale – purchase processes for the Clients;
  • on the basis of fulfilment of imperative obligations set forth in laws and/or conclusion and execution, contracts, agreements with personal data subjects and similar documents;
  • for the performance of the duties established by the legal acts of the Company;
  • due to the obligation to perform the public authority functions assigned to the Company or protection of the vital interests of the data subject or other persons.

The Company shall use its best endeavours to ensure that personal data are processed accurately, fairly and lawfully, that they are processed only for the purposes for which they were collected, that they are processed in accordance with clear and transparent legal data processing principles and requirements.

 

III. CONTENT, SCOPE AND PURPOSE OF THE PROCESSING OF PERSONAL DATA

The Clients’ personal data is collected for the purpose of effective communication and cooperation with the Clients, quality response to inquiries, provision of detailed information about the Company and its Products, ensuring that the Clients’ data is precise and relevant, and purchasing the Company’s products creates an exclusively positive experience.

The Company collects Clients’ personal information (name, address, contact information and security data (credentials for authentication), payment information (a payment instrument number and the security code associated payment instrument), purchase and correspondence history, etc.) when Clients express their interest in obtaining information about the Company and/or its products and services, when participating in activities on the website or otherwise contacting us. The information is used directly to fulfil and manage the orders, payments, returns and exchanges between the Clients and the Company.

Some of the information is collected automatically when the Clients visit or navigate the Company‘s website (IP address and/or device characteristics, operating system, language preferences, referring URLs, device name, country, location, information about how and when the Clients use the website and other technical information). This information is primarily needed to maintain the operation and for the internal analytics and reporting purposes.

The Company considers security and legitimacy as matters of the utmost importance and uses information as part of its’ efforts to prevent damage caused by the security incidents, implement fraud monitoring and all necessary preventive measures, also to manage risks and respond to legal requests and prevent losses. Moreover, the information is processed for other related business purposes, including, but not limited to, data analysis, Clients’ feedback, effectiveness evaluation, improvement of the involvement of the Clients.

All personal information that the Clients provide to the Company must be true, complete and accurate, and the Clients must notify the Company of any changes to such personal information.

 

IV. PROCESSING OF PERSONAL DATA ON THE WEBSITE / CLIENTS’ DATABASE

When Clients visit the Company’s website, make inquiries or fill in request form, the Company collects the following data for website statistics and improvement of the quality of service and visitors’ experience: IP address, MAC address, date of a visit, duration, pages visited, devices and programs used for Internet browsing, etc. as specified above.

The website automatically logs information from the browser used to access the website, the pages that are visited from that address, and the website from where the Clients visit the website, if a computer is set to allow that type of collection. The Company uses such information to evaluate interest in its website and to perform other market research activities, such as surveying browsing habits on its website. The Company does not use such information to identify the user who is accessing the website. However, some of the services available through the website may require registration. The Clients may be asked to supply their name, surname, location, contacts and information about their business or occupation or to provide an e-mail address. The Clients may also be asked to submit questions or comments to the Company, or to provide additional information through filled request forms and / or surveys. Providing such information is entirely voluntary. If the Clients do provide such information, the Company may use it to contact the Clients and to inform them of changes to its services or its website. The Company may also use such information to enhance the usability of the website and to ensure it is relevant and meets needs of the Clients. The Company may also ask the Clients to provide consent to certain data usage if it needs to use the Client’s personal data for purposes not covered by this Privacy Policy. The Clients are not obliged to provide such consent, but if they prefer not to, participation in certain activities may be restricted. If users choose to opt out of such different uses, the Company will continue to be able to use Personal Information in accordance with the Privacy Policy under which the information was collected. If the Clients do provide additional consent, the terms of that consent will prevail in case of conflict with this Privacy Policy. Moreover, the Company may use personal data if deemed necessary to protect itself from a security risk, and may share such information with law enforcement authorities if appropriate.

In addition, the Company’s website uses cookies. Cookies are small text (data) files that are placed by the Client’s browser on his/her computer, tablet or other device when visiting the Company’s website. The purpose of cookies is to ensure the efficient, high quality and secure operation of the website (essential, strictly necessary cookies) and to analyse the Clients’ habits so that the usage of the website is convenient, efficient and meets their needs and expectations (“track and target” cookies). These analytics and customization cookies also collect information in aggregate form to help the Company evaluate how the website is being used and how effective (in terms of result) implementation of the Company’s marketing strategy is. Performance and functionality cookies are used to enhance functionality, provide additional features and content of the website.

Cookies may also be used to help speed up Clients’ future activities and experience on the website. The Company also uses cookies to compile anonymous, aggregated statistics that allows it to understand how people use the website and to help it improve their structure and content. Clients can change browser settings to block cookies or to alert them when cookies are being sent to their device. There are a number of ways to manage cookies on Clients’ discretion.

Google Analytics, a website analysis service, will also be used to capture and analyse site usage statistics. More information about Google Analytics is available at https://support.google.com/analytics/answer/6004245?hl=en_US. Clients have the right to opt out that Google Analytics tools will not record information about their web browsing, in which case the Google Analytics Opt-out Browser Plugin will be used.

 

V. PROCESSING OF PERSONAL DATA FOR DIRECT MARKETING PURPOSES

The Company processes the personal data of the Clients for the purpose of promotional communication and direct marketing after obtaining the explicit consent of the Clients for such data processing, including, but not limited to, subscribing to newsletters or confirming its consent in writing as the basis for data processing. For the purpose of direct marketing, the Clients’ names, e-mail addresses and telephone numbers are processed.

The personal data of the Clients for the purpose of direct marketing may be processed:

  • sending newsletters, promotional emails with offers and other relevant information for the particular Client;
  • e-mail invitations to events, special offers and related information;
  • e-mail information regarding significant achievements of the Company, new products, and any other targeted advertising information and also updates regarding changes to the Company’s terms, conditions and policies.

The Clients may unsubscribe from the newsletters at any time by clicking on the appropriate link at the bottom of the newsletters sent by the Company.

If the Company decides to use the services of social networks and other online advertising providers for the dissemination of information about the Company, more detailed information on the collected data, privacy content and conditions, personal data protection measures shall be provided in their privacy policies. The main information will be published on the official website https://www.mkvantas.com and on social networking platforms, specialized electronic publications, etc..

 

VI. PROCESSING OF DATA OF MEMBERS OF THE COMPANY’S MANAGEMENT BODIES, BENEFICIARIES, BUSINESS PARTNERS, SUPPLIERS, OTHER RELATED PERSONS

In its activities, the Company processes the personal data of the members of the management bodies, business partners, service providers, suppliers, other contractors and other persons related to the proper execution and implementation of the Company’s activities, their representatives and authorized persons. This data is obtained from lawful sources (including public registers) and is used only for the performance of applicable legal obligations related to the activities of the Company and its bodies, data registration and processing, compliance with money laundering and terrorist financing prevention legislation, financial accounting and tax obligations, as well as fulfillment of other obligations and responsibilities applicable to the Company.

The following data shall be collected and processed for the following purposes and on an appropriate basis:

  • establishing, maintaining and developing business, professional and other legal relations with the Company;
  • concluding, executing, administering transactions, contracts and agreements related to the implementation of the Program;
  • developing and ensuring the legitimate interests of the Company and related group companies;
  • defending the Company against claims, claims and claims brought against it;
  • the Company’s fulfilment of its obligations and responsibilities under applicable law.

The Company shall retain such data to the extent necessary to achieve the purposes for which they are collected and processed, as well as in accordance with such data retention requirements established by law, during limitation periods to submit or defend legal claims and, if so, to the extent necessary for that purpose.

 

VII. SOURCES OF PERSONAL DATA

The Company has the right to process:

  • data provided by the Clients and / or Partners themselves, when they communicate with the Company, use its services, purchase its products, have other legal relations with the Company, including, but not limited to, request information, purchase its products, enter into or execute contracts, supplies goods and services, otherwise participates in legal relations with the Company;
  • data generated when the Client visits the Company’s website, fills in request forms;
  • data obtained from other legitimate sources – public registries and state information systems, contracting parties and contractors, public professional social networks, public databases, third parties, other legitimate sources.

 

VIII. TERMS OF DATA PROCESSING

Personal data shall be processed and stored no longer than is necessary for the purposes and reason of their collection or for such period as may be prescribed by law.

The retention period for personal data shall be determined in accordance with the following criteria:

  • the time required to achieve the purposes for which the information was collected and processed;
  • the time required for the data processing to comply with the legal requirements applicable to the Company;
  • the time required for the fulfilment of the Company’s contractual obligations;
  • the time for which the Clients and / or Partners have given the right to use the information about themselves by their consent, active actions or in other explicit ways.

Terms of retention of personal data are detailed in this Policy or in the privacy notices or policies for the relevant category of personal data. The Company shall keep personal information for as long as it is necessary for the purposes set out in this Privacy Policy, unless a longer period is required by tax, accounting or other legal imperatives. After the end of this period personal information will be either deleted, or stored without a possibility to process it until deletion.

 

IX. CASES AND CONDITIONS OF DISCLOSURE OF DATA TO THIRD PARTIES

The Company does not transfer Clients’ personal data to any third parties without the prior written consent of the personal data subjects, except in the following cases.

Personal data may be transferred for processing to third parties which have been directly involved in the administration of the Company’s website, the implementation of distance purchases and the provision of necessary relevant services, including, but not limited to, software developers, hosting providers, administrators, business developers, marketing service providers, IT infrastructure companies, companies providing communication services, companies performing data analysis and solutions, the Company’s business partners, etc. In each case, the data processor shall be provided only with the a limited amount and scope of data, necessary for the execution of a specific order or provision of a specific service, and in such cases personal data shall be processed only in accordance with the Company’s instructions. In addition, third parties must ensure the security of this data in accordance with the applicable legislation and with the agreements confirming the obligations concluded in writing with the Company.

The Company uses appropriate technical and organizational safeguards to protect personal information from loss, misuse or alteration. However, it is impossible to guarantee absolute security of personal information. The Clients should keep in mind that data transmitted through an open network such as the internet or an email service can be accessed openly. The Company cannot guarantee the confidentiality of messages or materials sent through such open networks.

Even where the sender and the recipient are in the same country, data may be routed through other countries including such that do not have an adequate level of protection. Please use other means of communication where you consider this appropriate for security concerns. The transmission of all data from or to the website occurs at the Client’s own risk, and the Company does not provide any warranties, expressed or implied, and will not have any liability in relation to such transmission.

Except for these uses, we consider Personal Information collected through Client‘s visit of the website as confidential, and treat it as such.

 

X. JURISDICTION OVER THE PROCESSING OF PERSONAL DATA

Personal data is processed inside the European Union.

Certain technical data of the Clients (IP address, cookies, technical information of the browser used, other information related to browser activities and website navigation) may be transmitted or made available for statistical, analytical and related purposes both in and outside the European Economic Area and /or in the member states of the North Atlantic Treaty Organization or outside their territory, in the latter case, with the utmost care to assess the conditions under which such data will be further processed and stored after the transfer to the above-mentioned subjects.

 

XI. SECURITY OF DATA

The Company implements and constantly and continuously updates necessary organizational and technical security measures that help protect personal data from accidental or unlawful destruction, alteration, disclosure, as well as from any other unlawful processing.

Any personal data provided by the Client and / or Partner, including their name, surname, email address and any other information contained in the email and /or Client’s request may be processed by the Company or outsourced service provider, data centre, storage entity and other IT infrastructure service providers for the purpose of maintaining the security of the Company’s IT systems, business with Clients, Suppliers and other Business Partners, ensuring that data is properly protected and not lost in case of breach of security.

The Clients bear responsibility for the safe usage of the internet services, safe provision of the personal data to the Company and access the Company’s services within a secure environment. The Clients implement all security measures suggested by the Company and are responsible for failure to follow them.

 

XII. DATA PROTECTION RIGHTS FOR INDIVIDUALS GUARANTEED BY LAW

Personal data protection legislation gives the Clients many rights that they can freely exercise:

  1. The right to be informed and access personal data;
  2. The right to rectification;
  3. The right to withdrawal;
  4. The right to erasure;
  5. The right to restrict processing;
  6. The right to data portability;
  7. The right to object;
  8. The right to lodge a complaint;
  9. Rights related to automated decision making and profiling.

The Clients at any time may unsubscribe from direct marketing emails or contact the Company regarding any other issue related to the provision of services or activities of the Company. The Clients are free to manage cookies or to reject them, the latter function may affect the usage of the website.

Information about other rights and how to exercise them is provided in this Privacy Policy and applicable law.

 

XIII. CONTACTS:

You can contact us with any data protection and processing questions:

UAB „Minties kvantas“, code of the legal entity 302830581, registered office at Luksio str. 5-1, 08221 Vilnius, Lithuania, sales@mkvantas.com, tel. +370 673 74 270. /or contacts of other authorized person/.

This Privacy Policy may be updated by the Company at any time. The Company will notify the Clients and Partners of updates by posting a new version of the Privacy Policy, updates apply as of the date of their publication on the website.

 

XIV. FINAL PROVISIONS

If any provision of the Privacy Policy is held to be invalid or inapplicable, that provision shall not affect the legality and enforceability of the remaining provisions of the Privacy Policy.

This Privacy Policy is effective from the 10th July, 2020 onwards.