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Friday, 26.04.2024, 15:48
Lithuanian City Service group buys Latio Namsaimnieks
BC, Vilnius, 11.10.2016.
Print version
Print versionCity Service , the Lithuanian real estate maintenance group with operations in the Baltic states, Poland, Spain and Russia, is expanding its residential building maintenance business in Latvia, writes LETA/BNS.
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The company said via the Warsaw stock exchange that it
purchased a company, Latio Namsaimnieks,
via its Latvian subsidiary last week.
According to the message, the company maintains 290,000
square meters of apartment buildings, also providing services to commercial
estates.
Prior to the deal, City
Service had apartment building maintenance deals for 279,000 square meters
of apartment buildings and 900,000 square meters of commercial premises.
Icor concern holds
a 84.83% stake in City Service , while another
15.17% of its shares are owned by other private and institutional investors.
City Service's
shares are quoted on the Parallel Market of the Warsaw stock exchange.
«The Baltic Course» Is Sold and Stays in Business!
