![]() Ignitis Group Ignitis Group (formerly known as Lietuvos Energija) is a company engaged in the generation, distribution, and supply of electricity and heat for people and businesses, | |||
Founding Date | Founding Date 1990 | Founding Date 1937 | Founding Date 1886 |
Type | Type Public | Type Private | Type Subsidiary |
Tags | |||
Locations | Locations Ankara, TR HQ | Locations Vilnius, LT HQ | Locations Jackson, US HQ Grand Rapids, US Saginaw, US |
Employees | Employees 252 | Employees 1,9892% increase | Employees 8,0901% decrease |
Financial | |||
Revenue (est.) | Revenue (est.) ₺7.8b (FY, 2025) | Revenue (est.) €1.3b (FY, 2018) | Revenue (est.) $6.2b (FY, 2020) |
Cost of goods | Cost of goods ₺5.4b (FY, 2025) | Cost of goods €995.7m (FY, 2018) | Cost of goods N/A |
Gross profit | Gross profit ₺2.5b (FY, 2025) | Gross profit €258.5m (FY, 2018) | Gross profit N/A |
Net income | Net income ₺283.2m (FY, 2025) | Net income (€7.9m) (FY, 2018) | Net income $816m (FY, 2020) |

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