Last update: 28.12.2024 05:22 (GMT+2)

Longo Group 3Y Bond (11.12.2024)

Riga market | First North Corporate bonds

LONGOFLOT25FA  |  ISIN LV0000860096

Longo Group

Longo Group

Name:  AS Longo Group
Core business: Used cars retailer
Auditor: KPMG Baltics

Supervisory Board:
Aigars Kesenfelds (chairman), Māris Keišs, Kristaps Ozols, Alberts Pole, Jonathan Neil Smith.

Management Board:
Edgars Cērps (chairman), Jacob W. Hoogenboom

Background information:
Longo Group was established in 2018 and is the leading specialized used car retailer in the Baltics. In 2022, turnover of the Group reached 44.7 million euros, which is 48% more than the previous year. Longo Group is present in Estonia, Latvia, Lithuania and Poland, as well as in the Netherlands, Belgium and Germany. The Group brings a new meaning to the Baltic used car retail industry by providing a fully transparent, reliable and world class used car purchase experience via both online and physical sales channels. Being a fully vertically integrated company, the Group carefully selects and sources (purchases) most of its cars from the Netherlands, Belgium, Germany and the Baltic countries. The Group has its own preparation center in Lithuania with facilities based in the Panevėžys region. To ensure the highest quality standards, before cars are sold, they are thoroughly checked, conditioned and, if needed, repaired by Longo’s professional team. The Group is also offering financing and extended warranty solutions of its partners to customers.

Contacts:
Address: Audeju street 15, Riga, Latvia, LV-1050
Web page: https://longo.group/
E-mail: info@longo.group

Contact person:
Dārta Keršule
Group CFO
E-mail: info@longo.group

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