AB Ignitis grupe, together with its subsidiaries, engages in the generation and distribution of electricity and heat in Lithuania, Poland, Latvia, Finland, Estonia, and internationally. The company operates through Green Capacities, Networks, Reserve Capacities, and Customers & Solutions segments. It develops, operates, and supervises renewable energy projects, including wind energy; generates renewable electricity; operates wind farms; develops and operates cogeneration power plant projects; produces electricity and heat from waste; trades in electricity; and trades in, distributes, and supplies natural gas, including liquefied natural gas. The company also engages in the isolated operation of power system and capacity reserve; and electricity transmission, as well as connections and upgrades activities. In addition, it is involved in the shared business support business; planning, optimization, forecasting, trading, brokering, and other electricity related activities; and vehicle rental, leasing, repair, maintenance, renewal, service, and payment aggregation operations. The company was incorporated in 2008 and is headquartered in Vilnius, Lithuania.
Lithuanian Market Performance
7D7 Days: -0.05%
3M3 Months: -2.4%
1Y1 Year: 15.9%
YTDYear to Date: 6.7%
The market has been flat over the last week. Meanwhile, the market is actually up 16% over the past year. As for the next few years, earnings are expected to grow by 7.6% per annum. Market details ›
This week, we are weighing up the potential productivity gains vs job losses and economic disruption that the global economy could face over the next decade and beyond.