Name: LITGRID AB
Core business: high voltage power transmission; management of power transmission system and development of infrastructure; electricity market development
Company registration date: November 16, 2010
Auditor: Deloitte Lietuva UAB
Date of equity listing: December 22, 2010
Market: Nasdaq Vilnius
Rimvydas Štilinis (Chairman), Nemunas Biknius, Šarūnas Nedzinskas, Algirdas Juozaponis Domas Sidaravičius
Litgrid is the Lithuanian electricity transmission system operator, managing electricity flows in Lithuania and maintaining stable operation of the national electricity system. Litgrid ensures reliable, efficient, quality, transparent and safe electricity transmission; maintains electricity generation and consumption balance and ensures trade in electricity, produced by the generators using renewable energy sources and providing public obligation services (POS).
Litgrid’s mission - transmitting electricity across European markets, creating value to the society.
Litgrid’s vision - Europe‘s smartest TSO.
Litgrid’s values are cooperation, professionalism and progress.
Litgrid is in charge of the major power transmission infrastructure projects – Synchronisation of the Lithuanian electricity network with Continental European grid.