Longo Group | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Longo Group is the leading used car retailer in the Baltic states, with a mission to transform the used car industry by providing...


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Longo Group is the leading used car retailer in the Baltic states, with a mission to transform the used car industry by providing a transparent and reliable purchase experience. The company operates both digitally and through physical locations, sourcing cars from the Netherlands, Belgium, and Germany, and ensuring they are thoroughly checked and prepared before sale. With consolidated revenues exceeding 46 million euros in 2022, Longo aims to become the market leader in car retail in the region.

Website
Headquarters
Riga, Latvia
Size
51-200 employees
Industry
Motor Vehicle Manufacturing

🛍️ Longo Group Product and Pricing News →

👔 Longo Group CEO, Management and Leadership Team →

⚔️ Longo Group Alternatives and Competitors →

💼 Longo Group Hiring and Layoffs →

🤖 Longo Group Developer, Integration and Automation News →

📈 Longo Group Financials, Fundraising and Valuation News →

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🛍️ Longo Group Product and Pricing News

  • Longo Group is expanding its presence in the used car market by entering Poland with a new location in Białystok.
  • Longo Group plans to expand in Lithuania, where it earns nearly half of its revenue.
  • On November 8, Ted Longo, president of Longo Group, will present to the Slidell Chapter 1396 of the National Active and Retired Federal Employees Association about investor expectations.
  • Longo Group plans to open a new car preparation and service center in Panevėžys by the end of the year, investing 2 million euros with support from Citadele Bank.
  • Longo Group held a webinar on November 14 about their public bond offering, featuring CEO Edgars Cērps and CFO Dārta Keršule.


👔 Longo Group CEO, Management and Leadership Team


⚔️ Longo Group Alternatives and Competitors

  • AUTO1.com
  • |
  • Pendragon
  • |
  • Inchcape
  • |
  • VERTE AUTO
  • |
  • Autobrava
  • |
  • Amserv Group
  • |
  • TEHAUTO LATGALE
  • |
  • Big Boy Toyz
  • |
  • Strickland's
  • |
  • Piamonte
  • |
  • Gaursa

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💼 Longo Group Hiring and Layoffs

  • Longo Group is currently seeking a Senior Full-stack Software Developer, Team Lead in Latvia.
  • Karolis Lamauskas has left Longo Group as Transport Manager in Lithuania to join MANVESTA as Logistics Manager.
  • Longo Group is hiring a new Group Financial Analyst in Riga.


🤖 Longo Group Developer, Integration and Automation News


📈 Longo Group Financials, Fundraising and Valuation News

  • Longo Group is hiring a Financial Analyst to support its upcoming public bond issue and growth phase, as announced by Group CFO Dārta Keršule on October 29, 2024.
  • Longo Group is preparing for a public bond offering in the Baltics in Q4 2024 to refinance liabilities and raise working capital, with Signet Bank as the arranger and Sorainen as the collateral agent.
  • Longo Group is preparing a public bond offering in Q4 2024 to refinance liabilities and raise capital for expansion in the Baltics.


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