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Sorainen Advises Council of Europe Development Bank on Funding for Purchase of 100 Hybrid Buses

Sorainen Advises Council of Europe Development Bank on Funding for Purchase of 100 Hybrid Buses

Lithuania
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The Lithuanian office of Sorainen has advised the Council of Europe Development Bank on its provision of funding to Kauno Autobusai for the purchase of 100 new solo hybrid buses.

The Council of Europe Development Bank is the oldest European multilateral development bank with an exclusively social mandate. According to Sorainen, “the project is expected to have a significant social impact by making public transport fast, modern, comfortable, simple and easy to understand. This will help to improve everyday life for the city’s inhabitants and improve their access to safe and high-quality public transport.” According to the firm, “the 100 hybrid buses will change the face of the city and protect the environment. Their modern engines with integrated hybrid systems will not only reduce fuel costs, but also ensure relatively low CO2 emissions. Kaunas will be the first city in Europe to run such a large number of advanced hybrid buses.”

Sorainen’s team included Partner Augustas Klezys and Associate Goda Drasute.

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