BNS Sprint: Wednesday's events in brief
The article discusses various significant events in Lithuania and abroad, including Ignitis Group's profit and plans to sell more shares, a check regarding the president's residence fence, and international developments such as Ukraine-US-Russia negotiations and Chancellor Scholz's visit to China.
The profit of Lithuania's energy giant, a favorite among Estonian investors, has decreased significantly
Lithuania's Ignitis Group saw a 40.7% drop in its net profit for 2025, totaling 163.9 million euros, despite strong performance in adjusted EBITDA.
Swiss "Quaero Capital" to acquire a 120 million euro stake in "Ignitis Group"
Quaero Capital is set to acquire a 49% stake in VKJ from Ignitis Group for €120 million, aligning with European Commission requirements.
Ignitis ON has opened new fast and ultra-fast chargers in Estonia
Ignitis ON has expanded the electric vehicle charging network in Estonia by launching new fast and ultra-fast chargers to alleviate charging anxiety among EV users.
In Vilnius - the scam of the decade: 130,160 euros extracted from a trusting man
A 64-year-old man in Vilnius was scammed out of 130,160 euros by individuals impersonating employees from Ignitis and a bank, as well as police officers.
Fraudsters extorted more than 130 thousand euros from a Vilnius resident
A Vilnius resident lost over 130,000 euros to fraudsters posing as representatives from 'Ignitis' and bank officials.
"Ignitis Latvia" Enters the Household Electricity Market
Lithuanian energy company Ignitis has launched electricity sales to households in Latvia, offering several new tariff plans.
Lithuania's 'Ignitis' starts electricity sales to Latvian households
Ignitis has launched personalized electricity tariffs for Latvian households, aiming to disrupt the existing energy market.