RAZ Group is a Strategic Alliance and merging holdings of the Rakauskas family and Zabolis Partners in Central and Eastern Europe (CEE). The combined assets of the Rakauskas family and Zabolis Partners exceed € 500m. As the leading regional investment group, RAZ has been investing in the fields of real estate, retail, energy, finance, and e-commernce in the Baltics and other CEE countries. As a group with strong credentials in different fields, RAZ has a very good relationships with governments, investors, retailers, and financial institutions; apart from that, RAZ teams have gained a wide range of experience through transforming hostile takeovers to friendly mergers, and privatizations of important national owned companies to M&A, MBO, LBO, IPO, etc.
RAZ Group is the leading regional investment group with diversified companies. Its strategic objectives are growth, stable income, and new equity investments. Currently, the sectors of real estate, retail, energy, financial services are among the group’s focuses.
RAZ Group’s retail operations are mainly conducted by Senukai Group. Senukai Group is a leader of the local DIY market, and owns 30% of the local building and household goods market. Senukai Group has 90 DIY stores in Lithuania with more than 5,000 employees, and the total sales in 2012 was 260 million Euros. The largest Finnish retail and wholesale company Kesko Group is a shareholder at Senukai. The total sales of Kesko Group in 2012 was 9.7 billion Euros.
RAZ is responsible for more than 600 thousand square meters of its own and third party properties: shopping centers, office buildings and logistics assets. The subsidiary Baltic RED, which is one of the largest commercial real estate development and management companies in the Baltic States and was recognized as being in the top ten best real estate management companies in Northern Europe, primarily oversee the real estate and retail activities.
Since 2011, RAZ has been very active in the renewable energy sector through its subsidiary GECO Energy Company. With the primary investment targeted in generating heat from biofuel, the company also invests in windmill, solar energy, biogas and so forth.
Furthermore, RAZ Group is increasingly utilizing its expertise in finance and retail to provide financial services to private customers. The group has developed the mobile phone-based contactless payment system named Mokipay, and is planning to develop further into retail banking services after successfully receiving a banking license.
Although RAZ group has just started working with Chinese companies, it has gained a large amount of experience in a relatively short period. With its great experience and excellent reputation as an investment group, RAZ Group is confident and ready to work as business advisors and co-investor with different sectors’ Chinese companies to invest in Europe.
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