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 β¬120 million, aligning with European Commission requirements.