Company details

Company code:304151376
VAT identification number:LT100009860612
Head office:Laisvės pr. 10, LT-04215 Vilnius, Lithuania
Correspondence address:Laisvės pr. 10, LT-04215 Vilnius
Establishment date and register:December 2015, Lithuanian Register of Legal Entities
Bank account:LT82 7044 0600 0298 2730
Bank:AB SEB bankas
Shareholders:AB „Ignitis grupė“ – 100%
Share capital:EUR 259,442,796.57

Contact information

AB "Energijos skirstymo operatorius"

Energijos Skirstymo Operatorius (ESO) distributes electricity and natural gas. It also maintains the infrastructure by reconstructing and modernising the network, improving network reliability and deploying innovations. In addition, the company ensures the sustainable development of the natural gas and electricity networks while connecting new consumers to the network and facilitating renewables-based generation.

ESO maintains, modernises and expands the distribution networks that bring electricity and natural gas to private and business customers. It ensures the efficiency of services by deploying smart solutions. The company also informs consumers about network reconstructions, provides information to prosumers and ensures the implementation of smart accounting solutions.

ESO services nearly 1.9 million customers in Lithuania. The company services an area of 65,300 km² and maintains over 130,000 km of overhead and underground power lines while operating over 9,000 km of gas distribution pipelines.

Ignitis Group’s companies are firmly committed to create a sustainable future. For more information on the Group’s sustainability efforts, see Sustainability report (Corporate social responsibility report), which is an integral part of the Group Integrated Annual Report 2024.

The Code of Ethics of Ignitis Group is based on the values of our organisation and describes the code of conduct to be followed by the Group companies and employees. You can find the Code of Ethics here.

Our purpose, strategy, priorities and targets

Performance 2024
Performance, EURm
Revenue

703.5

Expenses

(498.0)

Adjusted EBITDA

222.8

Net profit

62.6

Investments: 

337.5

Assets: 

2 416.1

Equity

763.7

Liabilities

1 652.4

Number of employees

2 620

Company details

Company code:304151376
VAT identification number:LT100009860612
Head office:Laisvės pr. 10, LT-04215 Vilnius, Lithuania
Correspondence address:Laisvės pr. 10, LT-04215 Vilnius
Establishment date and register:December 2015, Lithuanian Register of Legal Entities
Bank account:LT82 7044 0600 0298 2730
Bank:AB SEB bankas
Shareholders:AB „Ignitis grupė“ – 100%
Share capital:EUR 259,442,796.57

Contact information

CEO

Renaldas Radvila

Renaldas Radvila

CEO

Renaldas Radvila is the CEO of ESO since 24 November 2022.

Renaldas Radvila gained management experience working in the telecommunications and energy sectors...

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Management board

Nerijus Datkūnas

Nerijus Datkūnas

Chair of the Board, independent member

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Dalia Jakutavičė

Dalia Jakutavičė

Board Member, employee representative

Dalia Jakutavičė is a Representative of the employees in the Supervisory Board.

Dalia Jakutavičė has been holding office since 14 October 2019. Dalia is also currently the Head of the Lithuanian Industry Trade Union Federation,...

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Darius Maikštėnas

Darius Maikštėnas

Board Member, shareholder representative in energy distribution and regulation

Since 14 February 2023 Darius Maikštėnas is serving as a shareholder's representative in the Board of Energijos Skirstymo Operatorius (ESO), supervising energy distribution and regulation areas...

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Dr. Živilė Skibarkienė

Dr. Živilė Skibarkienė

Board Member, shareholder representative in strategic planning and governance

Since 14 February 2023 Živilė Skibarkienė is serving as a shareholder's representative in the Board of Energijos Skirstymo Operatorius (ESO), supervising strategic planning and management areas...


 

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Eligijus Kajieta

Eligijus Kajieta

Board Member, independent

Eligijus Kajieta is an Independent Member of the Supervisory Board at ESO.

Eligijus has been holding office since 29 April 2022...

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Our purpose, strategy, priorities and targets​

Integrated business model​

Ignitis Group is a renewables-focused integrated utility, benefiting from the largest customer portfolio, energy storage facility and network in the Baltics. Ignitis Group is active in the Baltic states, Poland and Finland. We are leveraging our largest customer portfolio, energy storage facility, and network in the Baltics. We are utilising our integrated business model to maximise potential and:​

  • deliver 4–5 GW of installed green generation and green flexibility capacity by 2030;​

  • expand a resilient and efficient network that enables electrification;​

  • utilise and further expand our customer portfolio to enable the Green Capacities build-out;​

  • contribute to the security of the energy system.​​

AB “Energijos skirstymo operatorius“, a part of the Networks 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% green and secure energy ecosystem for current and future generations. ​

We are strengthening our contribution to Europe’s decarbonisation and energy security in the region while accelerating the energy transition and electrification in the Baltics and Poland. More information about the Group’s purpose and purpose-driven priorities is available here. ​

AB “Energijos skirstymo operatorius“ 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. Networks segment’s priorities are available here . More information about its goals is provided in the integrated strategic plan of the Group.
  2. People. We are contributing to Ignitis Group’s purpose and strategic priorities by building a diverse team of energy-smart people.
  3. Sustainability and ESG. As part of our strategy, we focus on reducing greenhouse gas emissions while following science-based targets, promoting workplace safety with a focus on TRIR and zero fatalities, enhancing the employee experience through well-being, education, and growth initiatives, ensuring fair pay, promoting diversity and inclusion, encouraging diversity among top executives, and creating sustainable value through responsible investments and returns.

Our Values

We are a diverse team of energy-smart people united by a common purpose. Our values—responsibility, partnership, openness, and growth—unite, motivate, and inspire us. They are available here.