Akcinė bendrovė "LIETKABELIS" – Company Profile

Note: This profile consolidates publicly accessible information up to the latest available period. Certain legal and contact details for AB "LIETKABELIS" are not readily accessible in open sources; where exact data could not be verified, this is clearly indicated.

Company Overview

Legal name: Akcinė bendrovė "LIETKABELIS"
Industry sector: Electrical equipment manufacturing – cables and wires (low/medium voltage, building installation, control and flexible cords)
Founding date: The company traces its origins to the Soviet-era Panevėžys cable manufacturing enterprise established in the late 1950s (commonly cited circa 1958). It was reorganized into a joint-stock company (AB) during Lithuania’s privatization in the early 1990s.
Headquarters (city): Panevėžys, Lithuania

Legal Information

Juridical form: Akcinė bendrovė (AB – Joint-stock company)
Įmonės kodas (Company code): Not publicly verified in accessible open sources (see Sources).
PVM kodas (VAT code): Not publicly verified in accessible open sources (see Sources).
Official website: Not conclusively verified. Historically, company-related materials have been associated with domains such as “lietkabelis.lt” or “lietkabelis.eu”; the current official corporate domain could not be confirmed.
General email address: Not publicly verified in accessible open sources. A generic pattern (e.g., info@[official-domain]) is common, but the exact email is not confirmed.
Registered office address: The company is registered in Panevėžys, Lithuania. A full street address and postal code could not be verified from open-source records at the time of review.
Main phone number: Not publicly verified in accessible open sources.

Business Operations

Main products and services:
– Power cables and building installation wires (typically up to 1 kV), including PVC-insulated conductors and flexible cords for residential, commercial, and industrial applications.
– Control and instrumentation cables for machinery and industrial environments.
– Custom cable solutions for OEMs and project-based needs, covering various insulation materials and standards for European markets.
– Ancillary wire and cable products for telecommunications, signaling, and utilities (historically, product lines have included telephone/communication cables and specialized copper conductors).

Business model:
– B2B manufacturing and sales to wholesalers/distributors, construction firms, industrial OEMs, and public utility projects.
– Regional export within the Baltic states and select EU markets, often via distributors and tender-based procurement.

Market position:
– AB "LIETKABELIS" is recognized as one of the oldest cable and wire manufacturing entities in Lithuania, historically associated with Panevėžys’ industrial base. It competes in the low- and medium-voltage cable segments and leverages legacy manufacturing experience and regional relationships.

History

Founding and early years: The company’s roots date to the Panevėžys cable factory established in the late 1950s during the Soviet period. It became a notable local employer and a key industrial player in northern Lithuania.
Transition period: In the early 1990s, amidst national privatization, the enterprise was reorganized into Akcinė bendrovė "LIETKABELIS" (AB), adopting a joint-stock corporate structure.
Modernization: Through the 1990s and 2000s, AB "LIETKABELIS" undertook modernization of production lines, aligning products with European standards and responding to increasing demand for building installation cables, flexible cords, and control wiring.
Community presence: The company’s name is also widely recognized in the region due to historic sponsorship associations with the Panevėžys basketball club (BC Lietkabelis), reflecting its local legacy and brand visibility.

Financial Information

Revenue and financial results: Detailed revenue, profit, and turnover figures for AB "LIETKABELIS" were not publicly available in the open sources reviewed. The company does not appear to publish audited financials on a dedicated public investor site, and it is not listed on Nasdaq Vilnius (as of the latest accessible data).
Funding: No public funding rounds (venture or private equity) were identified in open directories; the company is presumed to be privately held as a joint-stock entity.
Ownership structure: Specific shareholder information (names and percentages) is not available in the open public sources consulted. Such details are typically obtainable via the Lithuanian Centre of Registers for a fee or with proper authorization.

Leadership and Management

Key executives (vadovai):
– Generalinis direktorius (CEO)/Direktorius: Not publicly verified in accessible sources.
– Gamybos vadovas (Head of Production): Not publicly verified.
– Komercijos vadovas (Head of Commercial/Sales): Not publicly verified.

Board of Directors (Valdyba): Specific board composition and members’ names could not be verified from open sources. Board data in Lithuania is generally available via official registry services (see Sources).

Office Locations

Head office (buveinė): Panevėžys, Lithuania. A detailed street address and phone number were not verifiable from open public sources at the time of review.
Additional offices: No confirmed additional office locations identified in public sources.

Market Position

Competitors (regional and international):
– Global cable manufacturers: Prysmian Group, Nexans, NKT, HELUKABEL, LEONI (for specialized/automotive cables), and other European producers.
– Regional/Baltic competition includes various importers and distributors supplying European brands, as well as smaller regional manufacturing operations.

Competitive advantages:
– Legacy presence and experience in cable manufacturing within Lithuania.
– Proximity to Baltic markets with established B2B relationships.
– Capability to provide standard low/medium-voltage building cables and flexible cords aligned with EU norms.

Market share: Specific quantified market share for AB "LIETKABELIS" is not publicly reported in accessible sources. The Lithuanian low-voltage cable market is highly competitive and fragmented, with significant import penetration from larger European manufacturers.

Recent Developments

Latest news: No verified, detailed recent news related to expansions, partnerships, or significant strategic changes was found in publicly accessible open sources as of the latest review period. The company’s activity appears steady within its established product categories; any major developments would likely be noted via official registry filings or industry press in Lithuanian.

Contact Information

Registered legal name: Akcinė bendrovė "LIETKABELIS"
Company code (Įmonės kodas): Not publicly verified.
VAT code (PVM kodas): Not publicly verified.
Head office address: Panevėžys, Lithuania (full address not verified).
Main telephone: Not publicly verified.
Email: Not publicly verified.
Website: Not conclusively verified (historically associated with domains such as lietkabelis.lt / lietkabelis.eu; current official domain not confirmed).

Sources and References

Primary registry and official data sources (Lithuania):
– Lietuvos Respublikos Registrų centras – Juridinių asmenų registras (Centre of Registers; official corporate records): www.registrucentras.lt
– JAR (Juridinių asmenų registras) self-service portals and paid extracts (for company code, VAT, address, directors, and shareholders).

Business directories and industry listings:
– Rekvizitai.lt / Rekvizitai.vz.lt business directory (search for “AB LIETKABELIS”): rekvizitai.lt and rekvizitai.vz.lt
– Industry association and EU market references for cable manufacturers (e.g., European cable and wire directories; comparative landscape for Prysmian, Nexans, NKT, HELUKABEL, LEONI).

Historical and local context:
– Panevėžys municipality and local industrial history references (press archives and publications concerning legacy factories established in the 1950s–1990s).
– Media coverage related to BC Lietkabelis sponsorship mentions, which historically associate the company name with the region (sports news archives in Lithuanian).

Important note: For the most accurate, up-to-date legal and contact information (Įmonės kodas, PVM kodas, registered address, phone, email, current executives and board), consult the Lithuanian Centre of Registers (official extracts) or the company’s verified official website. Where this profile indicates “not publicly verified,” the data was not available from open, reliable sources at the time of preparation.