2022 01 12

VIPA 2021 Year in Review

Dear colleagues and partners,
Thank you for a wonderful year and sincere cooperation in 2021.
We can rejoice over the sustainable development of VIPA all together: we have successfully implemented the already started projects and created new ones, increased the scope of funding and created added value for Lithuania and its people.
Let’s all together remember the most important VIPA’s events and achievements last year.

Gvidas Dargužas, CEO

Lithuania has joined the Three Seas Initiative Investment Fund (3SIIF)
VIPA committed to invest EUR 20 million in the Three Seas Initiative Investment Fund and became a full-fledged member of the fund. The aim of the 3SIIF is to invest in transport, energy and digital infrastructure in 3SI countries and to help to tackle development disparities between separate EU regions. Read more

The European Bank for Reconstruction and Development provided support for the improvement of energy efficiency in multi-apartment residential buildings in Lithuania
On 4 August, VIPA signed an agreement with the European Bank for Reconstruction and Development (EBRD), which formed the basis for issuing a loan of up to 67.5 million euros for the renovation of multi-apartment buildings in Lithuania. This loan will provide an opportunity to finance the renovation of about 170 multi-apartment buildings. Read more

The signing of the 1000th agreement on the modernization of multi-apartment buildings
On 23 September 2021, VIPA signed the 1000th agreement on the renovation (modernization) of multi-apartment buildings. The agreement was signed by VIPA and UAB Utenos Butų Ūkis.
Read more

New financial instrument for the development of the FEZ and industrial parks
VIPA and the Ministry of Economics and Innovation signed an agreement on the establishment and financing of the incentive financial instrument “Installation of Typical Production Buildings in Free Economic Zones, Industrial Parks and Other Industrial Territories”.
Read more

TIPS – a new investment platform for financing sustainable projects together with the EEEF
VIPA invested in the Limited Partnership “Promoting Sustainable Resource Development” (KŪB Tvariųjų išteklių plėtros skatinimas (TIPS)) together with the European Energy Efficiency Fund (EEEF), the main purpose of which is to finance sustainable investments, contributing to the mitigation of direct consequence of climate change. The fund totals EUR 37 million. Read more

The first educational institution infrastructure project funded by VIPA has been implemented
The opening ceremony of the new building for the Kaunas campus of the College of Social Sciences was held on 17 December.
The project was funded with capital from VIPA under the measure “Renovation and Development of Higher Education and Vocational Training Infrastructure (Buildings)”.
Read more

New VIPA’s organizational structure – for long-term development of operations
Structural changes have been initiated and implemented under a project funded by the European Commission’s Directorate-General for Structural Reform Support.
VIPA’s core competencies have been strengthened and new structural divisions have been established to expand marketing and communications, treasury and risk management, and other important areas.
Read more

VIPA 2021 Year in Review

<!doctype html>

Dear colleagues and partners, Thank you for a wonderful year and sincere cooperation in 2021. We can rejoice over the sustainable development of VIPA all together: we have successfully implemented the already started projects and created new ones, increased the scope of funding and created added value for Lithuania and its people. Let’s all together remember the most important VIPA’s events and achievements last year. Gvidas Dargužas, CEO

Lithuania has joined the Three Seas Initiative Investment Fund (3SIIF) VIPA committed to invest EUR 20 million in the Three Seas Initiative Investment Fund and became a full-fledged member of the fund. The aim of the 3SIIF is to invest in transport, energy and digital infrastructure in 3SI countries and to help to tackle development disparities between separate EU regions. Read more

The European Bank for Reconstruction and Development provided support for the improvement of energy efficiency in multi-apartment residential buildings in Lithuania On 4 August, VIPA signed an agreement with the European Bank for Reconstruction and Development (EBRD), which formed the basis for issuing a loan of up to 67.5 million euros for the renovation of multi-apartment buildings in Lithuania. This loan will provide an opportunity to finance the renovation of about 170 multi-apartment buildings. Read more

The signing of the 1000th agreement on the modernization of multi-apartment buildings On 23 September 2021, VIPA signed the 1000th agreement on the renovation (modernization) of multi-apartment buildings. The agreement was signed by VIPA and UAB Utenos Butų Ūkis. Read more

New financial instrument for the development of the FEZ and industrial parks VIPA and the Ministry of Economics and Innovation signed an agreement on the establishment and financing of the incentive financial instrument “Installation of Typical Production Buildings in Free Economic Zones, Industrial Parks and Other Industrial Territories”. Read more

TIPS – a new investment platform for financing sustainable projects together with the EEEF VIPA invested in the Limited Partnership “Promoting Sustainable Resource Development” (KŪB Tvariųjų išteklių plėtros skatinimas (TIPS)) together with the European Energy Efficiency Fund (EEEF), the main purpose of which is to finance sustainable investments, contributing to the mitigation of direct consequence of climate change. The fund totals EUR 37 million. Read more

The first educational institution infrastructure project funded by VIPA has been implemented The opening ceremony of the new building for the Kaunas campus of the College of Social Sciences was held on 17 December. The project was funded with capital from VIPA under the measure “Renovation and Development of Higher Education and Vocational Training Infrastructure (Buildings)”. Read more

New VIPA’s organizational structure – for long-term development of operations Structural changes have been initiated and implemented under a project funded by the European Commission's Directorate-General for Structural Reform Support. VIPA's core competencies have been strengthened and new structural divisions have been established to expand marketing and communications, treasury and risk management, and other important areas. Read more

VIPA and eeef: Sustainable Investing at Work – How it Looks in Practice

Sustainable Resources Development platform – JV of VIPA and eeef- will allocate 2.4 million euros for the development of the solar plant in Lithuania

New Funding Opportunities for Sustainable Energy Projects

Launch of a Single National Funder to Open up a New Level of Opportunities for the Development of Lithuania’s Public and Private Sector

VIPA 2021 Year in Review

New VIPA’s organizational structure – for long-term development of operations

The first educational institution infrastructure project funded by VIPA has been implemented – a new building at the SMK is about to open for students in Kaunas

VIPA presents a new financial instrument for the development of free economic zones, industrial parks and other industrial areas

VIPA has established an investment platform for financing sustainable projects together with the European Energy Efficiency Fund

The signing of the 1000th agreement on the renovation (modernization) of multi-apartment buildings

The European Bank for Reconstruction and Development has supported the improvement of energy efficiency in multi-apartment residential buildings in Lithuania

Lithuania has joined the Three Seas Initiative Investment Fund

VIPA 2021 Year in Review

VIPA 2021 Year in Review