EPSO-G And Swedbank Have Signed A €73 Million Long-Term Loan Agreement

2025-09-03 03:01:23

(MENAFN- GlobeNewsWire - Nasdaq) New Energy Group EPSO-G (company code 302826889, registered office address Laisvės Ave. 10, Vilnius, Lithuania)

EPSO-G and Swedbank have signed a €73 million long-term loan agreement. The financing will enable EPSO-G Invest, a subsidiary of the EPSO-G group, to invest in the development of an artillery ammunition factory near Baisogala, Lithuania.

The EPSO-G Group consists of the management company EPSO-G and six directly owned subsidiaries – Amber Grid, Baltpool, Energy cells, EPSO-G Invest, Litgrid and Tetas. EPSO-G and its Group companies also hold shares in GET Baltic, Rheinmetall Defence Lietuva, Baltic RCC OÜ and TSO Holding AS. The rights and obligations of the sole shareholder of EPSO-G are exercised by the Ministry of Energy of the Republic of Lithuania.

More information

Gediminas Petrauskas, EPSO-G Communication Partner

Tel. +370 610 63306, e-mail ...

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