Lithuania's Vice Minister of Transport and Communications, Agne Vaiciukevičiūtė, and the Head of Lithuanian ITF Presidency Project, Gintarė Janušaitienė, recently conducted a visit to BANF, a leading real-time tire profile company. As part of their itinerary, they toured the BANF Research and Development Center as well as Maru 180, an organization supported by the Asan Nanum Foundation.
The objective of their visit was to foster discussions on ground mobility innovation and cooperation. During the meeting, Vice Minister Agne Vaiciukevičiūtė displayed a interest in BANF's cutting-edge smart tires designed for logistics trucks and autonomous vehicles. She also provided valuable insights into Lithuania's current cargo transportation ecosystem, underscoring the country's dedication to pushing the boundaries of mobility technology and fostering connectivity innovation, particularly in its role as the host country for this year's ITF event.
BANF, a specialized company focusing on real-time smart management solutions for self-driving trucks and logistics truck tires, benefited from the support and business incubation provided by Maru 180 during its initial stages of establishment. Over time, BANF has emerged as a key player in the logistics mobility sector and proudly represents the Asan Nanum Foundation. The presence of Jeong Nam-yi, CEO of the Asan Nanum Foundation, further enriched the discussions during the meeting, with a particular focus on exploring the Korean startup ecosystem and fostering synergies.
Expressing gratitude to the Ministry of Transport and Communications of Lithuania for their interest and support, Seonghan Yoo, CEO of BANF, acknowledged the company's recognition as Korea's leading representative in the logistics and intelligent tire domain. Yoo emphasized the company's unwavering commitment to setting new industry standards and driving innovation in the field.
This visit between Lithuania's Vice Minister of Transport and Communications and the Head of Lithuanian ITF Presidency Project, alongside BANF's key stakeholders, highlights the productive collaboration and exchange of ideas aimed at revolutionizing ground mobilitysolutions and advancing the logistics industry's capabilities.