Darius Maikštėnas (CEO) Alfonso Faubel (Chairman of Supervisory Board)
Products
Electric power Heat Natural gas
Revenue
€2.549 billion (2023)[1]
Operating income
€329.5 million (2023)[1]
Net income
€286.6 million (2023)[1]
Total assets
€5.244 billion (2023)[1]
Total equity
€2.263 billion (2023)[1]
Owner
Ministry of Finance
Number of employees
circa 4400
Website
ignitisgrupe.lt
Ignitis Group (Ignitis grupė AB; former name: Lietuvos Energija UAB) is a state-owned energy holding company located in Vilnius, Lithuania. The Group’s core business is focused on operating Lithuania’s electricity distribution network (Networks) and managing and developing its Green Generation Portfolio (Green Generation). The Group also manages strategically important reserve capacities (Reserve Capacities) and provides services to its customers (Customers & Solutions), including the supply of electricity and natural gas, solar, e-mobility, energy efficiency and innovative energy solutions for private and business customers.
Ignitis Group shares are predominantly owned by the Ministry of Finance of the Republic of Lithuania, with the current Chairman of the Board and CEO of the company being Darius Maikštėnas.[2]
The initial public offering was made on 7 October 2020.[3]
Ignitis Group shares are listed in Nasdaq Vilnius and London Stock Exchange.
Ignitis Group (Ignitis grupė AB; former name: Lietuvos Energija UAB) is a state-owned energy holding company located in Vilnius, Lithuania. The Group’s...
Employees Industry 01. Orlen Lietuva, AB Mažeikiai 7,552 1,437 Oil, petrol 02. Ignitis, UAB Vilnius 2,929 345 Energy 03. Maxima LT, UAB Vilnius 1,985 12,035 Retail...
Lietuvos dujos. ESO is controlled by a state-owned group of energy companies Ignitis Group which owns 94.98% of shares. Its shares are traded on NASDAQ OMX...
Status Operational Construction began 1978 Opening date 1992 Owner(s) AB „Ignitis gamyba“ Upper reservoir Creates Kruonis Upper Total capacity 48,000,000 m3...
was completed in 1960 and its dam created the Kaunas Reservoir. Owned by Ignitis Group, it operates in conjunction with the Kruonis Pumped Storage Plant...
Country Area LHV Group Estonia bank Enefit Green Estonia Renewable energy Ignitis Lithuania Energy Merko Ehitus Estonia building Šiaulių bankas Lithuania...
Employees Industry 01. Orlen Lietuva, AB Mažeikiai 7.552 1,437 Oil, petrol 02. Ignitis, UAB Vilnius 2.929 345 Energy 03. Maxima LT, UAB Vilnius 1.985 12,035 Retail...
Construction began 2016 Commission date 2021 Construction cost 340 million € Owner(s) Ignitis grupė Thermal power station Primary fuel Waste Secondary fuel Biofuel Power generation...
Grigiškės 1923 Paper Gubernija Consumer goods Brewers Šiauliai 1665 Brewery Ignitis Utilities Conventional electricity Vilnius 1991 Energy Kalnapilis Consumer...
jūroje projektas Lithuania unveils plans for another Baltic Sea wind farm „Ignitis grupė“ ir „Ocean Winds“ jūrinio vėjo konkurso laimėtojais turėtų būti paskelbti...
works by his deceased brother. Other publications included: De meteoris ignitis (Leiden, 1740) Dissertatio medica inauguralis de deglutitione (Leiden,...
Lithuanian). Archived from the original on 8 September 2012. "Pocius, Algirdas". Ignitis grupė (in Lithuanian). Archived from the original on 19 September 2007...
$30,000 William I. Mott Grandview Equine & Don Alberto Stable bypassing Ignitis 2 $29,643 D. Wayne Lukas Holy Cow Stable bypassing Volcanic 2 $34,000 Mark...
pipelines. Natural gas companies in Lithuania include Lietuvos Dujos and Ignitis. In 2021 Lithuania used coal to generate 2% of the country's electricity...
the electricity transmission grid from Lietuvos energija (currently – Ignitis group), while the latter company remained the owner of the largest power...
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