Modus Group
Modus Group, founded in 1993 in Lithuania, operates in 12 European markets with core activities in renewable energy, mobility services, auto business, and investment fund management.
Company History
Modus Group was founded in 1993 in Lithuania. Over the years, it has expanded its operations to encompass 12 European markets. The organization has diversified its activities to include renewable energy, mobility services, the auto business, and the management of investment funds. Modus Group has consistently focused on growth and sustainability in its business ventures.
Core Activities
Modus Group's core activities span several sectors, including renewable energy, mobility services, the auto business, and investment fund management. In the renewable energy sector, the company develops solar, biogas, wind, and hydrogen projects across Europe. These diverse activities illustrate the company's commitment to innovation and sustainability.
Renewable Energy Projects
Modus Group is extensively involved in renewable energy projects, with a focus on solar, biogas, wind, and hydrogen energy. Through its subsidiary, Green Genius, the company generates approximately 315 GWh of green energy annually. This effort contributes significantly to environmental conservation, saving over 210,000 tons of CO2 each year.
Market Presence in Europe
Modus Group operates in 12 European markets, showcasing its extensive reach and influence within the region. The company's activities are distributed across various sectors, including renewable energy, mobility, automotive, and investment funds. This broad market presence underlines Modus Group's strategic expansion and operational expertise.
Financial Performance
In 2023, Modus Group reported consolidated unaudited sales revenues of EUR 392 million. The company also successfully distributed an EUR 8 million bond issue, which saw demand 2.5 times higher than the offer. This bond issue was launched to refinance bonds issued three years prior, reflecting the company's robust financial strategies and market confidence.