The Fund will be able to finance the renovation and modernisation of up to 800 multi-apartment buildings in Lithuania.
This is an exceptional agreement and the first of its kind in Europe. Our team led by the firm’s Managing Partner Vilius Bernatonis and Senior Associate Eglė Neverbickienė have been working on this deal from the very beginning. Associate Partners Karina Andriukaitienė, Mantas Gofmanas and Senior Associate Karolina Lapinskaitė also contributed to this project.
Šiaulių bankas is a leader in the renovation market (60% market share) with more than 9-year participation in modernisation of multi-apartment buildings programs and cooperation with the EIB.