Key financial indicators 2022 (EUR million):
Revenue 59.4
Expenses (25.0)
Adjusted EBITDA 34.4
Net profit 26.8
Investments 0.2
Assets 198.0
Equity 77.9
Liabilities 120.1
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
Tel. numeris: +370 615 69 294
E-mail: [email protected]
Web: www.kkj.lt
Shareholders:
Ignitis Grupė AB – 51%
UAB Gren Lietuva – 49%
Share capital:
EUR 40,000,000
Kauno Kogeneracinė Jėgainė is one of the most modern power plants in the Baltic States. It uses residual household and industrial waste, which remains after recycling, to produce electricity and heat. The power plant can produce almost half of the heat required for Kaunas.
More information about Cogeneration Power Plants you can find here.
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 59.4
Expenses (25.0)
Adjusted EBITDA 34.4
Net profit 26.8
Investments 0.2
Assets 198.0
Equity 77.9
Liabilities 120.1
Number of employees:
41
Kauno kogeneracinė jėgainė 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.
Ramūnas Paškauskas is the General Manager of Kauno Kogeneracinė Jėgainė.
Ramūnas Paškauskas, who has many years of experience in the energy sector, joined the Kauno Kogeneracinė Jėgainė on 8 March 2016. Ramūnas currently represents the power plant in the CEWEP organisation.
Paškauskas gained management experience while working in the energy sector. Ramūnas has worked for AB “Panevėžio energija” for more than 10 years. He began his career as a Service Engineer and later held various managerial positions.
Mr Paškauskas graduated from Kaunas University of Technology with a degree in Electrical Engineering. He holds a master’s degree in Management and Business Administration from ISM University of Management and Economics.
Mantas Mikalajūnas has been a Member of the Management Board of Kauno Kogeneracinė Jėgainė since 31 March 2022.
Mantas is also a Member of the Management Board of AB “Ignitis grupe”, UAB “Ignitis” and UAB Elektroninių mokėjimų agentūra, the Head of Group Regulated Activities at AB “Ignitis grupė”.
Mantas is an executive with almost 20 years of experience in various energy sector companies. Mantas launched his career in Lietuvos Dujos, later he had an internship in German energy group of companies. After returning to Lithuania, he was working in strategic positions at Lietuvos Dujos, where he served as an executive team member and was responsible with investor relations, state authorities and the regulator as well as integration of Lietuvos Dujos into Lietuvos Energija (now Ignitis Group). Before transitioning to the position of Head of Business Development at Ignitis Group, Mantas served as a CEO at Lietuvos Dujų Tiekimas (later Lietuvos Energijos Tiekimas).
Mantas earned master’s degree in Business Administration and Management at Vilnius University.
Vitalijus Žuta is a Member of the Management Board of Kauno Kogeneracinė Jėgainė.
Vitalijus Žuta has been the CEO of UAB “Fortum Heat Lietuva” since 2005. Vitalijus is a member of the Management Boards of Fortum Klaipėda, Fortum Švenčionių Energija, Fortum Joniškio Energija and Klaipėdos Energija.
Mr Žuta has accumulated many years of experience in the energy sector and implemented several significant projects. While working at the AB “Lietuvos energija” branch Tena, he was responsible for the material and technical provision of Lietuvos Energija branches, the implementation of loans from the European Bank for Reconstruction and Development and the World Bank, and the implementation of various projects. He coordinated the projects for the modernisation of the automation of the 7th power unit of Lietuvos Elektrinė and the installation of an electrostatic smoke cleaning filter.
He implemented the project of the first cogeneration power plant in Klaipėda, which uses waste as fuel, not only in Lithuania, but also in the entire Baltic region. For a long time, Vitalijus worked at the Vilniaus Kogeneracinė Jėgainė, and since 2000 he has been working as the Technical Director at Suomijos Energija.
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