LESTO
| LESTO AB | |
|---|---|
| legal form | Akcinė bendrovė (joint stock company) |
| ISIN | LT0000128449 |
| founding | December 27, 2010 |
| resolution | December 2015 |
| Reason for dissolution | reorganization |
| Seat |
Vilnius Lithuania
|
| management | Aidas Ignatavičius |
| Number of employees | 2,192 |
| sales | EUR 100.0 million |
| Branch | Electricity supply |
| Status: 2015 | |
The Lietuvos elektros skirstomųjų tinklų operatorius AB briefly LESTO was a Lithuanian power company based in Vilnius . Until its dissolution in 2015, it was the largest (by number of employees) Lithuanian energy company.
history
LESTO was created in December 2010 from the two Lithuanian energy companies AB " Vakarų skirstomieji tinklai " and " Rytų skirstomieji tinklai ". The assets were 5.3 mlrd. Lt (1.535 billion euros). The shareholders included UAB “ Visagino atominė elektrinė ” with 82.63% shares and E.ON Ruhrgas International GmbH with 11.76% shares. In 2015, the company was dissolved and transferred to the newly created stock company Energijos skirstymo operatorius .