Storent has opened a new rental depot in Kaunas to strengthen its presence in Central Lithuania and be closer to the customers in the region. This event marks a new milestone for the company: Storent operates in 30 locations across five countries.
Andris Pavlovs, co-founder and Chair of the Board of Storent, said: "This milestone reflects our ongoing commitment to growth. With strategic fleet investments and a strong team putting them to work, we have caught the wave toward our development goals. The rental industry is rapidly evolving, adopting new digital tools and expanding into new sectors, and we know exactly how to leverage these advancements to drive growth and innovation. We will keep moving forward."
The new depot is centrally located on Europos pr. 60, Kaunas, and focuses mainly on small tools, convenient for a grab to the surrounding construction and renovation sites. However, as in any depot of Storent, customers may order the whole range of equipment while providing access to larger equipment on demand.
"The construction activity in Lithuania is growing in numerous sectors. Kaunas is the fastest growing city, where new warehouses and residential buildings are being built. Our goal is to ensure that builders and contractors have quick, reliable access to high-quality equipment. The new location has already ensured new cooperations," the director of Storent Lithuania Simas Kazlauskas comments.
Storent is one of the leading equipment rental companies in the Baltics, and is present in Finland and Sweden. Lithuania is the second-largest contributor to Storent Holding in terms of total rental revenue share. Currently, Storent has 13 depots in Latvia, 8 in Lithuania, 4 in Estonia, 4 in Finland, and 1 in Sweden.