UAB Modus Grupė — Company Profile

Note: This profile has been compiled from publicly available, secondary sources up to late-2024. Where precise legal or contact details could not be verified without direct access to Lithuania’s official registries, that limitation is clearly noted.

Company Overview

Legal name: UAB "Modus Grupė"
Brand/Group name: Modus Group
Founded: 1993 (as a diversified business group; the holding company structure evolved over time)
Headquarters: Vilnius, Lithuania
Industry sectors: Diversified holding across automotive retail and distribution, mobility services, renewable energy development (solar, biogas, wind), and selected real estate/investments.

Legal Information

Įmonės kodas (company registration code): Not publicly verified in this profile. For authoritative data, consult Lithuania’s Registry of Legal Entities (Juridinių asmenų registras) or business directories (e.g., rekvizitai.lt).
PVM kodas (VAT code): Not publicly verified in this profile. See official registries for up-to-date VAT details.
Official website: https://www.modusgroup.com
Official email address: Not publicly listed on open sources reviewed; the group typically provides a contact form via its official website.
Registered office address: Vilnius, Lithuania (full street address not verified here; see official registries).
Registered office phone number: Not publicly listed on open sources reviewed; consult official registries or the group’s website contact channel.

Business Operations

Segments and activities:
- Automotive retail and distribution: Operation of franchise dealerships and aftersales services for multiple international car brands in the Baltic region (and historically in neighboring markets).
- Mobility services: Development and operation of urban mobility solutions, most notably car sharing under the CityBee brand in the Baltic states and selected foreign markets (historically including Poland).
- Renewable energy: Development, financing, construction, and operation of renewable energy assets—primarily solar PV, biogas, and wind—via its energy platform (Green Genius and related entities). Projects have been developed across Central and Eastern Europe (e.g., Lithuania, Poland) and Southern Europe (e.g., Italy, Spain), among others.
- Real estate and investments: Selective real estate development/management and corporate investments that support core businesses.

Business model:
- Automotive: Authorized dealership and service model with revenue from vehicle sales, parts, and service; brand partnerships under multi-year franchise agreements.
- Mobility: Platform-driven, asset-light to asset-heavy models depending on fleet ownership; revenue from per-use fees and subscriptions; technology-enabled operations and data-driven fleet management.
- Renewable energy: Developer-owner-operator model; revenues from long-term power purchase agreements (PPAs), merchant sales, and occasional asset rotation; capital-intensive projects often financed with project finance and green bonds.

Market position: Modus Group is widely recognized as one of Lithuania’s prominent diversified business groups. Through CityBee, it has been considered among the leading car-sharing providers in the Baltic region. Through Green Genius and affiliated energy vehicles, the group has positioned itself as a notable renewable energy developer in Central and Eastern Europe.

History

Founding and evolution:
- 1993: The origins of Modus Group date to the early 1990s in Lithuania, expanding from initial business activities into a multi-segment holding.
- 2000s: Growth in automotive retail through partnerships with international car brands; establishment of multi-dealership footprints in Lithuania and neighboring markets.
- 2010s: Launch and scaling of CityBee car-sharing, pioneering wider adoption of shared mobility in the Baltics. Parallel expansion into renewable energy development (the Green Genius platform and earlier energy entities), with early PV and biogas projects in Lithuania and Poland.
- Late 2010s–2020s: Continued scaling of renewables with larger utility-scale PV pipelines and biogas plants; mobility and automotive businesses iterated with market-entry and exits responding to demand, regulatory context, and competitive dynamics. The group increasingly utilized capital markets (e.g., bond programs) to finance growth.

Financial Information

Revenue: Consolidated revenue figures for UAB "Modus Grupė" are not publicly confirmed in the open sources consulted here. Independent media sometimes cite “hundreds of millions of euros” for group-level revenues, but authoritative figures should be sourced from audited financial statements or bond prospectuses.
Funding and capital markets: The group and/or its energy platform have repeatedly used debt financing and green/project finance structures. Modus Group has placed bonds in the Baltic market (including listings on Nasdaq First North), and the renewable energy division has executed project financings with European/international lenders for solar PV and biogas portfolios.
Ownership structure: Privately held holding company. Public sources identify the group as founder-led and privately owned; detailed shareholding breakdowns are typically available only in official filings (e.g., prospectuses or registry disclosures).

Leadership and Management

Vadovai (executives):
- Liudas Skierus — Founder and long-time senior leader (commonly referenced as Chairman/valdybos pirmininkas in public communications).
- Other group-level executives and board members are not comprehensively disclosed across open sources; the group structure includes separate leadership teams at major subsidiaries (e.g., CityBee, Green Genius). For the most accurate and current names and pareigos (positions), consult the latest official filings, annual reports, or bond prospectuses.

Office Locations

Registered headquarters: Vilnius, Lithuania (full address and direct phone not verified in this profile).
Regional presence: Operating entities and project offices have been reported in Lithuania, Latvia, Poland, and other European markets depending on business line (e.g., Green Genius development offices in CEE and Southern Europe). Precise buveinių adresai (office addresses) and phone numbers vary by subsidiary and market and are typically listed on each brand’s website.

Market Position

Automotive competitors (Lithuania/Baltics): Inchcape, Krasta Auto, Møller Auto Group, and other national franchise operators across premium and volume brands.
Mobility competitors (Baltics): Bolt Drive, Spark (EV sharing), and various city/regional car-sharing and micromobility operators.
Renewable energy competitors (CEE/Southern Europe): Ignitis Renewables, Sun Investment Group (SIG), R.Power, Photon Energy, and multiple international/IPPs depending on country segment and technology.

Competitive advantages:
- Diversified portfolio across mobility, automotive, and renewables reducing single-sector risk.
- Local knowledge and operational expertise in the Baltics and selected EU markets.
- Use of capital markets/project finance supporting scale-up in capital-intensive renewables.
- Brand partnerships in automotive and data-driven operations in mobility supporting customer acquisition and retention.

Recent Developments (up to 2024)

- Renewables: Green Genius and affiliated entities announced multiple PV project pipelines and financings in Poland and other EU markets, including PPAs and project finance packages with European banks. The platform emphasized growth in utility-scale solar and biogas, with select wind initiatives.
- Mobility: CityBee continued service optimization in the Baltics. Historical market entries/exits (e.g., Poland) were aligned with operational performance, competition, and regulatory conditions.
- Capital markets: The group maintained access to bond financing in the Baltic market, including green/bond programs supporting renewable energy expansion.

Contact Information

Corporate website: https://www.modusgroup.com
General contact: A web contact form is provided on the official site. An explicit email address and phone number for UAB "Modus Grupė" were not publicly available in the open sources consulted.
Subsidiary contacts: Each operating brand (e.g., CityBee, Green Genius) maintains separate contact channels and office details on their respective websites. For precise buveinių adresai and phone numbers, consult:
- CityBee: https://www.citybee.lt (Baltics)
- Green Genius: https://www.greengenius.eu (EU renewable energy platform)

Sources and References

- Modus Group official site: https://www.modusgroup.com (group overview, activities, business lines)
- Green Genius official site: https://www.greengenius.eu (renewables portfolio, press releases)
- CityBee official site: https://www.citybee.lt (mobility services in the Baltics)
- Nasdaq Baltic (First North) bond listings and issuer information: https://nasdaqbaltic.com
- Lithuania’s Registry of Legal Entities (Juridinių asmenų registras) via Centre of Registers: https://www.registrucentras.lt (authoritative legal data, įmonės kodas and PVM kodas)
- Business directory (for cross-verification of legal and contact details): https://www.rekvizitai.lt

Important note on legal/contact data: Precise įmonės kodas, PVM kodas, registered office address, and direct phone/email for UAB "Modus Grupė" should be confirmed via the Registry of Legal Entities or the group’s official disclosures. This profile refrains from publishing unverified specifics.