"From growth and capacity expansion to diversification, electrification and the arrival of new competitors from Asia, Altas Auto enters 2026 with several strategic fronts open at once. After a stronger 2025 - supported by its core Mercedes and MAN conversion business and new deliveries of imported buses - the Lithuanian manufacturer is also reshaping its organization, launching the new trading entity Altas Trade and preparing the next step of its electric roadmap with the upcoming e-Sprinter."
"We expanded our business developing buses' import from China business, and we sold around 90 such buses. We are developing this business line on separate company named Altas Trade. At the same time, our core business continues: we sold close to 800 buses through Mercedes and MAN conversions. Overall, revenues and EBITDA clearly improved. Growth came from different directions. Which ones? We increased the number of buses sold through a new business, but we also grew as a company and as a team."
Altas Auto recorded stronger 2025 performance with improved revenues and EBITDA, driven by core Mercedes and MAN conversions and a new bus import business. The company sold about 90 imported buses and roughly 800 conversion vehicles. Altas launched a trading entity named Altas Trade to manage imports from China while reshaping its organization and production in Vilnius. The company is preparing the next phase of electrification with the upcoming e-Sprinter and expanding capacity and team capabilities. Altas faces intensifying competition from Asian entrants and expects subsidies to return, informing strategic diversification and positioning in the European minibus market.
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