On City Service AB cooperation with Hansabankas


Сity Service AB has signed a credit agreement with Hansabankas. The Company
will receive a credit of LTL 30 million (EUR 8.7 million). 

“The credit will finance foreseen acquisitions both in Lithuania and other
coutries.”, - said Žilvinas Lapinskas, General  Director of City Service AB. 

City Service AB has acquired 8 facility management companies in Lithuania since
its IPO last year. 

The leader of facility management market in the Baltic States City Service
Group now consists of 23 facilities management companies operating in
Lithuania, Russia, Latvia and Ukraine. The Group manages 11.5 million square
meters of facilities. 

Vilius Mackonis,
Public relations manager
+370 655 511 01