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„The fund’s financial contribution will catalyse the strategic development of Kauno Baldai despite the unprecedented challenges of recent times – the global pandemic and the war in Ukraine. As a result, the company, which has demonstrated extremely rapid growth over the last few years, will work even more efficiently in new premises with modern equipment and will strengthen its position in export markets. Furthermore, having received timely and targeted VIVA financing and led by an ambitious team, Kauno Baldai has all the potential to become one of the top ten European producers of soft furniture,“ says Egidijus Valentinavičius, chairman of the board at Kauno Baldai. ....
The signature between the EIB and VIVA regards a Linked Risk Sharing instrument to improve access to finance for Mid-Caps and Large Corporates in Lithuania. ....
SBA Group company Utenos Trikotažas and the State Investment Management Agency (VIVA), which manages the Business Assistance Fund, have signed a financing. ....