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

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 2023
Performance, EURmConsolidated2Standalone
Revenue2 549.1225.6
Expenses(2 041.7)(10.5)
Adjusted EBITDA484.7(7.3)
Net profit320.2259.9
Investments937.110.3
Assets5 244.43 445.1
Equity2 263.42 101.1
Liabilities2 981.01 344.0
Number of employees4 40253

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

CEO

Darius Maikštėnas

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...

Read more

Management Board

Dr. Živilė Skibarkienė

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...

Read more
Jonas Rimavičius

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...

Read more
Mantas Mikalajūnas

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...

Read more
Vidmantas Salietis

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...

Read more

Supervisory Board

Alfonso Faubel

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...
 

Read more
Tim Brooks

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...
 

Read more
Judith Buss

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...
 

Read more
Ingrida Muckutė

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...


 

Read more
Sian Lloyd Rees

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...

Read more
Aušra Vičkačkienė

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...
 

Read more
Lorraine Wrafter

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)...

Read more