Uždaroji akcinė bendrovė "KAROLINOS TURAS" — Company Profile

Note: This profile consolidates publicly available information on UAB "KAROLINOS TURAS". Where specific data could not be verified from authoritative public registries at the time of preparation, this is clearly indicated.

Company Overview

Legal name: Uždaroji akcinė bendrovė "KAROLINOS TURAS" (UAB "KAROLINOS TURAS")
Industry sector: Hospitality, travel and events (hotel, conference and leisure services)
Headquarters: Vilnius, Lithuania (the company is widely associated with the Karolina Park Hotel & Conference Centre at Sausio 13-osios g. 2, LT‑04343, Vilnius)
Founding date: Not publicly confirmed in accessible sources; the business activity associated with the Karolina hotel complex dates back to the early 1990s in the post‑independence period.

Legal Information

Įmonės kodas (company code): Not publicly confirmed in accessible sources at the time of writing. Consult Registrų centras (Juridinių asmenų registras, JAR) for authoritative data.
PVM kodas (VAT code): Not publicly confirmed in accessible sources at the time of writing. Verification can be performed via the VMI VAT registry.
Official website: www.karolina.lt (the corporate and service site for Karolina Park Hotel & Conference Centre)
Email address: Not explicitly listed in accessible sources. Contact typically facilitated via the website’s contact/booking channels.
Registered office address: Sausio 13‑osios g. 2, LT‑04343, Vilnius, Lithuania (commonly referenced as the Karolina Park Hotel & Conference Centre complex)
Phone number (registered office): Not publicly confirmed in accessible sources at the time of writing.

Business Operations

Main products/services:
- Hotel accommodation (Karolina Park Hotel)
- Conference and event venue services (meeting rooms, conference halls)
- Leisure services associated with the hotel complex (e.g., restaurant/catering; historically, bowling and other recreational amenities have been part of the Karolina complex)
- Corporate and social event hosting (conferences, seminars, weddings, receptions)

Business model: Service‑based revenue from lodging, events/conferences, catering/banqueting, and leisure amenities within a single hospitality complex. Corporate clients and event organizers constitute a significant portion of demand, alongside leisure and group travelers.

Market position: Known in Vilnius for a large, multi‑functional hotel and conference complex in the Karoliniškės area near the Vilnius TV Tower. The facility’s scale and event capacity position it among established conference‑capable hotels in the city.

History

Founding story and development: The Karolina hotel complex has roots in the late Soviet era and transitioned into privately operated hospitality services in the early 1990s. UAB "KAROLINOS TURAS" is associated with operating and developing the Karolina Park Hotel & Conference Centre in Vilnius. Over time, the complex has emphasized conference and event hosting alongside standard hotel services.

Key milestones:
- Post‑independence establishment of commercial hospitality services in the Karolina complex (early 1990s)
- Expansion and formalization of conference/event offerings as Vilnius grew its business tourism profile
- Periodic renovations and service upgrades (typical of hotel operations) to maintain competitiveness

Note: Specific dated milestones, corporate restructurings, or rebrandings were not confirmed in the accessible sources at the time of preparation.

Financial Information

Revenue: Not publicly disclosed; as a private limited liability company (UAB), detailed financial statements are not routinely published.
Funding rounds: Not applicable/none publicly reported; traditional hospitality operations in Lithuania typically rely on internal financing, bank lending, and reinvested earnings rather than venture funding.
Ownership structure: Not publicly detailed in accessible sources; ownership records can be verified via Registrų centras (JAR).

Leadership and Management

Executives (vadovai): Not publicly listed in accessible sources at the time of writing. The position of General Manager/Director (Direktorius) exists in standard Lithuanian UAB governance, but specific names could not be confirmed without registry access.
Board members: Not publicly listed in accessible sources.

Office Locations

Primary location (buveinė):
Sausio 13‑osios g. 2, LT‑04343, Vilnius, Lithuania
Phone: Not publicly confirmed in accessible sources at the time of writing.

No other offices were identified in accessible sources; the business appears to be concentrated in the Vilnius hospitality complex.

Market Position

Competitors (Vilnius hotels with conference capabilities):
- Radisson Blu Hotel Lietuva
- Crowne Plaza Vilnius (IHG)
- Holiday Inn Vilnius (IHG)
- Vilnius Grand Resort
- Other independent hotels and event venues offering conference and banquet services

Competitive advantages:
- Large, integrated facility with accommodation, multiple event spaces, and on‑site catering in one location
- Proximity to Vilnius TV Tower and green areas in Karoliniškės, providing distinctive setting for events
- Longstanding presence in the local market with experience in hosting conferences and group events

Market share: Not publicly quantified. The hospitality market in Vilnius is competitive and fragmented among international chains and independent properties.

Recent Developments

No verifiable recent news, expansions, or partnerships were identified in accessible sources at the time of preparation. Routine operational updates (e.g., renovations, event calendars) are typically communicated via the company’s website and social channels.

Contact Information

Company name: UAB "KAROLINOS TURAS"
Address: Sausio 13‑osios g. 2, LT‑04343, Vilnius, Lithuania
Website: www.karolina.lt
Email: Not publicly confirmed; inquiries generally via website contact forms or booking channels
Phone: Not publicly confirmed in accessible sources

Sources and References

Primary sources:
- Company’s service website: www.karolina.lt (Karolina Park Hotel & Conference Centre information)
- Registrų centras, Juridinių asmenų registras (JAR) — for legal entity verification (įmonės kodas, registered office, leadership)
- Valstybinė mokesčių inspekcija (VMI) — PVM mokėtojų registras (VAT code verification)
- Rekvizitai/rekvizitai.vz.lt — Lithuanian business directories summarizing company data

Prepared as of 2026‑01, based on publicly accessible secondary sources. For definitive legal and financial records, consult the official registries referenced above.