Lithuanian Undiscovered Gems With Strong Fundamentals

Invalda INVL

Market Cap: €332.8m

A private equity firm specializing in investments in small and middle-market privately held companies, industry consolidation, mature, growth capital, early venture, mid venture, later stage, acquisitions, and buyouts in undervalued assets.

AB Akola Group

Market Cap: €283.2m

Through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries.

APB Apranga

Market Cap: €205.7m

Engages in the retail trade of apparel in the Baltic countries.

Rokiskio Suris

Market Cap: €143.3m

Engages in the production and sale of fermented cheese, whey, and skimmed milk powder products in Lithuania.

Telia Lietuva

Market Cap: €1.2b

Provides telecommunications, information technology (IT), and television (TV) services to business and residential customers in the Republic of Lithuania, Sweden, Norway, Finland, Estonia, and Latvia.