Key financial indicators 2022 (EUR million):
Revenue 282.6
Expenses (275.8)
Adjusted EBITDA 7.1
Net profit 6.3
Investments 0.2
Assets 73.1
quity 33.6
Liabilities 40.5
en
"Ignitis Latvija" SIA
Company code: 40103642991
VAT identification number: LV40103642991
Head office: Gustava Zemgala gatve 74A, Riga, LV-1039, Latvia
Correspondence address: Gustava Zemgala gatve 74A, Riga, LV-1039, Latvia
Establishment date and register: 28 February 2013, Latvia Register of Legal Entities
Bank account: LV98UNLA0055000752219
Bank: "SEB banka"
Tel.: +371 2 000 50 95
E-mail: [email protected]
Web: www.ignitis.lv
Shareholders:
Ignitis UAB – 100%
Share capital:
EUR 11,500,000
Articles of association:
Articles
Ignitis Latvija takes care of electricity and gas supply. The company is a part of Ignitis UAB.
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.
Number of employees:
18
Investuotojų blokelis
Pavadinimas
Strategy
Laisvai įvedamas tekstas
Ignitis Latvija is part of Ignitis group companies. Therefore in its activities follows the general strategy of the Group.
Strategy
Pavadinimas
Our purpose and values
Laisvai įvedamas tekstas
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.
Pavadinimas
Transparency
Laisvai įvedamas tekstas
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.
Kristaps Muzikants
CEO
Kristaps Muzikants
Kristaps Muzikants has been the CEO and a Member of the Management Board of Ignitis Latvia since 24 October 2019.
Kristaps has many years of experience in IT and insurance companies. Prior to joining the energy sector, he worked in the field of B2B sales, took care of budget management, and acquired experience in risk management.
He graduated from Riga International University of Economics and Business with a bachelor's degree in Business and a master's degree in Business. He holds a master's degree in IT Business from Riga University of Technology.
Kristaps Muzikants
Member of the Board
Kristaps Muzikants
Kristaps Muzikants has been the CEO and a Member of the Management Board of Ignitis Latvia since 24 October 2019.
Kristaps has many years of experience in IT and insurance companies. Prior to joining the energy sector, he worked in the field of B2B sales, took care of budget management, and acquired experience in risk management.
He graduated from Riga International University of Economics and Business with a bachelor's degree in Business and a master's degree in Business. He holds a master's degree in IT Business from Riga University of Technology.
Artūras Bortkevičius
Chair of the Supervisory Board
CEO of UAB “Ignitis”
CEO of UAB “Ignitis”
Artūras Bortkevičius
Artūras Bortkevičius is a Management Board Chair and CEO at Ignitis.
In recent years, Artūras Bortkevičius has held the position of Chief Financial Officer of the international pharmaceutical company Sandoz Pharmaceuticals in the Baltic States. He also worked as a financial expert for the consulting company Frauditoriai and was the Financial Director of the Danish Royal Unibrew group company Ceres S.P.A. He also gained experience in Kalnapilis-Tauras Group and Sicor Biotech.
Andrius Kavaliauskas
Member of the Supervisory Board
Andrius Kavaliauskas
Andrius Kavaliauskas has been a Member of the Supervisory Board since 8 June 2022. He is also Member of the Management Board and Chief Private Customers Officer at Ignitis since 3 December 2018.
Andrius Kavaliauskas joined the Lietuvos Energija group in 2018 and became the Director of the Private Customers and Service Development Department of Lietuvos Energijos Tiekimas. Until then, he worked for Franmax and has extensive experience in the field of telecommunications (he worked at Telia Lietuva, Omnitel, Teo and also in the financial sector – he worked for the investment and private banking group Finasta for almost seven years).
Andrius Kavaliauskas holds a bachelor's degree in Economics and a master's degree in International Business which he acquired at Vilnius University. He later deepened his knowledge at the Swedish KTH Royal Institute of Technology's IT/IP business development programme. He also finished his master's degree studies of International Business Management at the Baltic Management Institute and acquired the education of the member of the management board at the Baltic Institute of Corporate Governance.
Darius Šimkus
Member of the Supervisory Board
Darius Šimkus
Darius Šimkus has been a Member of the Supervisory Board since 8 June 2022.
Darius Šimkus began his career in the energy sector in 2018 after joining Energijos Tiekimas as Risk Management team lead. After the company was merged into Lietuvos Energijos Tiekimas, he became the Head of Risk Management and Compliance. Previous experience in the financial sector was built while working for Deloitte and Swedbank.