27 Biggest Lithuanian companies List (Company in Lithuania)

Last updated on September 8th, 2022 at 01:03 pm

Here you can find the List of Biggest Lithuanian companies (Company in Lithuania) which are sorted out based on the Total Revenue. IGNITIS GRUPE is the largest company in Lithuania with a revenue of $ 1,215 Million in the recent year followed by LINAS AGRO GROUP and TELIA LIETUVA.

List of Biggest Lithuanian companies

So here is List of Biggest Company in Lithuania which are sorted out based on the total Sales (Revenue) in the last year.

S.NO	Lithuanian Company	Sales	Industry	Employees	Sector	Debt to Equity	Return on Equity	Stock Symbol
1	IGNITIS GRUPE	$ 1,215 Million	Alternative Power Generation	3836	Utilities	0.7	9.7%	IGN1L
2	LINAS AGRO GROUP	$ 942 Million	Agricultural Commodities/Milling	2102	Process Industries	1.5	10.6%	LNA1L
3	TELIA LIETUVA	$ 398 Million	Major Telecommunications	2161	Communications	0.7	18.5%	TEL1L
4	ROKISKIO SURIS	$ 211 Million	Food: Meat/Fish/Dairy		Consumer Non-Durables	0.2	0.7%	RSU1L
5	LITGRID	$ 206 Million	Electric Utilities	308	Utilities	0.3	13.6%	LGD1L
6	ZEMAITIJOS PIENAS	$ 182 Million	Food: Meat/Fish/Dairy	1418	Consumer Non-Durables	0.1	8.4%	ZMP1L
7	PIENO ZVAIGZDES	$ 171 Million	Food: Meat/Fish/Dairy		Consumer Non-Durables	0.9	12.7%	PZV1L
8	APRANGA	$ 170 Million	Apparel/Footwear Retail	1956	Retail Trade	0.8	11.0%	APG1L
9	SIAULIU BANKAS	$ 130 Million	Regional Banks	756	Finance	1.8	14.3%	SAB1L
10	GRIGEO	$ 130 Million	Pulp & Paper	859	Process Industries	0.1	18.2%	GRG1L
11	VILKYSKIU PIENINE	$ 121 Million	Food: Meat/Fish/Dairy	830	Consumer Non-Durables	0.7	13.0%	VLP1L
12	VILNIAUS BALDAI	$ 99 Million	Home Furnishings	923	Consumer Durables	2.0	-13.8%	VBL1L
13	AUGA GROUP	$ 83 Million	Agricultural Commodities/Milling	1236	Process Industries	1.0	2.5%	AUG1L
14	KLAIPEDOS NAFTA	$ 80 Million	Oilfield Services/Equipment	411	Industrial Services	2.6	-25.5%	KNF1L
15	PANEVEZIO STATYBOS TRESTAS	$ 75 Million	Engineering & Construction	879	Industrial Services	0.5	22.2%	PTR1L
16	AMBER GRID	$ 52 Million	Gas Distributors		Utilities	0.8	12.2%	AMG1L
17	KAUNO ENERGIJA	$ 42 Million	Electric Utilities	365	Utilities	0.4	6.1%	KNR1L
18	NOVATURAS	$ 33 Million	Other Consumer Services	119	Consumer Services	0.6	-1.3%	NTU1L
19	EAST WEST AGRO	$ 29 Million	Wholesale Distributors		Distribution Services	0.4	36.1%	EWA1L
20	SNAIGE	$ 29 Million	Electronics/Appliances	528	Consumer Durables	2.0	-12.4%	SNG1L
21	UTENOS TRIKOTAZAS	$ 28 Million	Apparel/Footwear	1081	Consumer Non-Durables	0.6	-19.0%	UTR1L
22	INVALDA INVL	$ 20 Million	Investment Trusts/Mutual Funds	537	Miscellaneous	0.0	26.5%	IVL1L
23	LINAS	$ 14 Million	Textiles		Process Industries	0.1	14.7%	LNS1L
24	INVL BALTIC REAL ESTATE	$ 4 Million	Real Estate Development	9	Finance	0.4	14.9%	INR1L
25	NEO FINANCE	$ 2 Million	Finance/Rental/Leasing		Finance		3.6%	NEOFI
26	INVL BALTIC FARMLAND	$ 1 Million	Real Estate Development	2	Finance	0.0	6.9%	INL1L
27	INVL TECHNOLOGY	$ 0 Million	Packaged Software		Technology Services	0.0	18.1%	INC1L

Biggest Lithuanian companies List (Company in Lithuania)

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Ignitis Group – largest Company in Lithuania

Ignitis Group is one of the largest energy and renewable energy companies in the Baltic region . The company’s companies operate in Lithuania, Latvia, Estonia, Poland and Finland. The innovation fund managed by the group has invested in 17 companies in seven countries around the world developing new technologies in energy and electrified mobility.

The main activities of the group companies are the production and supply of electricity and heat, the trade and distribution of electricity and natural gas, as well as the implementation of innovative energy solutions. The group companies supply electricity and natural gas to about 1.6 million. business and private customers.

Ignitis Group pays great attention to the development of green energy and aims to become the main center of competence for new energy in the region and a leader in distributed energy solutions both in the Baltic Sea and in other regions .

Currently, Ignitis Group companies in Lithuania own four operating wind farms with a total capacity of 58 MW, and another 18 MW operating in Estonia. 2021 In the spring of 2006, the Group also generated the first electricity at a 94 MW wind farm in Pomerania, Poland. In Mažeikiai district, the construction of the wind farm has already started, and in 2022. At the end of 2007, green electricity will be generated by 14 wind farms with a total installed capacity of about 63 MW.

The group owns the Elektrėnai complex with an electricity generation capacity of 1,055 MW. It also operates the region’s unique Kruonis Hydro Accumulation Power Plant with a capacity of 900 MW and the Kaunas Algirdas Brazauskas Hydroelectric Power Plant with a capacity of 100.8 MW . The group also owns modern cogeneration power plants in Vilnius and Kaunas , which convert unsuitable waste into energy.

List of Biggest Lithuanian companies List (Company in Lithuania)

The thermal capacity of the Vilnius cogeneration power plant is 229 MW, and the electric capacity is 92 MW. The capacity of Kaunas cogeneration power plant reaches 70 MW and 24 MW, respectively. Ignitis Group is also investing in the reduction of greenhouse gas emissions – it has distributed 600 million. euro worth of green bonds . The funds received from them were used to implement various projects in Lithuania, which are expected to reduce carbon dioxide emissions by at least 700 thousand annually. tons