As of March 10, 2024, AB IGNITIS GRUPE is the most valuable company in Lithuania, with a market cap of $1.49 billion. Following it are TELIA LIETUVA ($1.08 billion) and ENERGIJOS SKIRSTYMO OPERATORIUS ($884 million). Lithuania’s top five most valuable companies include some of the world’s most renowned brands: AB SIAULIU BANKAS (No. 4, $515 million) and LIETUVOS ENERGIJOS GAMYBA (No. 5, $469 million).
Overall, among Lithuania’s largest companies by market capitalization, the sixth, seventh, eighth, and ninth positions are held by LITGRID, AB AMBER GRID, APB APRANGA, and AB AKOLA GROUP.
Which one is the most valuable in Lithuania by market cap?
This list comprises the biggest companies currently in Lithuania by market cap in 2024:
Lithuania’s Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPTIAL (USD DOLLAR) | CEO |
|---|---|---|---|
| 1 | AB IGNITIS GRUPE | $1.49 billion | Darius Maikštėnas |
| 2 | TELIA LIETUVA, AB | $1.08 billion | Dan Strömberg |
| 3 | ENERGIJOS SKIRSTYMO OPERATORIUS | $0.884 billion | Mindaugas Keizeris |
| 4 | AB SIAULIU BANKAS | $0.515 billion | Vytautas Siniu |
| 5 | LIETUVOS ENERGIJOS GAMYBA AB | $0.469 billion | Rimgaudas Kalvaitis |
| 6 | LITGRID AB | $0.373 billion | Rokas Masiulis |
| 7 | AB AMBER GRID | $0.213 billion | Nemunas Biknius |
| 8 | APB APRANGA | $0.181 billion | Darius Zubas |
| 9 | AB AKOLA GROUP | $0.179 billion | Rimantas Perveneckas |
| 10 | INVALDA INVL, AB | $0.163 billion | Darius Šulnis |
| 11 | GRIGEO AB | $0.162 billion | Tomas Jozonis |
| 12 | ROKISKIO SURIS AB | $0.113 billion | Dalius Trumpa |
| 13 | SC KN ENERGIES | $0.095 billion | Darius Šilenskis |
| 14 | AB ZEMAITIJOS PIENAS | $0.078 billion | Robertas Pazemeckas |
| 15 | AUGA GROUP AB | $0.076 billion | Kęstutis Juščius |
| 16 | AB PIENO ZVAIGZDES | $0.071 billion | Aleksandr Smagin |
| 17 | AB VILKYSKIU PIENINE | $0.069 billion | Gintaras Bertašius |
| 18 | AB KAUNO ENERGIJA | $0.044 billion | Tomas Garasimavicius |
| 19 | VILNIAUS BALDAI AB | $0.033 billion | Rimantas Vaitkus |
| 20 | NOVATURAS AB | $0.027 billion | Audronė Keinytė |
| 21 | INVL TECHNOLOGY UTIB | $0.024 billion | Paulius Žurauskas |
| 22 | AB INVL BALTIC FARMLAND | $0.022 billion | Alvydas Banys |
| 23 | AB EAST WEST AGRO | $0.019 billion | Gediminas Kvietkauskas |
| 24 | SPECIAL CLOSED-ENDED TYPE REAL ESTATE INVESTMENT COMPANY INVL BALTIC REAL ESTATE | $0.018 billion | Laura Križinauskiene |
| 25 | NEO FINANCE, AB | $0.010 billion | Evaldas Remeikis |
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