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Press releases

Press releases

Modus Group had revenue of EUR 392 million, investments exceeded a quarter of a billion euros

Modus Group, an international group of companies active in renewable energy, mobility services, automotive business, and investment management, had consolidated unaudited sales revenues of EUR 392 million in 2023, which is at a similar level to 2022 (EUR 404 million). 

UAB Modus Grupė successfully distributed a EUR 8 million bond issue: the demand was 2.5 times higher

UAB Modus Grupė, which operates in mobility services, the auto business, investment funds, and other businesses, has completed a public bond issue and raised EUR 8 million in less than a week. More than 400 investors from Lithuania have purchased the bonds.


UAB Modus Grupė launches EUR 8 million public bond issue

UAB Modus Grupė, which operates in mobility services, the auto business, investment funds, and other businesses, on Friday, 17 November, began a public offering of surety bonds with a maturity of up to 2 years. The group plans to raise EUR 8 million through the issue. The funds will refinance up to EUR 8 million of bonds issued three years ago.

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