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Swedbank finances 10.15 million euro construction of Šiauliai police headquarters

Swedbank finances 10.15 million euro construction of Šiauliai police headquarters

From Delfi · () Lithuanian

Translated from Lithuanian, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Swedbank is financing the construction of a new police headquarters in Šiauliai, Lithuania, with a loan of 10.15 million euros.
  • The project, built under a public-private partnership model, includes design, construction, and maintenance services for the facility.
  • The new building will house all police units in Šiauliai, accommodate over 200 employees, and feature a 235-space parking lot with EV charging stations.

Swedbank has provided a 10.15 million euro loan for the construction of a new police headquarters in Šiauliai, Lithuania. The project utilizes a public-private partnership model, encompassing the design, construction, and ongoing maintenance of the facility.

Arvydas Račkus, head of Swedbank's Real Estate and Energy client department, stated that the bank's goal is to ensure such projects have a strong financial foundation and contribute to creating modern spaces that enhance public safety and public service delivery. The new headquarters is designed to consolidate all police units operating in Šiauliai, providing a workspace for over 200 employees. Additionally, it will include a 235-space parking lot equipped with electric vehicle charging stations and dedicated parking for bicycles and scooters.

Our goal is to ensure that such projects have a strong financial basis and help create modern spaces that contribute to public safety and smoother public service delivery.

— Arvydas RačkusHead of Swedbank's Real Estate and Energy client department, commenting on the bank's role in financing the project.

Marius Jablonskas, chief of the Šiauliai County Main Police Commissariat, emphasized that the construction of the new building represents a significant step in strengthening the region's police infrastructure. The project is being implemented in collaboration between the Police Department and private partners, with the public-private partnership agreement set to last for 15 years.

The construction of the new Šiauliai County Main Police Commissariat building is a significant step in strengthening the police infrastructure in the region.

— Marius JablonskasChief of the Šiauliai County Main Police Commissariat, highlighting the project's importance.
DistantNews Editorial

Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.