Litgrid AB - Company Profile
Powered by 
All the sales intelligence you need on Litgrid AB in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how Litgrid AB fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with Litgrid AB.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Litgrid AB (Litgrid), a subsidiary of EPSO-G, is an electricity transmission system operator. The company is primarily engaged in maintaining the stable operation of the national power system, controlling electricity flows, and facilitating competition in an open domestic electricity market. Its main services include the transmission of electricity over high voltage electrical installations, trade-in imbalance and balancing electricity, and the provision of additional services such as capacity reserve assurance and emergency response services. Litgrid services are utilized by energy-generating companies, distribution network operators, and consumers connected to the transmission network. The company serves electricity transmission grid users and suppliers in Poland, Lithuania, Norway, Latvia, Sweden, Italy, Estonia, and other countries. Litgrid is headquartered in Vilnius, Lithuania.
Headquarters
Lithuania
Address
Karlo Gustavo Emilio Manerheimo G. 8, Vilnius, 05131
Website
www.litgrid.eu
Telephone
370 5 2782777
No of Employees
458
Industry
Power
Ticker Symbol & Exchange
LGD1L (VSE)
Revenue (2024)
$409.3M
2.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
1.3%
(2024 vs 2023)
Market Cap*
$585.2M
Net Profit Margin (2024)
XYZ
-0.9%
(2024 vs 2023)
* As of and is in US$
Litgrid AB premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Power | Grid Services to Third Parties |
| Trade | |
| Electricity Transmission Services | |
| XYZ | |
| XYZ | |
| XYZ |
Competitor Comparison
| Key Parameters | Litgrid AB | Svenska Kraftnat | Latvenergo AS | Augstsprieguma tikls AS | Austrian Power Grid AG |
|---|---|---|---|---|---|
| Headquarters | Lithuania | Sweden | Latvia | Latvia | Austria |
| City | Vilnius | Sundbyberg | Riga | Riga | Vienna |
| State/Province | - | Stockholm | Riga | Riga | Wien |
| No. of Employees | 458 | 1,562 | 3,436 | 534 | 450 |
| Entity Type | Public | Government | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Tomas Varneckas | Chairman | Executive Board | 2022 | - |
| Andrius Semeskevicius | Chief Executive Officer | Senior Management | 2026 | - |
| Karolis Sabaliauskas | Head - Strategic Infrastructure Department | Senior Management | - | - |
| Vidmantas Grusas | Head - Transmission Grid Department | Senior Management | 2020 | - |
| Vytautas Tauras | Head - Finance Department | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer