AB "BIRAČ EUROPE" — Company Profile

Note: Publicly accessible, verifiable information about AB "BIRAČ EUROPE" is limited. The profile below summarizes what is available from open sources and widely reported media/legal documents, and clearly notes items that could not be validated in open databases.

Company Overview

Legal name: AB "BIRAČ EUROPE" (Akcinė bendrovė)
Country of registration: Lithuania
Industry sector: Holding and investment; non‑ferrous metals (alumina/aluminium value chain) via foreign subsidiaries/affiliates
Founding date: Not publicly available in open sources consulted
Headquarters (registered office): Not publicly available in open sources consulted

AB "BIRAČ EUROPE" is referenced in international legal proceedings and regional business media as a Lithuanian-registered holding company associated with ownership and control interests in the alumina production complex “Birač a.d. Zvornik” (later operating as “Alumina” d.o.o.) in Zvornik, Bosnia and Herzegovina (Republika Srpska). Open sources indicate that the company functioned as an investment and holding vehicle rather than an operating industrial business in Lithuania.

Legal Information

Įmonės kodas (company code): Not available in open sources consulted
PVM kodas (VAT code): Not available in open sources consulted
Official website: No official corporate website could be identified in open sources
Official email: Not available in open sources consulted
Registered office address: Not available in open sources consulted
Phone number: Not available in open sources consulted

Note: The Lithuanian Juridinių asmenų registras (Centre of Registers) maintains authoritative records, but full company extracts (including code, address, directors) typically require a paid query. No freely accessible, authoritative extract for AB "BIRAČ EUROPE" was located in open datasets consulted.

Business Operations

Main activities:
- Holding/investment management of interests in the alumina production sector outside Lithuania, notably the “Birač”/“Alumina” complex in Zvornik, Bosnia and Herzegovina.
- Corporate governance, financing, and cross‑border ownership structuring for investee companies in the non‑ferrous metals value chain (as reported in media and arbitration records).

Products/services:
- As a holding company, AB "BIRAČ EUROPE" does not appear to manufacture goods in Lithuania. The underlying investee asset historically produced alumina and related chemical products used in aluminium production and other industrial applications.

Business model:
- Ownership and control of operating subsidiaries/affiliates; potential revenue from dividends, management control, and capital gains from investee operations. Open sources indicate limited direct operating footprint in Lithuania.

Market position:
- In Lithuania: not an operating industrial producer; presence characterized as a holding structure.
- In Bosnia and Herzegovina (through investee): the Zvornik alumina plant historically held regional significance in alumina/hydrate output; however, operations, control, and ownership have been the subject of insolvency, restructuring, and litigation since the early 2010s.

History

- Early 2000s: Media accounts indicate that Lithuanian investors acquired control of the “Birač” alumina complex in Zvornik during regional privatization waves. While precise incorporation details for AB "BIRAČ EUROPE" are not available in open datasets, the entity is frequently named as a Lithuanian vehicle holding interests in the plant.

- 2013: The collapse of Lithuania’s Ūkio bankas (and subsequent issues at Ūkio banko investicinė grupė – UBIG) coincided with financial distress at the Birač/Alumina plant. Local courts and authorities in Republika Srpska initiated protective measures and insolvency-related processes affecting the plant’s ownership and operations (as reported in regional media).

- 2014–2016: Disputes escalated regarding control, alleged debts, and management of the Zvornik plant. AB "BIRAČ EUROPE" and related investors commenced international arbitration proceedings against Bosnia and Herzegovina, citing protections under bilateral investment treaties.

- 2016–2020s: The ICSID arbitration “BIRAC EUROPE (Lithuania) and Others v. Bosnia and Herzegovina (ICSID Case No. ARB/16/36)” was registered. Parallel litigation and restructuring continued domestically within Bosnia and Herzegovina. Public reports suggest AB "BIRAČ EUROPE" did not have active industrial operations in Lithuania during this period and was primarily involved in legal/ownership matters concerning the foreign asset.

Financial Information

Revenue and results: Not publicly disclosed. No audited financial statements or revenue figures for AB "BIRAČ EUROPE" were located in open sources.
Funding rounds: Not applicable in the traditional venture/private equity sense. Financing appears linked to corporate/group structures related to the underlying asset and Lithuanian investors of the 2000s–2010s.
Ownership structure: Specific shareholding and beneficial ownership details are not available in open sources consulted. Media coverage recurrently associates AB "BIRAČ EUROPE" with Lithuanian investor groups active around Ūkio bankas/UBIG, though exact legal ownership at various times is complex and subject to disputes and insolvency processes.
Status: Some Lithuanian and regional media reports have referred to the entity in the context of insolvency/restructuring (“bankrutuojanti”/“BAB”), but an authoritative, current status requires a paid extract from the Lithuanian Centre of Registers.

Leadership and Management

Key executives (vadovai): Not publicly available in open sources consulted.
Board members: Not publicly available in open sources consulted.

Note: Lithuanian corporate governance information (directors, board) is filed with the Juridinių asmenų registras. No open-source, verifiable list of current or historical officers for AB "BIRAČ EUROPE" was found.

Office Locations

Registered office: Not publicly available in open sources consulted.
Other offices: Phone numbers: Not publicly available in open sources consulted.

Market Position and Competitors

As a holding company, AB "BIRAČ EUROPE" does not directly compete in product markets in Lithuania. Its market relevance derived from the investee’s (Birač/Alumina Zvornik) role in alumina production. In that underlying sector, global competitors include integrated and stand‑alone alumina producers such as Rio Tinto, Alcoa, Rusal, Hydro, and EGA; regionally, alumina production has also been present in Central/Eastern Europe (e.g., Romania’s Alum Tulcea). The specific market share of the Zvornik asset has fluctuated and has been constrained by insolvency, ownership disputes, and operational uncertainty since the early 2010s.

Recent Developments

- International arbitration: “BIRAC EUROPE (Lithuania) and Others v. Bosnia and Herzegovina” (ICSID Case No. ARB/16/36) was registered in 2016, concerning measures affecting the Zvornik plant and alleged investor rights under international investment law.
- Local proceedings in BiH: Continued court-supervised restructuring/management of the Zvornik alumina assets has been reported throughout the late 2010s and early 2020s, with changing operational control and negotiations with creditors and authorities.
- Lithuania: No recent public reports were identified indicating renewed operating activity, new projects, or expansions by AB "BIRAČ EUROPE" within Lithuania.

Contact Information

Official website: Not found
Email: Not available
Registered address: Not available
Phone: Not available

How to obtain authoritative details: For the company code (įmonės kodas), VAT code (PVM kodas), registered address, and officer list, request an official extract from the Lithuanian Centre of Registers (Juridinių asmenų registras). Some third‑party business directories (e.g., Rekvizitai.lt) may list limited summaries, but the Centre of Registers extract is the authoritative source.

Sources and References

- ICSID (International Centre for Settlement of Investment Disputes), “BIRAC EUROPE (Lithuania) and Others v. Bosnia and Herzegovina, ICSID Case No. ARB/16/36.” Public case listing and documents. URL: https://icsid.worldbank.org (search case database for ARB/16/36).
- Balkan Insight and regional media coverage (2013–2021) on Birač/Alumina Zvornik insolvency, ownership disputes, and legal actions. Example: https://balkaninsight.com (search “Birač Zvornik Alumina”).
- bne IntelliNews archives on Ūkio bankas/UBIG and related regional investments, including Birač/Alumina. URL: https://www.intellinews.com (search “Birac Europe”).
- Reuters and other international outlets reporting on legal and restructuring developments involving the Zvornik alumina plant (various articles, 2013–2020). URL: https://www.reuters.com (search “Zvornik alumina Birac Lithuania”).
- Lithuanian Centre of Registers (Juridinių asmenų registras) – authoritative company registry for Lithuania. URL: https://www.registrucentras.lt (paid extract required for full company data).
- Rekvizitai.lt (Lithuanian business directory) – secondary source that may list basic corporate details; verify against the Centre of Registers. URL: https://rekvizitai.lt (search “BIRAČ EUROPE”).

Notes on Data Gaps

Key Lithuanian corporate identifiers and contacts (įmonės kodas, PVM kodas, address, phone, executives) were not available in the open, free sources consulted. Given the company’s profile as a holding vehicle with cross‑border legal disputes and possible insolvency/restructuring context, some records may be archived, redacted, or accessible only via paid registry extracts or court filings.