Lietuvos energija

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Lietuvos energija

logo
legal form Akcinė bendrovė
ISIN LT0000128571
founding 1991
Seat LithuaniaLithuania Vilnius , Lithuania
management Aloyzas Koryzna ( CEO )
Number of employees 1,227 (December 2009)
sales 1,095.8 million euros (2015)
Branch energy
Website Le.lt

Lietuvos energija is a state-controlled energy supplier in Lithuania . It is 100% owned by the Leo LT energy holding company . The company holds the monopoly on electricity trading and has a state mandate to ensure a stable electricity supply in Lithuania. Lietuvos energija buys and sells electrical energy from / to domestic and foreign producers and takes care of the distribution of electricity via the high-voltage network (110 kV / 330 kV) it controls. The company is listed on the Vilnius Stock Exchange. It has 1,200 employees (as of the end of 2009). Aloyzas Koryzna has been the chairman of the board since June 23, 2009, succeeding Darius Masionis (since July 8, 2008) and previously Rymantas Juozaitis , who had led the fortunes of Lietuvos energija since the restructuring at the beginning of 2002 and when Leo LT was founded there for CEO had been appointed.

history

Lietuvos energija was founded after the end of the Soviet Union on the basis of the existing infrastructure as a state energy supplier. In 1999, as part of the privatization of the energy markets, the communal district heating networks and district heating generation were sold, followed by partial privatization through the sale of shares. At the end of 2000, the Swedish energy supplier Vattenfall had acquired an 11% stake, the rest was held by the Lithuanian state (86%) and Lithuanian municipalities (3%). Vattenfall sold its stake in 2001 to the German E.ON Ruhrgas . In 2000 there were 11,518 employees in the group.

In a further privatization step in November 2000, the final distribution networks were grouped into separate companies, namely the company Vakarų skirstomieji tinklai (VST) for the west of the country and Rytų skirstomieji tinklai (RST) for the east / south . Both companies were spun off at the end of 2001 and registered as independent companies on December 31, 2001, as were the Lietuvos elektrinė and Mažeikių elektrinė power plants, which had been owned by Lietuvos energija until then . As part of a streamlining of the investments, E.on Ruhrgas exchanged its shares in Lietuvos energija and Lietuvos elektrinė for shares in RST and VST in the summer of 2002. Lietuvos energija was 100% publicly owned.

In order to have a financially strong, state-controlled company for the construction of a new nuclear power plant after the Ignalina nuclear power plant was closed at the end of 2009, the Lithuanian government decided in summer 2007 to merge the final distribution networks with Lietuvos energija. In April 2008, the national energy supplier Leo LT was formed from the companies RST, VST and Lietuvos energija and the shares of Lietuvos energija were transferred to its ownership. As part of this merger , the energy producers Kauno hidroelektinė (hydroelectric power plant in Kaunas ) and Kruonio hidroakumuliacinė elektrinė (pumped storage power plant in Kruonis ) were spun off from Lietuvos energija and established as their own, 100% state-owned company.

The company used to have its own training center for energy economists . It was sold.

business development

Since the restructuring at the turn of the year 2001/2002, the business has remained relatively stable. The annual turnover is between 900 million and 1.2 billion litas (around 260-350 million euros). The number of employees is also fairly constant at 1,150.

Web links

Individual evidence

  1. Lietuvos energija: Financial statements 2009. (PDF) (No longer available online.) Formerly in the original ; Retrieved July 18, 2010 (English).  ( Page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.@1@ 2Template: Dead Link / www.lpc.lt  
  2. Appointment of Aloyzas Koryzna as the new CEO of Lietuvos energija, with a short biography, message on delfi.lt, June 23, 2009 (lit.)
  3. Statistics ( Memento of the original from August 8, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / archyvas.vz.lt