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Lithuanian Solar Business Sale: €200K Auction & €3.5M Deal

by Michael Brown - Business Editor
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The initial asking price for the equipment is 200,000 Euros. The first round of bidding concludes on March 20th.

Foreign media reports indicate that Finnish company Valoe Oyj acquired a solar panel manufacturing business from Global BOD Group, controlled by Vidmantas Janulevičius, for 3.5 million Euros. Details of the transaction were previously reported in Lithuanian media. This acquisition signals continued consolidation within the European solar energy sector.

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