Akcinė bendrovė "Kauno baldai"

AB "Kauno baldai" is a Lithuanian furniture manufacturer based in Kaunas, Lithuania. The company is known for producing upholstered furniture such as sofas, armchairs, and soft seating, supplying both domestic retailers and export markets. The company traces its roots to the historic Kaunas furniture manufacturing tradition and was reorganized into a joint-stock company format in the post-1990 privatization era of Lithuania’s economy.

Company Overview

Legal name: Akcinė bendrovė "Kauno baldai"
Headquarters: Kaunas, Lithuania (see Legal Information for registered address status)
Industry sector: Manufacturing – Furniture (upholstered seating, soft furniture)
Founding date: The company’s industrial roots date to the Soviet-era Kaunas furniture combine; the current joint-stock company format was established during Lithuania’s privatization period in the early-to-mid 1990s (specific incorporation date not publicly confirmed in accessible sources as of 2024).

Legal Information

Įmonės kodas (company code): Not publicly confirmed in accessible sources as of 2024.
PVM kodas (VAT code): Not publicly confirmed in accessible sources as of 2024.
Official website: kaunobaldai.lt (based on brand and market presence; please verify)
Email address: Not publicly confirmed in accessible sources as of 2024 (common format would be info@kaunobaldai.lt; please verify)
Registered office address: Kaunas, Lithuania (exact street address not publicly verifiable in accessible sources as of 2024)
Phone number: Not publicly confirmed in accessible sources as of 2024.

Note: For authoritative legal identifiers and contact details, consult Lithuania’s Juridinių asmenų registras (Register of Legal Entities) maintained by Registrų centras.

Business Operations

Main products and services:
- Upholstered furniture: sofas, corner sofas, armchairs, ottomans, modular soft seating.
- Custom upholstery and model variations tailored for retail partners and export markets.
- Ancillary services: product design, prototyping, and series production for private-label clients (typical for Lithuanian furniture manufacturers).

Business model:
AB "Kauno baldai" operates as a manufacturing entity supplying retailers, distributors, and potentially large international clients under contract manufacturing or private-label arrangements. The company’s model emphasizes cost-efficient production, consistent quality, and export-oriented sales, common across Lithuania’s furniture sector.

Market position:
Lithuania’s furniture industry is a competitive, export-driven sector, often integrated into European value chains. AB "Kauno baldai" competes in upholstered furniture, focusing on quality, price-performance, and reliable delivery timelines. Its market position is shaped by longstanding manufacturing know-how and proximity to EU markets.

History

Founding story and evolution:
- Origins: The company descends from the Kaunas furniture manufacturing tradition (historically the Kaunas furniture combine), transitioning during Lithuania’s economic reforms of the 1990s into an independent corporate entity.
- Privatization and reorganization: During the early-to-mid 1990s, many Lithuanian state-owned factories were reorganized into joint-stock companies; AB "Kauno baldai" is generally associated with this broader wave of privatization and restructuring.
- Modernization: Over subsequent decades, Lithuanian furniture producers invested in modern machinery, lean manufacturing practices, and quality systems to serve EU markets; AB "Kauno baldai" aligns with these sector-wide developments.
- Branding: The company’s brand is recognized domestically for upholstered furniture; its export activity would align with the industry’s focus on European retail chains and distributors.

Note: Precise milestone dates, acquisitions, and corporate reorganizations are not fully available in accessible public sources as of 2024 and should be verified via official filings and press archives.

Financial Information

Revenue: Not publicly disclosed in accessible sources as of 2024. If AB "Kauno baldai" has been listed or has published annual reports, revenue data may be available through the Nasdaq Baltic or Registrų centras filings.
Funding rounds: Traditional Lithuanian manufacturers typically rely on retained earnings, bank financing, and EU structural funds; no specific funding rounds publicly confirmed in accessible sources as of 2024.
Ownership structure: Not publicly confirmed. Lithuanian furniture manufacturers may be privately held by local shareholders or part of broader industrial groups; any prior or current affiliations should be verified through official registries and corporate disclosures.

Leadership and Management

Key executives (vadovai):
- Chief Executive Officer (Generalinis direktorius): Not publicly confirmed in accessible sources as of 2024.
- Chief Financial Officer (Finansų direktorius): Not publicly confirmed.
- Production Director (Gamybos direktorius): Not publicly confirmed.
Board members: Not publicly confirmed in accessible sources as of 2024.

Note: Names and positions of current executives and directors should be obtained from official corporate disclosures, Rekvizitai.lt, or Registrų centras.

Office Locations

Registered office (buveinė): Kaunas, Lithuania (exact address not publicly confirmed in accessible sources as of 2024).
Additional offices or showrooms: Not publicly confirmed.
Phone numbers: Not publicly confirmed.

Note: Many Lithuanian manufacturers operate a single production site with administrative offices on-premises; any additional showrooms or sales offices should be confirmed via the company’s official website or directories.

Market Position and Competitors

Competitors (Lithuania and regional):
- Vilniaus baldai AB (flat-pack furniture; major exporter).
- Klaipėdos baldai (historically a Lithuanian furniture producer; verify current status).
- Narbutas (office furniture; international operations).
- Hilding Anders Lithuania (mattresses and sleep products; adjacent category).
- Various mid-sized upholstered furniture manufacturers across Lithuania, Poland, and the Baltic region.

Competitive advantages:
- Established production expertise in upholstered furniture.
- Access to skilled labor and supply chains in Lithuania’s furniture cluster.
- Proximity to EU markets facilitating export logistics.
- Emphasis on cost efficiency, quality standards, and OEM/private-label manufacturing.

Market share: Not publicly quantified in accessible sources as of 2024.

Recent Developments

Recent specific news (expansions, partnerships, reorganizations) about AB "Kauno baldai" are not clearly available in accessible public sources up to 2024. As with many Lithuanian manufacturers, sector-wide developments include investments in automation, sustainability initiatives, and product line updates. For definitive updates, consult Lithuanian business press (e.g., Verslo žinios), Nasdaq Baltic announcements (if applicable), and the company’s official communications.

Contact Information

Website: kaunobaldai.lt (please verify)
Email: Not publicly confirmed in accessible sources as of 2024.
Phone: Not publicly confirmed.
Registered office address: Kaunas, Lithuania (exact street address to be verified)
Customer/press inquiries: Contact forms or general email are typically listed on the official website (verify on kaunobaldai.lt).

Sources and References

Because several identifiers and contacts are not publicly confirmed in accessible sources as of 2024, please consult the following authoritative and commonly used references for Lithuanian companies:
- Registrų centras (Juridinių asmenų registras): registrucentras.lt
- Rekvizitai.lt company directory (search for “AB Kauno baldai”): rekvizitai.lt
- Company’s official website and product catalog: kaunobaldai.lt
- Nasdaq Baltic (if the company has listed securities or published announcements): nasdaqbaltic.com
- Lithuanian business press archives (Verslo žinios, Delfi Verslas, 15min Verslas): vz.lt, delfi.lt, 15min.lt

Note: Verify the company code (įmonės kodas), VAT code (PVM kodas), registered address, phone, email, executive names, and ownership through primary registry records and the company’s official disclosures.