20.11.2024
The Estonian Biathlon Federation and AS LHV Pank signed a new cooperation agreement, according to which LHV will serve as the main sponsor of Estonian biathlon until at least 2027.
LHV has been a sponsor of Estonian biathlon since 2021. However, under the newly signed cooperation agreement, LHV will become the main sponsor of Estonian biathlon for the next three seasons. This is the largest contribution in history to Estonian biathlon, and will provide a boost to current top Estonian athletes as well as their successors.
‘As a domestic bank, we are major fans of Estonian sports and culture. The cooperation with the Estonian Biathlon Federation has so far been very positive, and we are very happy to take it to a new level. Biathlon has won the hearts of hundreds of thousands of Estonians, as our excellent athletes are raising the profile of Estonia in the world and offering memorable experiences. We want to help Estonian biathlon reach even higher and further, so that young people would have role models, as well as the best possible conditions for the continued growth of the sport,’ said Kadri Kiisel, Chairman of the Management Board of LHV Pank.
‘I am happy to say that the current excellent cooperation with LHV Pank has reached the next level. In cooperation with LHV, we ensure equal opportunities for today’s role models as well as the younger generation. In the coming years, Estonia will host a stage of the Biathlon World Cup, and the World Championships, where we expect to see brilliant performances from our athletes,’ said Tarmo Kärsna, President of the Estonian Biathlon Federation.
Biathlon season starts as early as next week, on 30 November, when the first stage of the World Cup series will be held in Kontiolahti, Finland.
LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group’s key subsidiaries are LHV Pank, LHV Varahaldus, LHV Kindlustus, and LHV Bank Limited. The Group employs over 1,200 people. As at the end of October, LHV’s banking services are being used by 448,000 clients, the pension funds managed by LHV have 116,000 active clients, and LHV Kindlustus protects a total of 169,000 clients. LHV Bank Limited, a subsidiary of the Group, holds a banking licence in the United Kingdom and provides banking services to international financial technology companies, as well as loans to small and medium-sized enterprises.
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