Key financial indicators 2022 (EUR million):
Revenue 683.7
Expenses (533.0)
Adjusted EBITDA 167.1
Net profit 29.6
Investments 269.7
Assets 1,863.5
Equity 607.5
Liabilities 1,439.4
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: 11 December 2015, Lithuanian Register of Legal Entities
Bank account: LT18 7044 0600 0158 1747
Bank: AB SEB bankas
E-mail: [email protected]
Web: www.eso.lt
Shareholders:
Ignitis Grupė AB – 100 %
Share capital:
EUR 259,442,796.57
ESO distributes electricity and gas, maintains distribution networks, implements smart solutions to make networks more reliable and efficient, takes care of their troubleshooting and connects new customers. By effectively managing infrastructure, ESO seeks to enable competition in the energy market.
ESO serves 1.6 million customers throughout Lithuania. Company serviced area in square kilometres is around 65,300. The company operates networks of more than 9,000 kilometres of natural gas distribution pipelines and more than 125,000 kilometres of overhead and underground electric power lines.
Ignitis Group companies seek to develop responsible and sustainable business culture. You can read more about the Group's sustainability activities in 2022 in the Sustainability Report, which is part of the Group's annual report.
Key financial indicators 2022 (EUR million):
Revenue 683.7
Expenses (533.0)
Adjusted EBITDA 167.1
Net profit 29.6
Investments 269.7
Assets 1,863.5
Equity 607.5
Liabilities 1,439.4
Number of employees:
2,563
ESO is part of Ignitis group companies. Therefore in its activities follows the general strategy of the Group.
Strategy
Ignitis Group's purpose is to create a 100% green and secure energy ecosystem for current and future generations.
Our values unite, motivate and inspire us: responsibility, partnership, openness and growth.
We are a diverse team of energy smart people united by a common purpose to create a 100% green and secure energy ecosystem for current and future generations.
Ignitis Group is committed to acting in a responsible and harmonious manner, thus it does not tolerate any form of corruption in its daily activities, and advocates fair business and transparent communication with all interested parties.
Renaldas Radvila is the CEO of ESO since 24 November 2022.
Renaldas Radvila gained management experience working in the telecommunications and energy sectors. For 17 years he worked in the telecommunications sector, where he held various management positions. At AB “Telia Lietuva”, he was the Head of the Private Customer Service Department, later – the Head of Business Change. In 2018, he joined ESO.
He graduated from Vilnius University with a bachelor's degree and a master's degree in Management from ISM University of Management and Economics.
Eligijus Kajieta is an Independent Member of the Supervisory Board at ESO.
Eligijus has been holding office since 29 April 2022.
Eligijus Kajieta is currently an independent member of the Supervisory Board of Klaipėda State Seaport Authority and member of the Supervisory Board of „Myriad Capital“.
Eligijus graduated from Vilnius University with a master's degree in Public relations.
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. She also serves as the Member of the Management Board and Head of Group Organisational Development at Ignitis Group, Member of the Supervisory Board of Ignitis Gamyba, Chair of the Board of Ignitis Group Service Centre and Elektroninių Mokėjimų Agentūra.
Dr. Živilė Skibarkienė is a professional in law and organisational development with extensive experience as a top-level executive. She joined Ignitis Group in 2018 and before that she was the Head of Legal and Administration Division at Šiaulių Bankas. She served as the Deputy CEO and Executive Board Member at Finasta Bank, and in DNB Bank (now Luminor) she was the Head of Compliance.
Živilė earned master’s degree in Law at Vilnius University and defended her PhD in Social Sciences at Mykolas Romeris University. She completed an Oxford Executive Leadership Program at W. Saïd Business School, University of Oxford.
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. He also serves as the Chair of the Management Board and CEO of Ignitis Group.
Darius has extensive experience as a top-level executive with international experience in energy, telecommunications, IT, venture capital sectors. He joined Ignitis Group in 2018 and is serving as the Chair of the Management Board and CEO since then. Previously, Darius was the founder and CEO of Wider Communications Limited and Wider Communications Incorporated, worked as a Fund Adviser at Nextury Ventures, served as the Chair of the Supervisory Board at Energijos Skirstymo Operatorius, Chair of the Board at LESTO, Vice President at Telia (previously Omnitel).
Darius earned bachelor’s degree in business administration at Kaunas University of Technology, later he earned an Executive MBA degree at Baltic Management Institute. Additionally, he completed a General Manager Program at Harvard Business School, dedicated for CEOs.
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, a member of the Lithuanian Trade Union Confederation, Board and Council, a member of the Tripartite Council of the Republic of Lithuania (currently holds the position of the Chair), a member of Kaunas City Tripartite Council, Member of the Labour Disputes Commission under the State Labour Inspectorate, Head of the Joint Workers' Trade Union of Kaunas Region Energy Companies. Dalia has more than ten years of management experience and work experience in various employee rights protection and representation institutions. Dalia graduated with a bachelor’s degree in Law from Kolping College. She is also a mediator in social dialogue (professional qualification).
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