AB Ignitis grupe (IGN.IL)

18.10 +0.40 (+2.26%) At close: 04:35PM BST

AB Ignitis grupe

Laisves Avenue 10
Vilnius 04215
Lithuania
370 5 278 2222
https://ignitisgrupe.lt

Sector(s): Utilities
Industry: Utilities - Diversified
Full-time employees: 4,283

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Darius Maikštenas	Chairman of the Management Board & CEO	197.59k	N/A	1970
Mr. Jonas Rimavicius	Member of the Management Board & CFO	136.1k	N/A	N/A
Dr. Zivile Skibarkiene	Member of the Management Board & Group Head of Organisational Devel.	161.33k	N/A	1976
Mr. Vidmantas Salietis	Member of the Management Board and Head of Group Commerce & Service	160.69k	N/A	1987
Mr. Mantas Mikalajunas	Member of the Management Board & Group Head of Regulated Activities	146.5k	N/A	1980
Mr. Arturas Ketlerius	Head of PR	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

AB Ignitis grupe, together with its subsidiaries, engages in the generation and distribution of electricity and heat. It operates in four segments: Green Generation, Networks, Flexible Generation, and Customers & Solutions. The company also generates renewable electricity; supplies liquefied natural gas; trades and distributes natural gas; and constructs, repairs, maintains electricity networks and related equipment, as well as connects customers to electricity networks. In addition, it is involved in the development and operation of wind projects; production of metal structures; management of real estate properties; rental, leasing, repairing, and maintenance services for vehicles; planning, optimization, forecasting, trading, brokering, and other electricity related services; and payment aggregation services. The company operates in Lithuania, Latvia, Finland, Poland, Estonia, and internationally. AB Ignitis grupe was incorporated in 2008 and is headquartered in Vilnius, Lithuania.

Corporate governance

AB Ignitis grupe’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.