Company overview
Basic information
Company name
Eltel Networks, UAB
Company code
110011925
VAT code
LT100119219
Registered address
Vilnius, Vilkpėdės g. 4, LT-03151
Registration date
1991-05-17
Company age: 35 y. 4 mo.
Contact information
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Phone
Email
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Presented as an image – cannot be copied
Website
https://www.eltelnetworks.com
Company manager
For registered members only
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Indicators
Risk factors
Activity
Legal form
Private Limited Liability Company
NACE activity
Construction of utility projects for electricity and telecommunications
Sector
Užsienio subjektų kontroliuojamos ne finansų bendrovės
Ownership form
Private foreign capital
UAB "Eltel Networks"
Company code: 110011925
Address: Vilnius, Vilkpėdės g. 4, LT-03151
VAT code: LT100119219
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Description
This description was generated by artificial intelligence.
Eltel Networks, UAB (company code 110011925) is an operational private limited liability company registered in 1991. It is a medium-sized private business controlled by foreign entities, with governance structured as a CEO with board/council. The company operates in Vilnius, at Vilkpedes g. 4, Vilniaus m. sav., Vilniaus apskr. Its main activity under EVRK code F.42.22.00 is the construction of utility projects for electricity and telecommunications.
In financial year 2025, the company recorded revenue of €9.35M, down 12.9% year on year and 35.5% over two years. It posted a net loss of €724.2K, corresponding to a profit margin of -7.7%. Equity stood at €3.25M, liabilities at €1.24M, and total assets at €4.35M. The balance sheet remained equity-heavy, with an equity ratio of 74.8%.
Staff numbers continued to decline, with an average of 143 employees so far in 2026, compared with 153 in 2025. The average monthly wage was €2,616.42 so far in 2026, slightly below 2025 but above 2023 and 2024 levels. Estimated annual payroll was €4.49M.
In financial year 2025, the company recorded revenue of €9.35M, down 12.9% year on year and 35.5% over two years. It posted a net loss of €724.2K, corresponding to a profit margin of -7.7%. Equity stood at €3.25M, liabilities at €1.24M, and total assets at €4.35M. The balance sheet remained equity-heavy, with an equity ratio of 74.8%.
Staff numbers continued to decline, with an average of 143 employees so far in 2026, compared with 153 in 2025. The average monthly wage was €2,616.42 so far in 2026, slightly below 2025 but above 2023 and 2024 levels. Estimated annual payroll was €4.49M.