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2010-09-02

Lithuanian bank to sponsor Renault F1 Team

The Renault F1 Team announced that it has signed a sponsorship contract with the Lithuanian Snoras Bank.

It is with great pleasure that we welcome Snoras to the Renault F1 tTeam. This agreement with Snoras adds a further dimension to our significant commercial efforts in Eastern Europe, and will offer the bank a significant boost in global visibility,” said Gerard Lopez, the chairman of the Renault F1 team.

We are rejoicing over the start of a mutually beneficial
cooperation with the Renault F1 Team. Proactivity and innovations have always been among the main core values in the business of Snoras and its group of companies; therefore, this prestigious branch of motorsport, which combines human abilities and the state-of-the-art technologies, suits the bank’s philosophy.

We believe that the Renault F1 Team, which has secured
a place among the top-five of this season’s leaders, will continue to strengthen its positions. In this way, while making the Snoras Group famous in the context of motorsport worldwide, I think, we are making Lithuania famous as well, which especially needs a flow of investments at the moment,” says the bank's president Raimondas Baranauskas.

 
                                                                                    Cecilia Helland

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