The capital, split equally between the EIB and Swedbank, activates a formal agreement with the Lithuanian Ministry of National Defence. Following initial site preparation in January, contractors Conres and Fegda are now scaling up operations. The successful financing followed a rigorous international due diligence process, vetting the technical and legal capacities of the construction firms involved.
This development is central to hosting a permanent German brigade, a move intended to bolster NATO’s eastern flank. The current phase targets a 52-hectare site featuring 27 specialized structures spanning 94,000 square metres. Beyond housing, the site will accommodate a parade ground, helicopter zones, and heavy equipment storage. According to Andrius Načajus, CEO of INVL Asset Management, the project serves as a model for public-private cooperation in regional security. EIB Vice-President Karl Nehammer and Swedbank Lithuania CEO Inga Skisaker echoed this sentiment, framing the investment as a dual contribution to both national defense and long-term economic stability.
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