This strategic step highlights Mobire’s strong market position and long-term potential in providing modern mobility solutions for both private and business customers across the Baltics. With a fleet of over 4,800 vehicles and a consolidated turnover of €47.4 million in 2024, Mobire is one of the largest and fastest-growing full-service car rental providers in the region.
In Latvia, Mobire Latvija offers both full-service car rental and comprehensive fleet management services. The company successfully operates in the public sector, as well as with local businesses and private individuals. Mobire Latvija’s fleet exceeds 1,000 cars, and its customer base includes prominent companies such as SIA Euronics Latvia, AS Jauda, SIA Coffee Address, and others.
Margus Kastein, Member of the Management Board of Inbank, commented:
“Full-service car rental is a profitable and fast-growing business segment in Inbank’s home markets across the Baltics. As funding is an important component of Mobire’s business model, this investment aligns well with Inbank’s long-term strategy and strengthens our position in car financing.”
Mobire will continue to operate independently across Latvia, Estonia, and Lithuania, maintaining its existing management structure and brand. The company will remain led by its CEO, Andrus Valma.
Andrus Valma, CEO of Mobire Group, commented:
“Mobire has grown into the leading full-service car rental provider in the Baltics, thanks to our dedicated team and the trust of our partners and customers. Today marks an important milestone in our growth journey. We believe that full-service rental is the future of mobility, and together with Inbank, we can capture a larger market share and bring flexible solutions to more people.”
