Uždaroji akcinė bendrovė "LITESKO" – Company Profile

Uždaroji akcinė bendrovė "LITESKO" (UAB LITESKO) is a Lithuanian private limited company active in district heating (šilumos tiekimas), heat production (šilumos gamyba), and energy services (energijos paslaugos). The company is widely recognized as part of the broader Veolia energy services ecosystem in Lithuania, operating or having operated municipal heating concessions and leases in various Lithuanian cities and towns. LITESKO focuses on efficient, reliable heat supply, modernization of heating assets, and decarbonization through biomass and other cleaner fuels.

Company Overview

Legal name: Uždaroji akcinė bendrovė "LITESKO" (UAB LITESKO)
Country: Lithuania (Lietuva)
Industry sector: District heating and energy services; utility operations; ESCO-type energy efficiency projects.
Founding date: The company was established in the early 2000s as part of the development of private participation in municipal district heating; the exact official incorporation date requires verification in the Lithuanian Juridinių asmenų registras.
Headquarters: Registered office details, including the precise address, are not confirmed here; see Legal Information and Sources for verification.

Legal Information

Įmonės kodas (Company Registration Code): Not confirmed in this profile; consult Registrų centras / Juridinių asmenų registras.
PVM kodas (VAT Code): Not confirmed in this profile; typically available via official registry or tax authority records.
Official website: The company is publicly referenced under the domain likely to be "litesko.lt"; please verify the exact URL via Registrų centras, Rekvizitai.lt, or Veolia group pages.
Official email address: Not confirmed; typical formats include info@litesko.lt or administracija@litesko.lt, but exact email should be verified.
Registered office address: Not confirmed in this profile; the official registered office must be checked in Juridinių asmenų registras.
Registered office phone number: Not confirmed; verify via the official site or Rekvizitai.lt.

Note: For Lithuanian companies, the authoritative source for legal data (įmonės kodas, PVM kodas, buveinės adresas, kontaktai) is Registrų centras and/or Rekvizitai.lt. This profile does not publish unverified codes or contacts.

Business Operations

Main products/services:
- Heat production and distribution for residential, commercial, and public-sector customers via district heating networks.
- Operation and maintenance (O&M) of boiler houses, heat networks, and substations under concession or lease agreements with municipalities.
- Fuel supply management with a strong focus on biomass (medienos biokuras), natural gas, and efficiency measures.
- Energy efficiency services (ESCO), modernization of heat infrastructure, and digital monitoring.
- Customer service, metering, and billing under regulated tariffs set by the National Energy Regulatory Council (VERT).

Business model: UAB LITESKO typically operates local district heating assets via long-term concession/lease contracts with municipalities. Revenues are primarily derived from heat sales to end customers under VERT-regulated tariffs. The company invests in modernization, biomass conversion, and efficiency to reduce costs and emissions, leveraging global expertise from the Veolia group.

Market position: LITESKO is among the largest private operators in Lithuania’s district heating sector, alongside predominantly municipal suppliers (e.g., Vilniaus šilumos tinklai, AB Kauno energija). Its position is characterized by multi-municipality operations and private-sector management practices.

History

Founding and early development: LITESKO emerged in the early 2000s as part of efforts to modernize Lithuania’s district heating systems by introducing private operators into municipal heat supply. The company’s portfolio grew through concessions and leases in multiple municipalities.

Integration with international energy services: UAB LITESKO has been associated with the Dalkia/Veolia group in Lithuania, benefiting from international know-how in district energy operations. During the 2010s, Dalkia-branded entities in Lithuania rebranded to Veolia, aligning corporate identity and practices across the group.

Modernization and biomass conversion: A key milestone in LITESKO’s development has been investment in biomass-fired boilers and modernization of heating infrastructure to lower emissions and improve efficiency. Projects have included upgrades to boiler houses, network optimization, and customer substation modernization.

Portfolio evolution: Over time, the company’s municipal portfolio has evolved due to contract terms, regulatory decisions, and local policy changes, with operations in several Lithuanian cities and resorts noted publicly. The exact current portfolio and status of concessions should be confirmed on the official site or municipal announcements.

Financial Information

Revenue: As a private UAB, detailed annual revenue figures are not publicly disclosed in this profile. Revenue depends on heat volumes, regulated tariffs, and fuel costs. Indicative financials can be found in audited reports accessible via Registrų centras or Rekvizitai.lt (if published) and in VERT sectoral reports.

Funding/Investment: No public venture-style funding rounds are typical for regulated utility operations. Investment is ongoing in modernization and biomass conversion, often supported by internal financing, bank loans, and, where applicable, EU structural funds or municipal frameworks.

Ownership structure: UAB LITESKO is widely referenced as part of the Veolia energy services ecosystem in Lithuania. Precise shareholding and ultimate beneficial owner (UBO) details should be confirmed via Registrų centras and Veolia’s corporate disclosures.

Leadership and Management (Vadovai)

Key executives (full names and positions): Specific, current executive names and roles (e.g., General Director/CEO, Technical Director, CFO) are not confirmed in this profile. Lithuanian company governance data (pareigos) should be verified in Juridinių asmenų registras or the official website.

Board members: Many Lithuanian UABs operate without a formal supervisory board, relying on the general meeting of shareholders and appointed directors. Any existing board or supervisory body composition should be verified via official filings.

Office Locations (Buveinių adresai)

LITESKO has been publicly associated with operations in multiple municipalities in Lithuania through concessions/leases of heating assets. Historical mentions include operations in cities/towns such as Alytus, Druskininkai, Marijampolė, and others. The exact, current list of office locations, their addresses, and phone numbers should be confirmed on the official website and municipal notices.

All office addresses with phone numbers: Not confirmed in this profile. For accurate, up-to-date contact points per municipality, consult the official site and local customer service pages.

Market Position

Competitors: Primary competition comes from municipal district heating companies and regional utilities, including Vilniaus šilumos tinklai (Vilnius), AB Kauno energija (Kaunas), and other municipal suppliers. Private operators exist but are fewer; the sector is largely public-utility oriented.

Market share: District heating in Lithuania is dominated by municipal operators; LITESKO is one of the notable private participants. Precise market share data varies year to year and should be sourced from VERT sector reports.

Competitive advantages: Operational expertise from the Veolia group; experience in biomass conversion and energy efficiency; professional asset management; digital monitoring; customer service practices; and ability to mobilize investment for modernization and decarbonization.

Recent Developments

Decarbonization and modernization: Sector-wide initiatives include converting to biomass, optimizing networks, installing modern substations, and implementing digital tools for monitoring and efficiency. LITESKO has been aligned with these trends in Lithuania.

Regulatory updates: Ongoing changes from VERT and national energy policy affect tariffs, investment incentives, and environmental requirements, with utilities adapting operations accordingly.

Contracts and portfolio changes: Municipal decisions and concession timelines may lead to changes in operational territories or responsibilities over time. Verify current developments via municipal announcements and the company’s official communications.

Contact Information

Official website: Likely "litesko.lt" (to be verified).
Email: Not confirmed; typical formats include info@litesko.lt (verify).
Registered office address: Not confirmed in this profile.
Phone: Not confirmed; contact numbers for each local office are usually listed on the official website or municipal customer service channels.

Important: For precise contact details (including emails and phone numbers per city), consult the official website and public registries.

Sources and References

Because this profile avoids publishing unverified identifiers, please refer to the following authoritative and sector-specific sources to confirm legal and contact information, executive names, and current operational portfolio:

- Registrų centras (Juridinių asmenų registras) – official corporate register for Lithuania; provides įmonės kodas, PVM kodas, registered office, and governance filings.
- Rekvizitai.lt – Lithuanian business directory aggregating legal and financial summaries about companies.
- National Energy Regulatory Council (VERT) – publishes sectoral reports, tariff information, and regulatory updates for district heating.
- Veolia Lietuva corporate communications – for ownership context and group-level disclosures.
- Municipal websites and public notices (Alytus, Druskininkai, Marijampolė, etc.) – for local concession/lease information, customer service contacts, and network updates.
- Lithuanian business and energy media (e.g., 15min.lt, Delfi.lt, Verslo žinios) – for news on sector developments, investments, and contract changes.

Note: When preparing formal documentation or conducting due diligence, always cross-check the latest filings and official announcements, as district heating concessions and corporate details can evolve.