LIETUVOS INOVACIJŲ CENTRAS, VšĮ

Company age: 30 y. 8 mo.

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Company overview

Company name LIETUVOS INOVACIJŲ CENTRAS, VšĮ
Company code 110066875
VAT code LT100668716
Registered address Vilnius, Mokslininkų g. 2, LT-08412
Registration date 1996-02-01 Company age: 30 y. 8 mo.
Phone Phone
Email Email
Company manager For registered members only Log in
Revenue (2025) 10,876,773 € +380% History
Profit (2025) 1,346 € -77% History
Number of employees 49 History
Average salary 4386 € History
Managed vehicles 0
Employee turnover rate 42,6 % History
Current SODRA debt No debt Read more
Days of debt to SODRA per year 1 days
Current VMI debt No debt Read more
Financial statements All submitted
Court cases 2 List
Legal form Public Institution
NACE activity Legal activities
Sector Centrinė valdžia (išskyrus socialinės apsaugos fondus)
Ownership form Public without foreign capital
Beneficiary of support Yes, since 2008-05-09
Managed brands 1 List
Public procurement value, last 12 months 839,181 € List
Public sales amount, last 12 mos. 47,069 € List

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Description

This description was generated by artificial intelligence.
LIETUVOS INOVACIJU CENTRAS, VšI (company code 110066875) is an operational public institution registered on 1 February 1996. It is classified as a public entity with public ownership, operating in the central government sector excluding social security funds, and is managed under a CEO with a board or council. The company is based in Vilnius, Mokslininku g. 2, LT-08412, Vilniaus m. municipality, Vilniaus county. Its registered activity under EVRK code N.69.10.00 is legal activities.

In financial year 2025, the company reported revenue of €10.88M, up 379.6% year on year from €2.27M in 2024. Net profit for 2025 was €1.3K, following €5.9K in 2024, indicating that profitability remained very limited despite the sharp increase in turnover. At year-end 2025, equity stood at €252.8K and liabilities at €142.5K, with total assets of €4.71M. The company’s latest reported profitability ratios were modest, with a profit margin of 0.0%.

Average employment increased from 28 in 2023 to 41 in 2025, and reached 43 so far in 2026. The average monthly wage was €3,998.88 so far in 2026, down 3.3% from 2025. Estimated annual payroll for the latest staff year was €2.06M.