Akcinė bendrovė „Panevėžio statybos trestas“ (AB PST)

Akcinė bendrovė „Panevėžio statybos trestas“ (often abbreviated as AB PST) is one of Lithuania’s longest-operating general contractors and construction engineering companies. The firm specializes in complex civil, industrial, and infrastructure construction projects and is among the established players on the Lithuanian market.

Company Overview

Full legal name: Akcinė bendrovė „Panevėžio statybos trestas“
Commonly used name: AB PST
Founded: 1957 (as a construction trust; reorganized into a joint-stock company in the early 1990s)
Headquarters: Panevėžys, Lithuania
Industry sector: Construction, civil engineering, general contracting

Legal Information

Įmonės kodas (Company code): 147732969
PVM kodas (VAT code): LT477329610
Official website: www.pst.lt
Official email: pst@pst.lt (general inquiries; if unavailable, use info@pst.lt)
Registered office (buveinė): Smėlynės g. 47, LT-35104 Panevėžys, Lietuva
Main phone: +370 45 507700

Note: Some contact details such as alternative emails or additional phone lines may vary by department; the above are the most commonly referenced central contacts.

Business Operations

Main services:
- General contracting for public and private sector projects (design–build and build-only)
- Civil and industrial construction (administrative, educational, healthcare, cultural, residential, and industrial facilities)
- Infrastructure construction (roads, utilities, engineering networks)
- Renovation, modernization, and reconstruction of buildings and complexes
- Project management and site supervision

Business model: AB PST operates as a full-cycle general contractor, bidding for public and private tenders, coordinating design (in-house and partners), procurement, and construction execution. The company manages subcontractors and specialty trades, and often delivers projects under fixed-price, unit-price, or EPC-like frameworks depending on client needs and tender structure.

Market position: PST is regarded as one of Lithuania’s established construction firms with a strong presence in complex public-sector projects and large-scale civil builds. The company’s legacy, capacity to manage multi-disciplinary sites, and familiarity with public procurement processes contribute to its sustained market presence.

History

Founding and early years: Established in 1957 during the Soviet period as a regional construction trust in Panevėžys, the organization developed core competencies in large civil projects, industrial builds, and municipal infrastructure.

Transition and privatization: In the early 1990s, following Lithuanian independence and market reforms, the trust was reorganized into a joint-stock company, becoming Akcinė bendrovė „Panevėžio statybos trestas“ (AB PST). The transformation enabled the firm to participate in a competitive market economy and expand its client base.

Key milestones:
- 1990s–2000s: Expansion in public-sector contracting; modernization of internal processes and equipment.
- 2000s–2010s: Delivery of notable civic and industrial projects across Lithuania; participation in major tendered builds.
- 2020s: Portfolio focus on domestic market projects; strategic adjustments aligned with regulatory and geopolitical developments in the region.

Note: The company has delivered numerous landmark projects (civic, educational, healthcare, and sports facilities) throughout Lithuania. Detailed project lists are typically showcased on the official website and in annual reports.

Financial Information

Listing: Shares of AB PST have historically been traded on Nasdaq Vilnius (Baltic Main/Secondary lists, ticker commonly referenced as PST1L).
Revenue: The company publishes audited annual and interim financial statements. Historically, annual consolidated revenues have been in the nine-figure euro range, reflecting a sizable project portfolio. Specific figures vary year-to-year and should be verified against the latest published reports.
Funding rounds: As a long-standing public company, capital changes primarily occur through equity market mechanisms and retained earnings rather than venture-style funding rounds.
Ownership structure: Ownership is dispersed among institutional and individual shareholders, with any significant holdings disclosed per securities regulations. The latest shareholder structure should be sourced from the company’s investor relations materials and Nasdaq Vilnius disclosures.

Note: For exact current financial metrics (revenue, EBITDA, net profit, backlog), consult the most recent audited annual report and Nasdaq Vilnius issuer disclosures.

Leadership and Management

Management (Vadovai):
- Generalinis direktorius (Chief Executive Officer): Not publicly verified here; refer to the latest official disclosures.
- Finansų vadovas (Chief Financial Officer): Not publicly verified here.
- Operacijų / projektų vadovai: Not publicly verified here.

Board (Valdyba): Composition, including the Valdybos pirmininkas (Chair of the Board) and members, is subject to change and is disclosed in official filings and the issuer’s investor relations pages.

Important: Executive and board appointments change over time. Please refer to the company’s official website and Nasdaq Vilnius issuer page for the current list of executives and board members with full names and roles.

Office Locations

Registered office (HQ): Smėlynės g. 47, LT-35104 Panevėžys, Lietuva; tel. +370 45 507700

Regional offices: AB PST historically maintains operational presence in major Lithuanian cities (e.g., Vilnius, Kaunas, Klaipėda) to support project sites and client service. Exact addresses and phone numbers for current regional offices are not publicly confirmed here and should be checked on the official website or via direct inquiry.

Market Position

Competitors in Lithuania: Notable competitors include large general contractors and construction firms such as UAB YIT Lietuva, UAB Mitnija, UAB Naresta, UAB Conresta, AB Kauno tiltai (in infrastructure), and other regional contractors participating in public procurement and private development projects.

Market share: No single contractor dominates the market; share fluctuates based on tender outcomes and project cycles. PST’s share is significant within public-sector civil construction and complex builds, but exact figures are not published in a standardized format.

Competitive advantages:
- Decades-long track record and institutional know-how in complex projects
- Established public procurement expertise and compliance
- Multi-disciplinary project management and reliable subcontractor networks
- Recognizable brand and experience across Lithuania’s regions

Recent Developments

- Focus on domestic projects and alignment with national infrastructure priorities (education, healthcare, municipal, and defense-related projects).
- Adjustments in foreign market exposure consistent with evolving geopolitical conditions and sanctions regimes.
- Ongoing participation in public tenders and delivery of modernization and renovation contracts.

Note: For the latest news, project awards, and updates, consult the company’s press releases and Nasdaq Vilnius disclosures.

Contact Information

Company name: Akcinė bendrovė „Panevėžio statybos trestas“
Įmonės kodas: 147732969
PVM kodas: LT477329610
Registered office: Smėlynės g. 47, LT-35104 Panevėžys, Lietuva
Phone: +370 45 507700
Email: pst@pst.lt (general); alternative commonly used: info@pst.lt
Website: www.pst.lt

For departmental or project-specific contacts, refer to the directory on the official website or request details via the main office.

Sources and References

- Official company website: www.pst.lt (general information, services, contacts, news, and reports).
- Nasdaq Vilnius / Nasdaq Baltic issuer information (ticker commonly referenced as PST1L): market disclosures, financial statements, board and shareholder information.
- Lithuanian Company Registry (Registrų centras, JAR): legal registration details including įmonės kodas and registered office.
- Public procurement portals (CVP IS): evidence of tender participation and awards.
- Rekvizitai.lt company directory: summarized legal and contact information for AB „Panevėžio statybos trestas“.

Disclaimer: Some specific details (e.g., precise leadership names, regional office phone numbers, current revenue figures) change over time and may not be fully reflected here. Verify the latest data in official filings and the company’s investor relations materials.