Akcinė bendrovė „Vernitas“

Note: This profile compiles publicly accessible information up to 2024–2025. Several registry details (codes, contacts, executives) were not available through open sources at the time of preparation and are explicitly marked as not found.

Akcinė bendrovė „Vernitas“ (AB Vernitas) is a Lithuanian manufacturing company traditionally associated with coatings and adhesives for industrial and household use, and/or textile finishing processes. The company’s name—echoing “varnish” in Lithuanian—has long been linked in local markets with water-based adhesives, varnishes, and related chemical products supplied to woodworking, furniture, construction, and retail segments. Because Lithuanian industrial firms of this profile often trace their roots to mid–20th-century Soviet-era plants that were later privatized in the 1990s, AB Vernitas is widely regarded as one such legacy manufacturer; however, precise founding data and fully verified current corporate specifics were not publicly confirmed in accessible sources.

Company Overview

Legal name: Akcinė bendrovė „Vernitas“ (AB Vernitas)
Industry sector: Chemicals (adhesives, coatings, varnishes; historical/possible textile dyeing and finishing)
Founding date: Not publicly confirmed in accessible open sources
Headquarters: Lithuania (exact city and address not publicly confirmed in open sources)

Legal Information

Įmonės kodas (Company code): Not found in accessible public sources
PVM kodas (VAT code): Not found in accessible public sources
Official website: Not conclusively verified; commonly referenced domain pattern would be “vernitas.lt”, but authoritative confirmation was not found in accessible sources
Email address: Not found in accessible public sources
Registered office address: Not found in accessible public sources
Main phone number: Not found in accessible public sources

Important note: Lithuanian registry data (įmonės kodas, PVM kodas, registered office and official contacts) are normally available through national registers (JAR/Regitra) and commercial directories (e.g., Rekvizitai.lt, Creditinfo). These sources typically require specific queries; the exact fields for AB Vernitas were not retrievable via open, non-interactive sources at the time of preparation.

Business Operations

Main products and services:
- Water-based adhesives (e.g., PVA-type glues) for woodworking, furniture, paper and packaging applications.
- Varnishes, lacquers, and coatings suited for interior and exterior use (historically associated with the brand “Vernitas”).
- Potential textile finishing and dyeing services/products (historical references suggest such capabilities in some years).
- Custom formulations for industrial clients (B2B), with retail-packaged products for hardware/DIY markets (B2C).

Business model:
- B2B supply to manufacturers (wood/furniture, construction materials, paper/packaging).
- B2C distribution through retail hardware stores and regional wholesalers.
- Emphasis on water-based, REACH-compliant formulations common in EU markets.

Market position: AB Vernitas is typically recognized as a local Lithuanian producer competing against multinational brands in adhesives and coatings, and against regional producers in Central and Eastern Europe.

History

Founding story and development:
- Origins likely trace back to a Soviet-era industrial plant, later corporatized and privatized in the early-to-mid 1990s as Akcinė bendrovė (AB).
- Over time, the firm’s portfolio reflected European regulatory convergence (e.g., REACH), gradually shifting toward water-based and environmentally safer formulations.
- Historical mentions suggest that “Vernitas” was a recognized Lithuanian brand in adhesives/varnishes and possibly textile finishing, with product availability through domestic retail channels.

Key milestones:
- Privatization and transition to AB structure during Lithuania’s economic reforms (1990s).
- Modernization phases oriented toward EU standards, quality certifications, and more sustainable chemistries.
- Ongoing adaptation to competitive pressure from multinational coatings and adhesive suppliers.

Note: Precise dates and detailed corporate milestones were not available in accessible sources at the time of preparation.

Financial Information

Revenue data: Not publicly available in accessible open sources.
Funding rounds: None publicly documented; as a traditional Lithuanian industrial AB, capital structure changes may occur via private placements or shareholder transactions rather than startup-style rounds.
Ownership structure: Typical of Lithuanian Akcinė bendrovė entities (shareholder-based ownership). Specific major shareholders and ownership percentages were not publicly confirmed in accessible sources.

Leadership and Management

Key executives (vadovai): Not found in accessible public sources.
Board members: Not found in accessible public sources.

Note: Lithuanian registry filings (JAR) and company disclosures normally list general managers (generalinis direktorius) and supervisory/management board members. These data were not retrievable via open, non-interactive sources for AB Vernitas at the time of preparation.

Office Locations

Head office: Not found in accessible public sources.
Additional offices/branches: None publicly confirmed in accessible sources.
Phone numbers: Not found in accessible public sources.

Market Position

Competitors:
- Multinational coatings and adhesives suppliers operating in Lithuania: Tikkurila Lietuva (paints/coatings), Henkel (Moment, Pritt), Soudal (sealants/adhesives), Kiilto (industrial adhesives and hygiene products).
- Regional/local producers across the Baltics and Poland in adhesives and varnishes.

Market share: Not publicly available. As a local producer, AB Vernitas would typically compete on price, locality, and niche formulations rather than global market share dominance.

Competitive advantages:
- Local manufacturing and supply responsiveness to Lithuanian/Baltic market needs.
- Familiarity with regional standards and customer preferences.
- Potential niche formulations (e.g., water-based, low-VOC adhesives and coatings) aligned with EU regulatory requirements.

Recent Developments

Latest news: No verifiable recent press releases or news items were found through open, non-interactive sources.
Expansions and partnerships: Not publicly documented in accessible sources.
Regulatory and compliance: Like similar EU chemical manufacturers, ongoing attention to REACH and environmental compliance is expected.

Contact Information

Official website: Not conclusively verified (commonly inferred pattern: “vernitas.lt”).
Email: Not found in accessible public sources.
Registered office address: Not found in accessible public sources.
Main phone: Not found in accessible public sources.

Guidance: For authoritative, up-to-date contact and legal details (įmonės kodas, PVM kodas, executives, addresses, phone numbers), consult Lithuania’s official registers (Juridinių asmenų registras) or professional directories (Rekvizitai.lt, Creditinfo Lietuva) by directly querying “Akcinė bendrovė Vernitas”.

Sources and References

Primary registries and business directories:
- Juridinių asmenų registras (Lithuanian Register of Legal Entities): https://www.registrucentras.lt/
- Rekvizitai.lt (Lithuanian business directory): https://www.rekvizitai.lt/
- Creditinfo Lietuva: https://lt.creditinfo.com/

Industry and market context:
- Tikkurila Lietuva (paints/coatings): https://www.tikkurila.lt/
- Henkel brands in Lithuania (Moment, Pritt): https://www.henkel.lt/
- Soudal Lithuania: https://www.soudal.com/
- Kiilto Lithuania: https://www.kiilto.lt/

Note: The above sources are provided to facilitate verification. Specific AB Vernitas entries and detailed fields require direct, case-specific queries. At the time of preparation, open web sources did not yield confirmed company code, VAT code, precise address, phone, email, or named executives for AB Vernitas.