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International Internet Magazine. Baltic States news & analytics Saturday, 15.08.2020, 11:27

American Euronet sets up business in Lithuania

BC, Vilnius, 29.07.2020.Print version
American electronic payment company Euronet has established a company in Lithuania, according to Lithuania's Center of Registers, cites LETA/BNS.

Ria Lithuania was established on July 27 and American company Euronet Worldwide is its sole shareholder. The new enterprise is led by Portuguese national Jose Cabral.

The Euronet group offers financial services, including ATM, credit and debit card services and currency exchange.

Last year, the group posted 2.750 billion US dollar in revenue, up 13 percent from 2018, and its EBITDA rose 23 percent to 607 million US dollars.

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