"Vilniaus šilumos tinklai" is the largest supplier of heat and hot water in Lithuania, serving more than 210,000 households and business entities in the capital. Operating a heating network with a total length of more than 750 kilometers, we heat up to 20 million square meters every year. m. area. Our company is guided by two core values - the courage to act and we care about the world. Our courage to act is best exemplified by dispatch operators who tirelessly worked 14-day shifts during the COVID-19 pandemic. Our approach to the planet is demonstrated by our determination to gradually transition to 100% renewable energy systems, some of which we will build ourselves if necessary. Following a successful initial public offering organized by industry peers Ignitis, we will aim to meet Nasdaq listing standards. We believe that our move to the stock exchange could strengthen the growing capital market of the Baltic countries. Currently, most of the shares of Vilnius heat networks (99.6%) belong to Vilnius city municipality.
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