UAB „Lietuvos monetų kalykla“

UAB „Lietuvos monetų kalykla“ (Lithuanian Mint) is the national mint of Lithuania. It designs, strikes, and finishes circulation and collector coins, medals, and related numismatic products, and provides minting and finishing services to public institutions and private clients.

Company Overview

Legal name: UAB „Lietuvos monetų kalykla“
Trade name (English): Lithuanian Mint
Founded: The mint’s operations in modern Lithuania date to the 1990s; precise legal incorporation date as a UAB is not publicly confirmed in sources consulted.
Headquarters: Vilnius, Lithuania (exact street address listed below if available)
Industry sector: Minting and metal product manufacturing (coins, medals, numismatics)
Ownership: Commonly described as state-owned/controlled via the Bank of Lithuania; specific shareholding details are summarized below.

Legal Information

Įmonės kodas (company registration code): Not publicly confirmed in the sources consulted (see “Sources and References”).
PVM mokėtojo kodas (VAT code): Not publicly confirmed in the sources consulted.
Official website: Public sources indicate an official web presence; however, the exact canonical URL could not be conclusively verified in the sources consulted. Commonly referenced domains for the Lithuanian Mint include “lmk.lt” and “lithuanian-mint.lt”; please verify via the Bank of Lithuania or the Lithuanian Legal Entities Register.
Official email address: Not publicly confirmed in the sources consulted.
Registered office address: Vilnius, Lithuania. Exact street address and postal code not conclusively verified in the sources consulted.
Phone number: Not publicly confirmed in the sources consulted.

Note: Precise registration and contact details are typically available in the Juridinių asmenų registras (Register of Legal Entities) or reputable Lithuanian company directories (e.g., Rekvizitai.lt). See “Sources and References.”

Business Operations

Main products and services:
- Design and production of circulation coins and collector coins (including proof and special finishes).
- Minting of medals, tokens, and commemorative pieces.
- Numismatic product development, packaging, and finishing services.
- Custom minting services for institutions, businesses, and events (design, die-making, minting, finishing, packaging).

Business model: The mint operates both as a strategic national capability for the issuance of coins (working with the Bank of Lithuania) and as a commercial mint offering minting and finishing services to domestic and international clients. Revenues typically derive from minting contracts, sales of numismatic products, and service fees.

Market position: Lithuanian Mint is a specialized, relatively small European mint focused on high-quality numismatic production and select circulation coin projects. It competes in the niche of small-to-medium series, customized products, and commemorative issues.

History

Origins: After the restoration of Lithuania’s independence (1990), the country reestablished national monetary systems, culminating in the issuance of the Lithuanian litas. During this period, the minting capability was developed and formalized under the Lithuanian Mint entity to support coin production and numismatic initiatives.

Key milestones:
- 1990s: Establishment of minting capacities and production of Lithuanian coins and medals.
- 2000s: Expansion of numismatic and commemorative coin programs; development of in-house design and finishing expertise.
- 2015: Lithuania’s adoption of the euro. Post-euro adoption, the mint continued to produce collector and commemorative coins, medals, and specialty items in coordination with the Bank of Lithuania and other clients.
- 2010s–2020s: Continued modernization of equipment and processes, and participation in international minting projects on a contract basis.

Note: Specific dates for corporate reorganization and the legal form “UAB” may be traceable in the Legal Entities Register; comprehensive public timelines vary by source.

Financial Information

Revenue data: Not publicly disclosed in the sources consulted. As a mint operating in conjunction with a central bank, detailed financial statements may be limited or published in aggregate within public sector reporting.
Funding rounds: Not applicable; the entity functions as a state-owned/controlled company rather than a venture-funded enterprise.
Ownership structure: Widely reported as under the ownership/control of the Bank of Lithuania (Lietuvos bankas). The exact shareholding percentages and legal ownership documents should be verified in official registries (see “Sources and References”).

Leadership and Management

Key executives (vadovai): Full names and current positions were not conclusively verified in the sources consulted. Typical roles at the mint include General Director/CEO (generalinis direktorius), Production/Operations Director, Finance Director, and Heads of Design/Technology.
Board members: Not publicly confirmed in sources consulted. For current governance information, consult the Legal Entities Register or official disclosures by the Bank of Lithuania.

Office Locations

Primary location: Vilnius, Lithuania (production and administrative facilities). Exact address and phone number were not conclusively verified in the sources consulted.
Additional offices: No additional offices were confirmed. The Lithuanian Mint typically operates from a single production site in Vilnius.

Market Position

Competitors: Other European and international mints that provide circulation and commemorative coinage services, such as Mint of Finland, Mennica Polska (Polish Mint), The Royal Mint (UK), Monnaie de Paris (France), and others.
Market share: Not publicly disclosed. Lithuanian Mint is a niche player compared to large international mints.
Competitive advantages: National mint status; ability to deliver specialized, small-to-medium series with high-quality finishes; integrated design and minting capabilities; alignment with the Bank of Lithuania for national coin programs.

Recent Developments

Latest news: Public reporting often highlights new commemorative and collector coin issues coordinated with the Bank of Lithuania, ongoing modernization of minting processes, and limited export contracts for medals or specialty minting. Specific recent press releases or partnerships were not conclusively verified in the sources consulted.

Contact Information

Website: Commonly cited as “lmk.lt” or “lithuanian-mint.lt”; exact canonical URL should be verified.
Email: Not conclusively verified in sources consulted.
Phone: Not conclusively verified in sources consulted.
Registered office (buveinės adresas): Vilnius, Lithuania; exact street address not confirmed in sources consulted.

For accurate, up-to-date contact information, consult the Legal Entities Register (Juridinių asmenų registras), Rekvizitai.lt, or the Bank of Lithuania’s directory.

Sources and References

- Bank of Lithuania (Lietuvos bankas) – public information on coin issues and institutional ownership of the mint.
- Lithuanian Mint official website – corporate and product information (commonly referenced domains: lmk.lt, lithuanian-mint.lt).
- Juridinių asmenų registras (JAR) – Lithuanian Register of Legal Entities (for company code, VAT code, registered address, executives).
- Rekvizitai.lt – Lithuanian company directory (for company registration details and contacts).
- Press releases and public announcements related to commemorative coin issues and minting programs in Lithuania.

Note: Where specific data points (įmonės kodas, PVM kodas, exact address, phone, named executives) are required, the most reliable sources are the official Legal Entities Register (JAR) and the mint’s canonical website. These details should be verified directly due to variations in third-party listings and potential updates over time.