EUR 20 million financing granted to Vlantana Group
We have granted EUR 20 million of financing to Vlantana, a group of companies that specializes in cargo transportation and warehousing.
"We are delighted that we don't have to engage in a prolonged search for funding options. Our longstanding partnership with the bank enables us to make the best decisions quickly and efficiently for our business. We work with major Western clients and are one of the largest asset-based transport companies in Europe, so the borrowed funds will be further invested in updating our transport fleet and improving operational efficiency," says Sabina Chochrina, the CEO of Vlantana UAB.
"We have been collaborating with Vlantana Group for nine years, and this partnership is built on long-term trust, professionalism, and competence. We congratulate the company for investing in new, environmentally friendlier trucks and striving to strengthen its competitiveness even during this period of slowdown in the transportation sector," says Arturas Kveinys, project's Relationship Manager of our branch.
At the bank, we have accumulated significant experience working with the largest carriers and have a profound understanding of the industry's specifics. We are delighted to be the home bank for the biggest transport companies in Lithuania, as they perform all their daily operations with us.