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ELMO Rent is expanding into the taxi services market

ELMO Rent AS, has signed a memorandum of intentions to acquire Elektritakso OÜ. It will enable ELMO Rent to expand the range of electric car services beyond short-term leasing. Final sales contract is planned to sign in coming weeks. “Environmentally friendly transport solutions are growing trend, and the purchase of Elektritakso allows us to increase […]

ELMO Rent fulfilled the 12-month forecast in 10 months

The total sales revenue of ELMO Rent for 10 months 2021 is 942,032 euros exceeding the 12-month forecast (934,651 euros). The total sales turnover of ELMO Rent in October was 321,386 euros (forecast 106,931 euros), increasing six times compared to the previous year. The turnover increased by 105% compared to September this year, thus breaking […]

ELMO Rent turnover sets a record also in September

According to the established reporting, on the 7th of each month ELMO Rent submits a sales results report of the last month. The total sales turnover in September was the largest in the ELMO Rent history and totaled 159,524 euros (forecast 105,000 euros), which is an increase of 2.43 times or 143% compared to the […]

ELMO Rent got a new shareholder who focuses on green technologies

Nasdaq Baltic First North listed ELMO Rent AS major shareholder Lühirent OÜ,  sold 100,000 shares as an insider transaction to PAKRI Science and Industrial Park Ltd, which belongs to the same major shareholder, which invests them in a fund focusing on the production of green technologies. As a result of the transactions, in the future the […]