Eurocash1 Invests €1.5 Million in Technology and Expands Team in the Baltic States

Security and cash handling services leader Eurocash1 will invest over €1.5 million in modern technologies and infrastructure in 2025, with plans to create up to 130 new jobs in Lithuania and Latvia. The company’s goal is to deliver state-of-the-art security solutions for businesses and the public sector by integrating innovations into daily operations.

Technology as the Core of Security Services

According to Eurocash1 CEO Vilius Makauskas, the security services market will undergo a fundamental transformation in 2025 — technology will no longer be an add-on but the core component of security solutions. The company sees several key trends:

• Artificial Intelligence integration – AI systems capable of detecting threats in real time are becoming an integral part of modern security.
• Combining traditional services with innovation – new technologies enhance security levels while optimizing operational costs.
• Security system consolidation – centralised platforms allow unified control of all security components.
• Growth in anti-drone solutions – increasing demand for protecting critical infrastructure from aerial threats.

“Businesses and public sector organisations are increasingly seeking reliable, digitally integrated solutions — from physical security to advanced AI-driven technologies,” says Makauskas.

Investments Driving Growth and Efficiency

In 2025, Eurocash1’s investments will focus on several strategic areas:

• Infrastructure upgrades – including a new state-of-the-art cash processing centre in Lithuania.
• Expansion of technological solutions – implementing innovations to increase operational efficiency.
• Team expansion – increasing staff to 1,400 in Lithuania and 850 in Latvia.

Baltic Market Growth Strategy

Eurocash1 is part of CHS Investment Group, which manages seven companies in Lithuania, Latvia, Estonia, and Spain. The group’s consolidated revenue in 2024 reached €39.04 million, with further significant investments planned in the coming years.

In Latvia, the demand for drone-based security services is growing rapidly, already surpassing that of Lithuania — a clear indicator that technological security is becoming increasingly vital across the Baltic region.

Eurocash1 – your trusted partner in security and cash handling solutions. The company continues to invest in cutting-edge technologies to ensure clients feel safe today and in the future.