{"id":200107,"date":"2025-07-29T20:07:05","date_gmt":"2025-07-29T20:07:05","guid":{"rendered":"https:\/\/dev2.invl.com\/?p=200107"},"modified":"2025-07-29T20:07:05","modified_gmt":"2025-07-29T20:07:05","slug":"investicijos-i-egles-sanatorijos-druskininkuose-atnaujinima-sieks-36-mln-euru-2","status":"publish","type":"post","link":"https:\/\/dev2.invl.com\/en\/investicijos-i-egles-sanatorijos-druskininkuose-atnaujinima-sieks-36-mln-euru-2\/","title":{"rendered":"Investments in the renovation of Medical SPA Egl\u0117s sanatorija facilities in Druskininkai will amount to \u20ac36 million"},"content":{"rendered":"

Medical SPA Egl\u0117s sanatorija, the leader of the Lithuanian medical spa industry, managed by INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltic States, will start renovating its medical spa facilities in Druskininkai next year. The project is expected to increase the capacity of medical rehabilitation services and medical spa treatment procedures by 30%, and expand the range of therapeutic services. <\/strong><\/p>\n

\u201cBy modernising and renovating not only the buildings of the medical spa, but also the overall infrastructure, we aim to establish ourselves as the leading medical spa service provider in Europe offering a wide range of medical spa, resort treatment and medical rehabilitation services. We intend to start this ambitious and important \u20ac36 million project in the summer of 2025 and complete it by the end of 2026,\u201d says Art\u016bras Salda, the Managing Director of Medical SPA Egl\u0117s sanatorija.<\/p>\n

The contract has already been signed with \u201cUnitectus\u201d, the designers of the \u201cOzas\u201d shopping mall in Vilnius, the \u201cLive square\u201d multifunctional complex, the \u201cEleven\u201d office building, and other real estate developments. \u201cTaem Group\u201d will be the project manager for the renovation and modernisation project.<\/p>\n

In line with sustainability requirements and in order to preserve the historical authenticity, the buildings of Medical SPA Egl\u0117s sanatorija will be renovated rather than demolished and reconstructed. This will involve introducing modern building management solutions and reducing the energy consumed for heating by more than 40%<\/strong>. One of the buildings will house a modern physical medicine and rehabilitation center, vertical baths, as well as indoor and outdoor swimming pools 1,100 m2 in area.. Two blocks of the medical spa will be converted into four-star accommodation complexes.<\/p>\n

\u201cThe modernisation of Lithuania\u2019s largest medical spa will expand the range of its medical services, making it even more suitable for delivering of medical spa treatments and medical services. The project will optimize the use of space, ensure a greater comfort for individuals with mobility impairments. Additionally, the treatment capacity will increase by nearly a third. New offerings will include inpatient commercial rehabilitation, biorelaxation therapy and longevity programmes,\u201d says Art\u016bras Salda.<\/p>\n

During the renovation, the medical spa will remain open for business as usual and the renovation work will proceed in such a way as to ensure maximum comfort for the arriving guests. After the project is complete, an even larger number of clients will be able to benefit from the treatment and wellness programmes. One of the aims is to attract more youth by educating them about the benefits of disease prevention, therapy, and rehabilitation.<\/p>\n

\u201cWe view Medical SPA Egl\u0117s sanatorija as an integral part of the healthcare system \u2014 we believe that preventive medical spa treatments contribute to a healthier life, while rehabilitation procedures help to restore weakened health more quickly and efficiently. Therefore, we see our investment in the renovation of Medical SPA Egl\u0117s sanatorija primarily as benefiting the client and society. Moreover, we strongly believe that once the renovation is complete, the services provided by the medical spa will attract more clients not only from Lithuania, but also from abroad,\u201d comments Nerijus Drobavi\u010dius, Partner at INVL Baltic Sea Growth Fund and Chairman of the Board of Medical SPA Egl\u0117s sanatorija.<\/p>\n

According to Art\u016bras Salda, the modernisation and transformation of the medical spa to provide innovative medical rehabilitation services will facilitate the recruitment of more highly qualified specialists. As a result, the number of the company\u2019s employees in Druskininkai, which currently stands at around 500, is expected to grow even further in the future.<\/p>\n

\u201cThis medical spa remains the largest employer in our resort town. The huge investment will, without a doubt, provide a boost to the entire community, as more individuals will take advantage of the rehabilitation and wellness services. Druskininkai is already well-known and respected among the European resort towns, and the introduction of new services by Medical SPA Egl\u0117s sanatorija will further strengthen the image of our town,\u201d says the Mayor of Druskininkai Municipality Ri\u010dardas Malinauskas.<\/p>\n

The planned renovation project in Druskininkai will be just another stage in the development of Medical SPA Egl\u0117s sanatorija services. This fall, the 1,000 m2 Egl\u0117 Rehabilitation Centre opened its doors in Vilnius following a \u20ac2 million investment.<\/p>\n

Medical SPA Egl\u0117s sanatorija currently operates in four cities across the country. Druskininkai and Bir\u0161tonas have medical spas and Vilnius and Kaunas have rehabilitation centres. In the annual European Health and Spa Awards, presented by the European Spas Association (ESPA), Medical SPA Egl\u0117s Sanatorija has been named the most innovative institution for 2023.<\/p>\n

In 2023, more than 70,000 clients used the services of Medical SPA Egl\u0117s sanatorija.<\/p>\n

INVL Baltic Sea Growth Fund, together with its co-investors, owns 100% of \u201cBSGF Salt\u201d, the company that manages Medical SPA Egl\u0117s sanatorija.<\/p>\n

About the INVL Baltic Sea Growth Fund<\/strong><\/p>\n

With a size of EUR 165 million, the INVL Baltic Sea Growth Fund is the leading private equity fund in the Baltics. Its anchor investor is the European Investment Fund (EIF).<\/p>\n

The EIF, which is a part of the European Investment Bank, has committed EUR 30 million with the support of the European Fund for Strategic Investments (a key element of the Investment Plan for Europe, or the Junker Plan) while also allocating resources from the Baltic Innovation Fund, a \u201cfund of funds\u201d initiative developed in cooperation with the governments of Lithuania, Latvia and Estonia. The initiative aims to increase capital investment in high-growth potential small and medium-sized enterprises in the Baltics.<\/p>\n

The fund focused on investments in the Baltic countries and neighbouring regions such as Poland, the Nordics, and Central Europe. The INVL Baltic Sea Growth Fund has already invested in a diversified portfolio of nine companies. That includes companies operating in the food processing, healthcare, medical rehabilitation, civil engineering, plastic recycling, environmental management, and veterinary services sectors, as well as in the manufacturing of cosmetics and hygiene products.<\/p>\n

The fund is managed by INVL Asset Management, the leading Baltic alternative asset manager, which is a part of the Invalda INVL Group, with a track record spanning over 30 years. The group\u2019s companies manage or have under supervision more than EUR 1.5 billion of assets under management across multiple asset classes including private equity, forests and agricultural land, renewable energy, real estate, and private debt. The group\u2019s activities also include family office services in Lithuania, Latvia, and Estonia, management of pension funds in Latvia, and investments in global third-party funds.<\/p>\n","protected":false},"excerpt":{"rendered":"

Medical SPA Egl\u0117s sanatorija, the leader of the Lithuanian medical spa industry, managed by INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltic States, will start renovating its medical spa facilities in Druskininkai next year. The project is expected to increase the capacity of medical rehabilitation services and medical spa treatment […]<\/p>\n","protected":false},"author":4,"featured_media":200105,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[369],"class_list":["post-200107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-invl-baltic-sea-growth-fund","tag-private-equity"],"acf":[],"yoast_head":"\nInvestments in the renovation of Medical SPA Egl\u0117s sanatorija facilities in Druskininkai will amount to \u20ac36 million - INVL<\/title>\n<meta name=\"description\" content=\"INVL Asset Management yra pirmaujanti alternatyvaus turto valdytoja Baltijos \u0161alyse.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev2.invl.com\/en\/investicijos-i-egles-sanatorijos-druskininkuose-atnaujinima-sieks-36-mln-euru-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investments in the renovation of Medical SPA Egl\u0117s sanatorija facilities in Druskininkai will amount to \u20ac36 million - 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