Company details
| Company code: | 303792888 |
| VAT identification number: | LT100009225616 |
| Head office: | Jėgainės St. 6, Biruliškės vlg, Karmėlava eld., Kaunas reg., Lithuania |
| Correspondence address: | Jėgainės St. 6, LT-52490 Biruliškės vlg, Karmėlava eld., Kaunas reg., Lithuania |
| Establishment date and register: | 27 February 2015, Lithuanian Register of Legal Entities |
| Bank account: | LT977300010149262104 |
| Bank: | Swedbank, AB |
| Shareholders: | AB "Ignitis grupė" – 51%, UAB "Gren Lietuva" – 49% |
| Share capital: | EUR 40,000,000 |
Contact information
| Tel.: | +37061569294 |
| E-mail: | [email protected] |
| Web: | www.kkj.lt/en |
Company governance
UAB Kauno kogeneracinė jėgainė
Kaunas Combined Heat and Power Plant is one of the most technologically advanced cogeneration plants in the Baltics. It converts non-hazardous industrial and municipal waste which is left over after secondary sorting and cannot be recycled into electricity and heat. The plant is able to cover nearly half of the heat demand in Kaunas.
More information about cogeneration power plants you can find here.
Ignitis Group companies are fully committed to build a sustainable future. You can read more about the Group's sustainability activities in the 2025 Sustainability (Corporate Social Responsibility) Report, which is part of the Group's annual report.
| Performance, EURm | |
|---|---|
| Revenue | 55.4 |
| Expenses | (16.4) |
| Adjusted EBITDA | 39.0 |
| Net profit | 28.4 |
| Investments: | 1.5 |
| Assets: | 168.6 |
| Equity | 74.3 |
| Liabilities | 94.3 |
| Number of employees | 47 |
Company details
| Company code: | 303792888 |
| VAT identification number: | LT100009225616 |
| Head office: | Jėgainės St. 6, Biruliškės vlg, Karmėlava eld., Kaunas reg., Lithuania |
| Correspondence address: | Jėgainės St. 6, LT-52490 Biruliškės vlg, Karmėlava eld., Kaunas reg., Lithuania |
| Establishment date and register: | 27 February 2015, Lithuanian Register of Legal Entities |
| Bank account: | LT977300010149262104 |
| Bank: | Swedbank, AB |
| Shareholders: | AB "Ignitis grupė" – 51%, UAB "Gren Lietuva" – 49% |
| Share capital: | EUR 40,000,000 |
Contact information
| Tel.: | +37061569294 |
| E-mail: | [email protected] |
| Web: | www.kkj.lt/en |
Company governance
CEO
Ramūnas Paškauskas
CEO
Ramūnas Paškauskas is the CEO of Kauno Kogeneracinė Jėgainė. Ramūnas Paškauskas, who has many years of experience in the energy sector...
Board
Mantas Bartuška
Independent Board Member and Chair of the Board
Mantas Bartuška is an Independent Board Member and Chair of the Board at Kauno Kogeneracinė Jėgainė. Mantas Bartuška has over 17 years...
Mantas Mikalajūnas
Board Member
Mantas Mikalajūnas has been serving as Kaunas Combined Heat and Power Plant Board Member since 1 April 2022...
Vitalijus Žuta
Board Member
Vitalijus Žuta is a Member of the Management Board of Kauno Kogeneracinė Jėgainė. Vitalijus Žuta has many years of experience...
Documents and reports
Annual reports
Remuneration
In accordance with applicable regulations and personal data protection principles, average salary data will not be disclosed if a company or a job category has only one employee.
Funds spent on publicity
Link to the report in VIRSIS
Not all companies that are preparing/disseminating public information are registered in VIRSIS, therefore, the company will additionally provide information on the funds allocated for publishing its activities on its website.
Our purpose, strategy, priorities and targets
Integrated business model
Ignitis Group is a leading integrated energy group in the Baltic region. We lead the regional energy transition to strengthen competitiveness and support economic growth.
Ignitis Group is active in the Baltic states, Poland and Finland. Our integrated business model enables synergies and new business models, supported by our strong position in the Baltics - benefiting from the largest network, energy storage capacity, and customer portfolio in the Baltics.
We are utilising our integrated business model to maximise value:
‒Developing and operating green generation and flexibility assets in line with market demand and system needs and progressing toward our 4–5 GW strategic goal
‒Building a resilient and efficient network that enables electrification
‒Contributing to the security of the energy system
‒Delivering value‑driven growth through outstanding customer experience
UAB Kauno kogeneracinė jėgainė, a part of the Green Capacities segment, plays a significant role in the integrated business model and strategy of Ignitis Group. The company's position within the Group’s structure is available here. More information about the integrated business model and strategic priorities of the company as well as targets by its business segments is available here.
Our purpose and strategy
Our purpose is to create a 100% secure and green energy ecosystem for current and future generations. We lead the regional energy transition to strengthen competitiveness and support economic growth. By securing local, reliable energy, we strengthen regional competitiveness and economic growth, support household well‑being, enhance business competitiveness, and attract energy‑intensive industries. More information about the Group’s purpose and purpose-driven priorities is available here.
UAB Kauno kogeneracinė jėgainė significantly contributes to the execution of the Group's strategy, is an integral part of the organisation and follows the Group’s strategy and stategic plan in its activities.
Strategic priorities and targets of the company
1.Green Capacities segment’s priorities are available here. More information is provided in the integrated strategic plan of the Group.
2.People and innovation. We are purpose-driven people who contribute to our strategic priorities. We innovate to create the future energy sector and bring new opportunities for our customers.
3.Sustainability. Decarbonisation that drives business value and ensures energy security: reducing carbon intensity under 2026–2029 targets while safeguarding reliable operation of the power system and balancing needs. We are strengthening regional competitiveness in the long term by reducing the carbon intensity of the grid. Our strategic priorities: decarbonisation, safety, employee experience, diversity, customer experience and sustainable value creation.
Our mindsets
We are a diverse team of energy smart people united by a common purpose. Four mindsets – simple yet powerful. United by purpose. Owning the challenge. Passion for reinvention. Pursuing excellence. Together, they yield the energy that drives everything we do. The energy generated by our choices. Our actions. Our unity.
Anti‑corruption
The company follows the Ignitis Group Anti‑corruption policy, Group Code of Ethics and Conduct, and business ethics principles. We operate responsibly and transparently – we do not tolerate any form of corruption and promote fair business practices and open communication with stakeholders. We provide secure reporting channels through the Trust line, which enables anonymous and confidential reporting of potential misconduct by employees or business partners.