UAB "EIKA"

UAB "EIKA" is one of Lithuania’s leading real estate development companies, best known for large-scale residential and mixed-use projects in Vilnius. Established in the early 1990s by renowned Lithuanian businessman Robertas Dargis, EIKA has evolved into a vertically integrated group that develops, invests in, and manages residential and commercial properties, and, through related entities, oversees real estate investment funds.

Company Overview

Legal name: UAB "EIKA"
Founded: 1992 (historically cited as the company’s start in real estate development activity)
Headquarters: Vilnius, Lithuania
Industry sector: Real Estate Development, Construction Management, Property Investment and Asset Management
Brands and known projects: Ozo Park residential district (Vilnius), Live Square mixed-use complex with Hilton Garden Inn Vilnius City Centre, multiple multi-family residential projects across Vilnius (e.g., Pilaitė, Linkmenų area), and office/retail developments.

Legal Information

Įmonės kodas (company registration code): Not confirmed in the sources available here. For the official code, consult Lithuania’s Centre of Registers (Juridinių asmenų registras).
PVM kodas (VAT code): Not confirmed in the sources available here. Verification recommended via Registrų centras or Rekvizitai.
Official website: https://www.eika.lt
General email: info@eika.lt (commonly used format; confirm via the company’s official contacts)
Registered office address: Vilnius, Lithuania (exact street address not confirmed in the sources available here; verify via the JAR extract).
General phone: Not confirmed in the sources available here; consult the official website or registry listings for current phone numbers.

Note: Specific legal identifiers (įmonės kodas, PVM kodas), exact registered address, and phone numbers are maintained in official registries and may be updated. Always verify with Lithuania’s Centre of Registers (Registrų centras) or trusted business directories (e.g., Rekvizitai).

Business Operations

Main products/services:
- Development and sale of residential apartments and neighborhood projects in Vilnius.
- Development of mixed-use complexes, office buildings, and retail spaces.
- Hospitality development (notably the Hilton Garden Inn Vilnius City Centre within the Live Square complex).
- Property management and, through affiliated entities, real estate investment and asset management.

Business model: EIKA operates as a developer and investor across the real estate lifecycle—land acquisition, planning, design coordination, construction management, sales, leasing, and property operations. The company also collaborates with financial and institutional partners through fund structures managed by related entities to finance and hold income-producing assets.

Market position: EIKA is widely regarded as among the top real estate developers in Vilnius, competing with other leading Lithuanian developers in both residential and commercial segments. Its portfolio includes some of the capital’s most visible large-scale urban projects.

History

Founding and early years: EIKA was founded in 1992 by Robertas Dargis, who played a prominent role in Lithuania’s modern real estate sector and later served as President of the Lithuanian Confederation of Industrialists. The company began with residential development and gradually expanded into commercial projects.

Expansion and notable developments:
- 2000s–2010s: EIKA established itself through multiple residential neighborhoods in Vilnius and initiated larger, master-planned projects such as Ozo Park.
- Live Square project: A flagship mixed-use development on Gedimino Avenue in central Vilnius, incorporating offices, retail, public space, and the Hilton Garden Inn Vilnius City Centre hotel. The complex became an urban landmark and a case study in mixed-use urban revitalization.
- Fund and investment activities: The EIKA group, via related entities, launched real estate investment management operations to structure acquisitions and long-term holdings of income-generating assets.

Recent strategic direction: EIKA has continued to focus on sustainable urban development, mixed-use placemaking, residential quality, and the professionalization of property investment and management through fund vehicles.

Financial Information

Revenue and financials: As a privately held Lithuanian company, UAB "EIKA" does not routinely publish detailed consolidated revenue figures in open public sources. Annual financial statements are available via Lithuania’s Centre of Registers or trusted directories for a fee or with account access.
Funding rounds: Not applicable in the traditional venture context; development financing typically involves bank lending, pre-sales, and, for income assets, capital raised through real estate funds managed by related entities.
Ownership structure: EIKA is a privately held company historically associated with founder Robertas Dargis and his family. Precise shareholding details are recorded in the Juridinių asmenų registras (JAR) and may require official registry access.

Leadership and Management

Founder: Robertas Dargis
Chief Executive Officer / General Manager (Vadovas): Domas Dargis (widely cited as the EIKA Group’s chief executive/leader in public interviews and articles).
Head of Development (or Development Director): Martynas Žibūda (commonly referenced in Lithuanian real estate media as leading development for EIKA).
Asset Management (related entity): Mindaugas Triškinis is frequently cited as a senior executive for EIKA’s asset management operations.

Note: Exact legal titles and board composition can change and are best verified via the official EIKA website and the JAR extract. Public sources regularly reference the above executives, but formal roles should be confirmed with the company’s latest disclosures.

Office Locations

Head office: Vilnius, Lithuania.
Other offices: Not publicly confirmed in sources consulted here. EIKA primarily operates in Vilnius with project sites around the city.

Phone numbers: Not confirmed here; please refer to EIKA’s official contact page or the Lithuanian Centre of Registers for current specifics.

Market Position

Competitors: Key competitors in Lithuania’s real estate development market include Hanner, Darnu Group, Realco, YIT Lietuva, Omberg Group, and SBA’s property vehicles (among others). Competition varies by segment—residential, office, retail, and mixed-use.

Market share: Exact market share data varies by year and segment and is not published in a single open source. EIKA is consistently ranked among leading developers in Vilnius by industry media and market analyses.

Competitive advantages:
- Long-standing brand and track record in Vilnius urban development.
- Integrated capabilities across development, construction coordination, sales/leasing, and property operations.
- Experience delivering complex mixed-use projects and hospitality components.
- Access to investment capital and fund structures through related asset management entities.
- Emphasis on quality, sustainability, and placemaking in flagship projects.

Recent Developments

Projects and investments: In recent years, EIKA has continued new phases in established residential districts, initiated or completed mixed-use projects (including Live Square), and expanded fund-managed portfolios of income-generating assets (offices, hospitality, retail) through related entities.
Partnerships and hospitality: Collaboration with international hotel brands (e.g., Hilton Garden Inn) within mixed-use developments has strengthened EIKA’s profile in the hospitality segment.
Urban regeneration: Ongoing participation in Vilnius urban renewal and neighborhood-scale master planning remains central to EIKA’s strategy.

Note: For the latest project launches, acquisitions, and fund activities (e.g., EIKA Real Estate Fund initiatives), consult the company’s news releases and Lithuanian business media.

Contact Information

Website: https://www.eika.lt
Email: info@eika.lt (general inquiries; confirm via website)
Registered office address: Vilnius, Lithuania (exact street address not confirmed here; verify via JAR extract)
Phone: Not confirmed; refer to the official website’s contact page.

Important: For legal identifiers and precise contact details, check Lithuania’s Centre of Registers (Registrų centras) and trusted directories (e.g., Rekvizitai.vz.lt). Company information may change; always confirm directly with the company.

Sources and References

- EIKA official website and company materials: eika.lt
- Press coverage and industry profiles in Lithuanian business media: Verslo žinios (vz.lt), Delfi, 15min (for project announcements, leadership interviews, market analyses).
- Lithuania’s Centre of Registers (Registrų centras) – Juridinių asmenų registras (JAR) for official legal data (įmonės kodas, PVM kodas, registered address, executives): registrucentras.lt
- Rekvizitai business directory: rekvizitai.vz.lt (company listings and summary financials, contact data).
- Public project pages and hospitality brand announcements (Hilton Garden Inn Vilnius City Centre) related to EIKA’s Live Square mixed-use development.

Disclaimer: This profile is compiled from publicly available sources commonly cited in Lithuanian business contexts. Specific legal and contact details should be verified with official registry extracts or the company’s direct communications.