Companies of the Group

Company Main activity Authorized capital (thousand Eur) Group’s effective equity share
Lietuvos Energijos Gamyba, AB
Electricity and heat generation
187 921 96.82 %
Main activity
Electricity and heat generation
Shareholders:
Lietuvos Energija, UAB
96.82 %
Small shareholders
3.18 %
 
Lietuvos Energijos Gamyba, AB forms the basis of Lithuania’s electricity generation capacities, which ensure energy security of the country. The company owns these generation units:
  • Elektrėnai complex with a reserve power plant and a combined cycle unit
  • Kruonis Pumped Storage Hydroelectric Power Plant
  • Kaunas Algirdas Brazauskas Hydroelectric Power Plant
  • Vilnius Third Combined Heat and Power Plant
In 2017, the company produced 1.15 TWh of electricity.
Chief Executive Officer
Rimgaudas Kalvaitis,
Director of Production, Chairman of the Board
  • Board members
  • Supervisory Board members
  • Mindaugas Kvekšas,
    Lietuvos Energijos Gamyba, AB Director of Finance and Administration
  • Dominykas Tučkus,
    Chairman of the Supervisory Board, Generation and Services Director of Lietuvos Energija, UAB
  • Živilė Skibarkienė,
    Member of the Supervisory Board, Organizational Development Director of Lietuvos Energija, UAB
  • Rimgaudas Kalvaitis,
    Independent member of the Supervisory Board
Number of employees: 392
(as at 31 December 2017)
 
Key financial indicators in 2017:
Income: EUR 149.8 million
Operating expenses: EUR 20.0 million
Adjusted EBITDA: EUR 53.7 million
Net profit: EUR 20.5 million

 
For investors Website of the company
AB Energijos Skirstymo Operatorius
Energy distribution operator
 
259 443 94,98 %
Main activity
Energy distribution operator
 
Energijos Skirstymo Operatorius AB was established 1 January 2016 merging AB LESTO and AB Lietuvos Dujos. ESO is controlled by state-owned group of energy companies “Lietuvos Energija”, one of the largest energy companies in the Baltic States.

Main activities of ESO: electricity supply and distribution, natural gas distribution, guarantee supply of electricity and natural gas, introduction of electricity and gas, maintenance and development of electricity and gas distribution networks, security and reliability of energy distribution assurance.

ESO serves 1.6 million customers throughout Lithuania. Company serviced area in square kilometers reaches 65.3 thousand. km².
Chief Executive Officer
Mindaugas Keizeris,
Chief Executive Officer of AB Energijos Skirstymo Operatorius
  • Board members
  • Supervisory Board members
  • Augustas Dragūnas,
    Member of the Board
  • Ovidijus Martinonis,
    Member of the Board
  • Renaldas Radvile,
    Member of the Board
  • Virgilijus Žukauskas,
    Member of the Board
  • Darius Maikštėnas,
    Chairman of the Supervisory Board
  • Darius Kašauskas,
    Director for Organisational Development of Lietuvos Energija, UAB
  • Kęstutis Betingis,
    Independent Member of the Supervisory Board
Key financial indicators in 2016:
 
Energijos Skirstymo Operatorius AB
Income: EUR 650,1 million
Operating expenses: EUR 98,6  million
EBITDA: EUR 163,3 million
Net profit:  EUR 92,5 million
 
 
 
For investors Website of the company
UAB Lietuvos Energijos Tiekimas
Natural gas and electricity supply to the residents, business and other customers.
870 100 %
Main activity
Natural gas and electricity supply to the residents, business and other customers.
About 1.6 million customers using the services of Lietuvos Energijos Tiekimas, the majority of which are residents.
Chief Executive Officer
Mantas Mikalajūnas,
Chief Executive Officer of UAB Lietuvos Energijos Tiekimas
  • Board Members
  • Vidmantas Salietis,
    "Lietuvos Energija" UAB Member of the Board, Director of Commerce and Services
  • Dominykas Tučkus,
    "Lietuvos Energija" UAB Member of the Board, Director of Infrastructure and Development
  • Paulius Dambrauskas,
    Independent Member of the Board
Number of employees - 31
(as at 31 December 2016)
 
Key financial indicators in 2016:
Income: EUR 195,4 million
Operating expenses: EUR 4,1 million
EBITDA: EUR 14,5 million
Net profit:  EUR 8,4 million
Total assets: EUR 52,9 million
Website of the company
UAB Technologijų ir Inovacijų Centras
Main activity
UAB TIC
Shareholders:
Lietuvos Energija, UAB
50.04 %
Others shareholders 49.95 %
 
Technologijų ir Inovacijų Centras UAB is one of the largest ITT companies in Lithuania providing IT and telecommunication services to the electricity sector companies. The company's activities are organised following the best global management practices, information related to the company's activities is managed according to the requirements of ISO 9001 and ISO 27001 standards.
 
The company has about 170 employees working in seven major cities of Lithuania. Currently, UAB Technologijų ir Inovacijų Centras:
  • Supervises more than 100 application and data transmission systems;
  • Provides maintenance and serves more than 250 servers and over 3500 computer workstations throughout Lithuania;
  • Designs, installs and serves integrated IT systems;
  • Initiates and implements strategic projects for competencies, innovation and knowledge management.

     
UAB VAC
Shareholders:
Lietuvos Energija, UAB
51.00 %
Others shareholders 49.00 %
 
Verslo Aptarnavimo Centras UAB (VAC) belongs to the state-controlled national energy group Lietuvos Energija (hereinafter referred to as the Group). The company was established in 2014 to improve the processes supporting the core activities of the Group and to reduce its costs.
 
The activities of VAC are oriented towards support and servicing of the Group’s companies by providing public procurement, accounting and labour relations administration services. By concentrating the service functions in one company, VAC team consists of experts in all the above-mentioned fields delegated from the Group’s companies.
 
Through centralisation of the processes of public procurement, accounting and labour relations administration, VAC is trying to standardise them, to improve transparency and efficiency and to ensure their prompter completion. This supporting services concentration model conforms to the best practices applied in the world.
 
 
  • UAB TIC Corporate governance
  • UAB VAC Corporate governance
  • Irma Kaukienė,
    acting Chief Executive Officer
  • Augustas Dragūnas,
    Director of Finance and Administration Division of ESO
  • Haroldas Nausėda,
    Director of Commerce Department of UAB "Lietuvos Dujų Tiekimas"
  • Eglė Šatkovskienė,
    Board Member, CEO of Verslo Aptarnavimo Centras
  • Laurynas Barauskas,
    Board Member, Director of IT Division of Lietuvos Energija
  • Eglė Šatkovskienė,
    Chief Executive Officer of UAB Verslo Aptarnavimo Centras
  • Živilė Skibarkienė,
    Chairman of the Board, Director of Organizational Development
  • Irma Kaukienė ,
    Board Member, CEO of Technologijų ir Inovacijų Centras
  • Mantas Mikalajūnas,
    Board Member, CEO of Lietuvos Energijos Tiekimas
  • Mindaugas Kvekšas,
    Board Member, Director of Finance and Administration of Lietuvos Energijos Gamyba
  • Augustas Dragūnas,
    Board Member
UAB TIC
Number of employees: 167
(as at 31 December 2016)
 
 
Key financial indicators in 2016: 
Income: EUR 14,5 million
Operating expenses: EUR 10,2 million
EBITDA: EUR 2,6 million
Net profit:  EUR 0,4 million
Total assets: EUR 10,2 million

UAB VAC
Number of employees: 480
(as at 31 December 2016)

Key financial indicators in 2016: 
Income: EUR 9,7 million
Operating expenses: EUR 9
,4 million
EBITDA: EUR 0
,3 million
Net profit:  EUR 
0,3 million
Total assets: EUR 2
,5 million

 
  
 
 
 
Energijos Tiekimas UAB
Supply of electricitys and natural gas
17 240 100%
Main activity
Supply of electricitys and natural gas
Shareholders:
Lietuvos Energija, UAB
100 %
 
The core activity of Energijos Tiekimas UAB is electricity sales in the free market.
 
The company has the largest customer portfolio (6 thousand) in Lithuania and is the only supplier of certified electricity produced in Lithuania from renewable resources - Green Lithuanian Energy.
 
Since summer 2013, Energijos Tiekimas has also been carrying out its activities in Latvia and Estonia, where it has established its subsidiaries Geton Energy SIA and Geton Energy OÜ. 
Chief Executive Officer
Ainis Kavaliauskas,
Chief Executive Officer
  • Board members
  • Vidmantas Salietis,
    Board member, Director of Commerce and Services of Lietuvos Energija
  • Dominykas Tučkus,
    Board Member, Director of Infrastructure and Development of Lietuvos Energija
  • Edvardas Jatautas,
    Independent Member of the Board, CEO, Co-sender (Centralizes Communication Management)
Number of employees: 29
(as at 31 December 2016)
 
Key financial indicators in 2016:
Income: EUR 84,5 million
Operating expenses: EUR 2,1 million
EBITDA: EUR 10,9 million
Net profit: EUR 10,1 million
Total assets: EUR 47,1  million
Website of the company
UAB Duomenų Logistikos Centras
Data centre management, provision of data transmission services to businesses and communication operators.
4 028 79.63 %
Main activity
Data centre management, provision of data transmission services to businesses and communication operators.
Shareholders:
Lietuvos Energija, UAB
79.63 %
LITGRID AB
20.36 %
 
The Company is one of the largest data transmission network and data center operators in the Baltic States.
 
UAB Duomenų Logistikos Centras (Data Logistics Center) provides data transmission services to companies and communications operators and manages a data center, where large enterprises, banks, telecommunications operators and cloud computing service providers are storing their equipment.
 
The Company manages one of the most efficient data centers in Lithuania Data Inn, the index of energy efficiency whereof (PUE) stands at a mere 1.3. This is the first and currently the only data center in Lithuania, the project and the operating infrastructure whereof has been awarded Uptime Institute’s Tier III reliability certification.
Currently, the preparatory works for the construction of the second part of Data Inn data center are under way.
 
In addition to Data Inn, the Company also owns and operates other five data centers in Vilnius and Kaunas. The total maximum capacity of the data centers owned by Duomenu Logistikos Centras is about 330 server racks, which can accommodate a total of about 10 000 servers.  
Together with partners, who are members of the Baltic Optical Network Alliance, the Company operates 3 000 km-long international network Baltic Highway, connecting Tallinn and Frankfurt, the capacity whereof is 100G per channel and total throughput - 9.6 Tbit/s, and the largest and longest (more than 8 000 km-long) optical data transmission network in the Baltic States.
 
The Company operates the only network in the country, the fiber cables whereof are laid in lightning conductor cables of high voltage lines. The total length of the network connecting the major cities and district centers of Lithuania is 2 000 kilometers.
Until 4 November 2013 UAB Duomenų Logistikos Centras was known under the name of UAB Technologijų ir Inovacijų Centras. On 31 December 2013, UAB Duomenų Logistikos Centras transferred to the newly established company UAB Technologijų ir Inovacijų Centras its complex of assets related to non-commercial activities. That way the direct activities of UAB Duomenų Logistikos Centras were cleared up, which involved data transmission and provision of data center rental services, while non-commercial activities of the Company, such as the maintenance and servicing of IT infrastructure of the electric power group companies, was transferred to UAB Technologijų ir Inovacijų Centras.
Chief Executive Officer
Darius Zailskas,
Chief Executive Officer of UAB Duomenų Logistikos Centras
  • Board Members
  • Darius Kašauskas,
    Finance and Treasury Director of Lietuvos Energija, UAB
  • Simona Grinevičienė,
    Board Member, Director of Legal of Lietuvos Energija
  • Aurimas Bakas,
    Independent Member of the Board
Number of employees: 17
(as at 31 December 2016)
 
Key financial indicators in 2016:
Income: EUR 4,4  million
Operating expenses: EUR 3,4 million
EBITDA: EUR 1,0 million
Net profit: EUR 0,2 million
Total assets: EUR 6,2 million
Website of the company
NT Valdos, UAB
Real estate management and transport services
85 556 100 %
Main activity
Real estate management and transport services
Shareholders:
Lietuvos Energija, UAB 100 %
 
NT Valdos is an active real estate market participant providing customer-oriented real estate lease, administration and maintenance services to the public and private sectors.

NT Valdos activities are not limited to the buildings owned; the company is also a proactive developer of new objects and territories, which uses innovative and advanced technologies, ensuring state-of-the-art and energy efficient buildings.
Chief Executive Officer
Giedrius Meškelė,
CEO
  • Board members
  • Jonas Rimavičius,
    Member of the Board, Manager of Investment Management Department of Lietuvos energija, UAB
Number of employees: 29
(as at 17 May 2019)

Key financial indicators in (31 December 2018) :
Income: EUR 16,7 million
Operating expenses: EUR 11,2 million
EBITDA: EUR 8,8 million
Net profit: EUR 4,0 million
Total assets: EUR 54,0 million
Website of the company
Elektroninių mokėjimų agentūa
EMA processes periodical payments of customers for utility and other services. 
700 100 %
Main activity
EMA processes periodical payments of customers for utility and other services. 
Elektroninių Mokėjimų Agentūra (EMA) is a financial intermediary between the companies of the Lietuvos Energija group, ESO, Lietuvos Dujų Tiekimas, Energijos Tiekimas, and other providers of utility services. EMA processes periodical payments of customers for utility and other services. The company started its operations in 2016 and was issued the licence of a payment institution by the Bank of Lithuania which entitles the company to make money transfers. At the present moment EMA provides services through the website manogile.lt. 
Chief Executive Officer
Nerijus Dumbrava,
Chief Executive Officer
  • Board members
  • Vidmantas Salietis,
    Member of the Board
  • Živilė Skibarkienė,
    Member of the Board
Eurakras
Eurakras UAB operates a park of 8 wind turbines with the overall capacity of 24 MW, located in Geišiai and Rotuliai II villages, Jurbarkas district. 
8,096 100%
Main activity
Eurakras UAB operates a park of 8 wind turbines with the overall capacity of 24 MW, located in Geišiai and Rotuliai II villages, Jurbarkas district. 
Shareholders:
„Lietuvos energija“, UAB
 100 %
 
Wind turbines for this wind power park were produced by the German company Nordex. The installed capacity of each turbine is equal to 3 MW. The construction of this wind power park was completed and the permit for electricity generation was issued at the end of December 2015. 
Chief Executive Officer
Aleksandr Spiridonov,
Chief Executive Officer
  • Board
  • Dominykas Tučkus,
    Chairman of the Board, Director of Infrastructure and Development of Lietuvos Energija
  • Jonas Rimavičius,
    Member of the Board, Head of Finance and Investments of Lietuvos Energija
Key financial indicators in 2016:
 
Eurakras
Income: EUR 5.0  million
Operating expenses: EUR 0.7   million
EBITDA: EUR 4.3  million
Net profit:  EUR 1.5  million
Tuuleenergia OU
Tuulueenergia operates the park of 6 wind turbines with the overall capacity of 18.3 MW, located in Mali and Tamba, Estonia.
499 100%
Main activity
Tuulueenergia operates the park of 6 wind turbines with the overall capacity of 18.3 MW, located in Mali and Tamba, Estonia.
All six wind turbines for this wind power park were produced by the German company Enercon. The installed capacity of each turbine is equal to 3 MW. This wind power park was put into operation at the beginning of 2015.
Chief Executive Officer
Dominykas Tučkus,
Chief Executive Officer
Vilniaus kogeneracinė jėgainė UAB
Modernization of the heating supply in Vilnius city.
1 003 100 %
Main activity
Modernization of the heating supply in Vilnius city.
Chief Executive Officer
Saulius Barauskas,
Chief Executive Officer
  • Board
  • Dominykas Tučkus,
    Member of the Board
  • Nerijus Rasburskis,
    Member of the Board
Kauno kogeneracinė jėgainė UAB
Modernization of the heating supply in Kaunas city.
10 759 51 %
Main activity
Modernization of the heating supply in Kaunas city.
Chief Executive Officer
Ramūnas Paškauskas,
CEO
  • Board
  • Andrius Vilkauskas,
    Chairman of the Board, Dean of Kaunas University of Technology Faculty of Mechanical Engineering and Design
  • Nerijus Rasburskis,
    Member of the Board
  • Vitalijus Žuta,
    Member of the Board, CEO of Fortum Heat Lietuva
UAB Lietuvos energija renewables
100 %
Main activity
Chief Executive Officer
Aleksandr Spiridonov,
CEO
  • Board
  • Dominykas Tučkus,
    "Lietuvos Energija" UAB Member of the Board, Director of Infrastructure and Development
  • Jonas Rimavičius,
    Member of the Board, Manager of Investment Management Department of Lietuvos energija, UAB
UAB „Gamybos optimizavimas“
100 %
Main activity
Chief Executive Officer
Tomas Tumonis,
CEO
  • Board
  • Vidmantas Salietis,
    Member of the Board
  • Diana Kazakevič,
    Member of the Board
UAB „Transporto valdymas“
Main activity
Chief Executive Officer
Jurgita Navickaitė-Dedelienė,
CEO
Geton Energy SIA
Main activity
Chief Executive Officer
Kristaps Muzikants,
CEO
  • Board
  • Diana Kazakevič,
    Chairman of the Board
  • Vidmantas Salietis,
    Member of the Board
  • Tadas Adomatis,
    Member of the Board
Geton Energy Sp. z o.o.
Main activity
Chief Executive Officer
Marek Musial,
CEO
  • Board
  • Diana Kazakevič,
    Chairman of the Board
Geton Energy OÜ
Main activity
  • Board
  • Vidmantas Salietis,
    Chairman of the Board