Company details
Company details
Company code: | 301844044 |
VAT identification number: | LT100004278519 |
Head office: | Laisvės av. 10, LT-04215 Vilnius |
Correspondence address: | Laisvės av. 10, LT-04215 Vilnius, Lithuania |
Establishment date and register: | 28 August 2008, Lithuanian Register of Legal Entities |
Bank account: | LT44 7044 0600 0648 1525 |
Bank: | AB SEB bankas |
Shareholders: | Ministry of Finance – 74.99 % Minority shareholders – 25.01 % |
Share capital: | 1,658,756,293.81 Eur |
Contact information
Contact information
Tel: | +370 5 278 2222 |
Email: | [email protected] |
Web: | www.ignitisgrupe.lt/en |
Company governance
Ignitis grupė AB
Ignitis Group is a renewables-focused integrated utility with a purpose to create a 100% green and secure energy ecosystem for current and future generations.
The company utilises an integrated business model to maximise the potential of the largest customer portfolio, energy storage facility and network in the Baltics. The Group companies operate in the Baltic states, Poland and Finland.
Ignitis Group is developing green generation technologies with the focus on onshore and offshore wind farms. The company is also developing green flexibility technologies: batteries, pumped-storage hydro and power-to-X (P2X), including green hydrogen, which has great potential to contribute towards net zero.
Ignitis Group aims to deliver 4–5 GW of installed green capacities by 2030 and reach net zero emissions by 2040–2050, thus contributing to Europe’s decarbonisation and energy security in the region.
AB “Ignitis grupė” is the parent company of the Group, which is responsible for coordinating the activities and transparent management of the Group companies. It focuses on increasing the Group’s efficiency, making significant contributions to the energy security and green transition in the region as well as providing competitive services to customers while ensuring sustainable long-term value growth.
Ignitis Group is committed to creating a sustainable future. More information about the Group's sustainability efforts can be found on Sustainability (corporate social responsibility) report 2023, which is incorporated into the Group's annual report.
Performance, EURm | Consolidated2 | Standalone |
---|---|---|
Revenue | 2 549.1 | 225.6 |
Expenses | (2 041.7) | (10.5) |
Adjusted EBITDA | 484.7 | (7.3) |
Net profit | 320.2 | 259.9 |
Investments | 937.1 | 10.3 |
Assets | 5 244.4 | 3 445.1 |
Equity | 2 263.4 | 2 101.1 |
Liabilities | 2 981.0 | 1 344.0 |
Number of employees | 4 402 | 53 |
Company details
Company details
Company code: | 301844044 |
VAT identification number: | LT100004278519 |
Head office: | Laisvės av. 10, LT-04215 Vilnius |
Correspondence address: | Laisvės av. 10, LT-04215 Vilnius, Lithuania |
Establishment date and register: | 28 August 2008, Lithuanian Register of Legal Entities |
Bank account: | LT44 7044 0600 0648 1525 |
Bank: | AB SEB bankas |
Shareholders: | Ministry of Finance – 74.99 % Minority shareholders – 25.01 % |
Share capital: | 1,658,756,293.81 Eur |
Contact information
Contact information
Tel: | +370 5 278 2222 |
Email: | [email protected] |
Web: | www.ignitisgrupe.lt/en |
Company governance
CEO
Darius Maikštėnas
Chief Executive Officer and Chairman of the Management Board
Darius Maikštėnas has an extensive experience as a top-level executive with international experience in energy, telecommunications, IT, venture capital sectors...
Management Board
Dr. Živilė Skibarkienė
Member of the Management Board, Head of Organisational Development
Dr. Živilė Skibarkienė is a professional in law and organisational development with extensive experience as a top-level executive. Živilė joined Ignitis...
Jonas Rimavičius
Member of the Management Board, Chief Financial Officer
Jonas Rimavičius is a strategic-level finance professional, who has experience in collegial bodies of companies, international capital raising and investment projects...
Mantas Mikalajūnas
Member of the Management Board, Head of Regulated Activities
Mantas is an executive with almost 20 years of experience in various energy sector companies both in regulatory and commercial activities...
Vidmantas Salietis
Member of the Management Board, Head of the Commercial Activities
Vidmantas is a professional with over a decade of experience in top-level positions in the energy sector, who worked at various Ignitis Group companies since 2011...
Supervisory Board
Alfonso Faubel
Chair of the Supervisory Board, Independent Member
Alfonso Faubel has held executive responsibilities in Siemens Gamesa and Alstom/GE, which are leading playersi n the global wind power market...
Tim Brooks
Independent Member
Tim is a senior executive with more than 20 years of experience in sustainable development both as a consultant, and in large corporate entities...
Judith Buss
Independent Member
Judith Buss has more than 20 years of experience in various senior leadership positions in the global energy industry and financial markets...
Ingrida Muckutė
Member
Ingrida is a highly experienced accounting and reporting, financial audit regulation professional with a career of 17 years working at the Ministry of Finance...
Sian Lloyd Rees
Supervisory Board Member, independent
A top-level executive with more than 17 years of international experience in the energy sector and over 5 years of experience...
Aušra Vičkačkienė
Member
Aušra has more than 20 years of experience in civil service. For the last 13 years she has been the Director of the Asset Management Department...
Lorraine Wrafter
Independent Member
Lorraine is a global HR director with a specialisation in Organisation Effectiveness (change, culture, M&A, organisation design, reward and talent management)...