Financial Services, Investments, Markets and Companies

Following the new strategy, Invalda and its real estate and investment subsidiaries will integrate their experience and pursue common goals. Functions, ensuring monitoring, search of new opportunities, risk management and other competencies, fundamental to asset management, will be centralized. Gradually the rearranged structure will intercept management of all trusted assets, including management of the group’s companies.

Subsequent to the reformation, the real estate development company’s Inred and investment management company’s Finasta Investiciju Valdymas competence will be incorporated. The group also plans to establish new private equity and real estate funds. On the basis of the new structure, improved accounting, net asset valuation and information disclosure standards will be implemented.

"While the group enlarging and actively expanding in Central and Eastern Europe, it is time to rearrange the structure corresponding to the best international practice," the president of Invalda Darius Sulnis said LETA.

"The goal to develop successfully group’s activity focusing on long term constant growth still remains. We plan to establish new private equity and real estate funds in the nearest future," he emphasized.