K. Vaitiekūnas responds to the sale of part of the Vilnius cogeneration plant
Lithuanian Finance Minister K. Vaitiekūnas addressed the recent sale of shares from the Vilnius cogeneration plant during a government hour in the Seimas, asserting the sale aligned with commitments to the European Commission and emphasizing confidence in the company unless proven otherwise.
Mentioned plans to return "Ignitis group" shares to the state: "I would doubt it"
A. Sysas expressed skepticism about the feasibility of returning shares of "Ignitis group" to the state in the near future, questioning the benefits for consumers.
Ministry: Expect Competitive Prices, Efficient Management, and Data Centers from 'Ignitis Group'
The Lithuanian Finance Ministry expects 'Ignitis Group' to explore growth opportunities in green energy while ensuring competitive pricing and efficient management.
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.