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Girteka has signed a financing agreement worth €74 million with AKA Bank in Germany. This transaction is supported by Credendo, the Belgian export credit agency. The funds provided are intended for the partial purchase of 1,200 modern trucks and are part of a comprehensive program to renew the company’s fleet. This aims to promote the continuous modernization of its vehicle fleet, which aligns with Girteka’s strategic focus on disciplined growth and operational excellence.
By continuously renewing its fleet, Girteka strengthens its position as a reliable partner for time-sensitive, temperature-controlled, and valuable cargo in Europe. In these segments, predictability, safety, and accountability are of central importance.
Financial Diversification and Stability
The agreement represents an important step in Girteka’s financial strategy to expand access to international financing sources and diversify its capital base. By collaborating with international institutions such as AKA Bank and utilizing ECA guarantees, the group enhances its financial flexibility while maintaining a robust and disciplined balance sheet.
“This agreement is a strategic milestone for diversifying our funding sources and increasing the share of international funds within the group,” explains Vytenis Šuklys, CFO of Girteka Group. “The ECA guarantee allows for favorable loan conditions, including more competitive rates than typically available in local markets. This strengthens our capital structure and supports sustainable, long-term growth.”
Commitment to Efficiency and Sustainability
The fleet renewal is a central component of Girteka’s operational efficiency plan. For professional drivers, trucks are the workplace. The latest vehicles offer enhanced visibility, advanced driver assistance systems, and higher technical reliability, contributing to reduced accident risk and minimized operational disruptions.
Each new truck will be fully integrated into Girteka’s digital ecosystem, enabling predictive maintenance, real-time performance monitoring, and faster problem resolution. This integration supports stable and efficient operations, ensures consistent service quality for customers, and creates a safe and reliable working environment for drivers.
