VÚB Bank supported GymBeam’s expansion

VÚB Bank, part of the Intesa Sanpaolo Group, has provided long-term financing of 33 million euros to the Slovak company GymBeam. GymBeam is one of the fastest-growing companies in the fitness and sports nutrition sector in Central Europe.

The financing from VÚB Bank will support the company’s strategy of continued growth, including strengthening its domestic operations in Slovakia and further expanding its cross-border business. The investment will also bolster the company’s production capacity and distribution infrastructure to meet growing demand in European markets.

The investment agreement reflects VÚB Bank’s long-term commitment to supporting ambitious Slovak companies that are successfully expanding beyond Slovakia’s borders while investing in innovation, production capacity, and employment.

“We are pleased to support GymBeam in the next phase of its growth. At VÚB Bank, we believe that financing successful entrepreneurs means much more than just providing capital—it’s about helping to build companies that enhance the competitiveness of the Slovak economy, create highly skilled jobs, and build respected regional brands with international reach. “GymBeam is a great example of a Slovak company that has transformed an entrepreneurial vision into a leading European company, and we are proud to accompany it in its further expansion,” said Vedrana Jelušić Kašić, Head of Corporate Banking and a member of the Board of Directors at VÚB Bank.

Founded in Slovakia in 2014, GymBeam has grown into one of the region’s leading e-commerce companies in the health, fitness, and sports nutrition sector. The company develops, manufactures, and distributes a broad portfolio of nutritional supplements, functional foods, healthy snacks, fitness apparel, and accessories. Today, GymBeam serves customers in many European markets through its digital platform and expanding logistics and manufacturing network.

“This financing represents an important milestone for GymBeam and provides us with additional flexibility in implementing our long-term strategy. We will continue to invest in our production capacities, logistics infrastructure, and technological innovations while expanding our presence throughout Europe. Having VÚB Bank and the Intesa Sanpaolo Group as our financial partners not only provides us with certainty but also the capacity to accelerate our growth, while we remain focused on delivering the highest-quality products and an exceptional customer experience,” emphasized Dalibor Cicman, founder and CEO of GymBeam.