Invalda AB has successfully completed the transaction of Bank Finasta and other financial sector companies‘ sale, which value is 45.75 mLTL. Considering the evaluation of investments over the entire period, dividends received from the companies of sector and the income of Invalda from the sale, the sector was profitable to Invalda.
Invalda invests in businesses in purpose to create value for the shareholders. Financial sector companies during the period of Invalda management became leaders in their field, and increased value, “- said President of Invalda Darius Sulnis. According to the president, “The sale of financial sector companies completes one of the fundamental stage of Invalda‘s adaptation to the changed economic environment. The received funds will strengthen the balanse-sheet of Invalda“.
D. Sulnis also notes that despite the current economic environment Invalda‘s businesses of pharmacy, road construction, information technology, furniture manufacturing operates successfully. In the further activity Invalda will concentrate on the management of existing businesses to increase their competitiveness and profitability; analyze business development, the increase of value and new investment opportunities.