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Storent Holding posts €20m turnover in H1

Storent Holding posts €20m turnover in H1

In the first half of 2024, Storent Holding generated nearly €20 million in turnover and €4.4 million in EBITDA. To drive long-term growth, the company invested heavily in equipment, IT, and human resources.

Storent Holding bond offer oversubscribed

Storent Holding bond offer oversubscribed

During the offer period, investors submitted 1,445 orders, totaling EUR 8,658,500—24% above the EUR 7,000,000 bond offer. Estonian investors accounted for 49% of the demand, Latvian investors 30%, and Lithuanian investors 17%.

Interview in International Rental News

Interview in International Rental News

Deputy Editor of International Rental News Lewis Tyler speaks to Andris Pavlovs, co-founder and chairman of the board of Storent Group, about the company’s recent funding round, its growth strategy, and the Baltic rental market.

Construction in the Baltics - where to find opportunities?

Construction in the Baltics - where to find opportunities?

For some time now, public predictions about the outlook for the construction industry have been cautious to say the least - there has been no shortage of those predicting tough times as costs rise and projects are put on hold.

“We will not stop there. We will go further.” Owner's vision

“We will not stop there. We will go further.” Owner's vision

Andris Pavlov, co-founder and co-owner of Storent, will talk about Storent's strategy and potential, as well as the future of the construction equipment rental industry.

Top 5 mest uthyrda produkter under 2024

Top 5 mest uthyrda produkter under 2024

Här är våra topp 5 mest uthyrda produkter från förra året, betrodda av proffs inom olika branscher. Oavsett om du planerar ett stort bygge eller arbetar med mindre projekt, är detta utrustningen du kan lita på.

Storent and Smart-ID are digitalizing the construction industry

Storent and Smart-ID are digitalizing the construction industry

The construction industry is typically conservative in adopting digital solutions, yet Storent has become a pioneer, with nearly 50% of machinery leasing transactions now completed online.