Naresta that had a bad year because of the National Stadium, promises to almost double its growth in 2025

Tadas Grincevičius, CEO of Naresta, does not hide that the past year was bad for the company due to the stalled National Stadium project, which is the company’s largest order. Now he claims to have learned from this story and hopes that in 2025 the company will grow almost twice and reach a turnover of EUR 80–90 million.

Last year, Naresta received EUR 49.2 million in revenue, or 4% more than in 2023, when its turnover amounted to EUR 47.3 million. The cost of sales of the company increased by 12% over the year: From EUR 39.95 million to EUR 44.9 million. The company earned a net profit of EUR 301,273 in 2024. Net profit was 0.6%.

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