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Girteka Logistics
Girteka Logistics began in 1996 with a single truck, one refrigerated trailer, and three employees in a small Vilnius office.
Girteka Logistics
Girteka Logistics began in 1996 with a single truck, one refrigerated trailer, and three employees in a small Vilnius office. Over three decades, it has expanded into Europe’s largest asset-based logistics company, specializing in temperature-controlled and high-value cargo transportation (per the firm). The wealth of the founding family — while not publicly detailed — underpins the closely held group. The company deploys its own fleet of over 2,900 trucks and 8,000 trailers, maintaining temperatures from -25°C to 25°C. It serves sectors including food, electronics, retail, e-commerce, fashion, healthcare, and agriculture across Europe, the UK, and Scandinavia. Key deals include a 2025 order of 2,000 Volvo trucks — Europe’s largest single truck order that year — and a 2026 long-term agreement with Mercedes-Benz Trucks for 500 Actros L ProCabin trucks (per the firm). Girteka also runs intermodal rail freight, moving over 24,000 shipments annually. Girteka has grown its team to over 7,900 employees and opened administrative offices in Kaunas, Lithuania, and driver recruitment offices in Kyrgyzstan and Kazakhstan. Adjacent vehicles include the company’s own fleet financing arm, which secured EUR 74 million via AKA Bank in February 2026 to modernize its fleet (per the firm). In May 2025, Girteka launched the Alternative Fuel Program using HVO fuel, and in May 2025 signed Europe’s largest single truck deal with Volvo Trucks. Girteka’s structural differentiator lies in its asset-heavy model: it owns its entire fleet, giving it full end-to-end responsibility and control over temperature and security — a distinct posture in a European logistics market dominated by asset-light brokers. The company holds TAPA TSR Level 1 and GDP certifications, and its average truck age is 2.5 years (per the firm).
General information
Firm type
Family Office
Year founded
1996
AUM
Undisclosed
Location
Region
Europe
Country
Lithuania
City
Vilnius
Corporate office
Laisvės pr. 36, LT-04318, Vilnius, Lithuania
Additional offices
Warsaw, Poland
Principals
Marius Junda
Chief Financial Officer
Mindaugas Pasilauskas
Commercial Director
Sector focus
Frequently asked questions
Who runs investment decisions at Girteka Logistics?
The firm does not publicly disclose a single CIO or investment committee. Marius Junda was appointed CFO in April 2026, and Mindaugas Pasilauskas became Commercial Director in January 2026 (per the firm). Strategic capital allocation — including fleet purchases and debt refinancing — appears to be managed by the founding family and executive team.
How does Girteka Logistics source proprietary deal flow?
Girteka operates through owned fleet assets rather than deal origination. Its business development is driven by long-term contracts with European shippers across food, retail, and pharma sectors. Fleet procurement is done through direct manufacturer agreements, such as the 2025 Volvo Trucks deal and 2026 Mercedes-Benz Trucks agreement (per the firm).
Is Girteka Logistics structured as a single family office or does it operate more like a logistics company?
Girteka is an operating company — Europe’s largest asset-based road transporter — not a family office in the traditional investment sense. Its capital is deployed into fleet, infrastructure, and logistics services. The founding family maintains ownership, but the entity functions as a commercial enterprise, not a portfolio of financial assets.
Does Girteka Logistics participate in fund commitments or only direct deals?
Girteka primarily makes direct investments in its own fleet, facilities, and technology. It has not publicly disclosed participation in external funds. Recent capital deployment includes a EUR 74 million loan from AKA Bank for fleet modernization (per the firm, February 2026) and the purchase of 2,000 trucks from Volvo.
Which sectors does Girteka Logistics explicitly avoid?
Girteka’s public materials do not list sectors it avoids. Its focus is temperature-controlled and high-value cargo, serving food, electronics, retail, healthcare, and agricultural clients. The firm has not flagged sector exclusions in its published content.
Where does the underlying wealth come from?
The underlying wealth originates from the founding of Girteka in 1996 and the growth of the logistics business into Europe’s largest asset-based road transporter. The family behind the firm has not publicly named itself or disclosed wealth origin details beyond the firm’s corporate history.
Does Girteka Logistics maintain philanthropic structures, and how are they separated?
Girteka’s website does not mention a separate philanthropic foundation or charitable arm. The firm participates in road safety campaigns and has joined the United Nations Global Compact (per the firm, 2015), but no distinct philanthropic vehicle is publicly documented.
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