Rytas Vilnius is pleased to announce the extension of its collaboration with the largest paper and wood industry group in the Baltics – AB Grigeo Group. This partnership is an important step in the club’s strategy, which focuses on long-term stability, community engagement, and the development of basketball in Vilnius and across Lithuania.
Rytas and Grigeo Group have already demonstrated that a mutual partnership can have a tangible impact not only on sporting results but also on social responsibility. Through this collaboration, the club successfully strengthens both its men’s and youth teams while fostering a community around basketball in the capital.
“Every strong club relies not only on athletes or fans but also on reliable partners. Grigeo Group is much more than a sponsor to us – it is a friend who believes in our vision and helps us bring it to life. This partnership gives us the confidence to look to the future and set ambitious goals – both on and off the court. We aim for Rytas Vilnius to be not only a club that counts victories but also a sustainable sports organization that upholds values. With the right partners, this is possible,” said Rytas Vilnius director Jaroslav Latušinskij.
According to Tomas Jazonis, CEO of Grigeo Group, the partnership with Rytas Vilnius is grounded in the goal of strengthening basketball communities and creating added value for society.
“It is important for us to build long-term partnerships based on trust and shared values. Our collaboration with Rytas Vilnius perfectly embodies this – together we aim not only for sporting results but also for a broader impact on the community. We are happy to contribute to the growth of basketball in the capital and the creation of a sustainable sports ecosystem where new talents can flourish,” said Tomas Jazonis, CEO of Grigeo Group.
Grigeo Group, a company group operating in the Baltics for more than a century, continues to invest consistently in social projects, community development, and its mission – to create a responsible future based on circular economy principles.
This partnership is further proof that shared vision, trust, and long-term commitment allow for the creation of more than just sports victories – it is a story of growth for the entire basketball community of Vilnius.