Company overview
Basic information
Company name
PANEVĖŽIO MELIORACIJA, UAB
Company code
168565174
VAT code
LT685651716
Registered address
Panevėžio r. sav., Velžio sen., Dembavos k., Dembavos g. 32, LT-38176
Registration date
1992-12-23
Company age: 33 y. 10 mo.
Contact information
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Phone
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Email
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Website
https://www.panmelioracija.lt
Company manager
For registered members only
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Indicators
Risk factors
Activity
Legal form
Private Limited Liability Company
NACE activity
Preliminary earth moving for road building
Ownership form
Private without foreign capital
Uždaroji akcinė bendrovė "PANEVĖŽIO MELIORACIJA"
Company code: 168565174
Address: Panevėžio r. sav., Velžio sen., Dembavos k., Dembavos g. 32, LT-38176
VAT code: LT685651716
Description
This description was generated by artificial intelligence.
PANEVEŽIO MELIORACIJA, UAB (company code 168565174) is a private limited liability company registered in 1992 and currently operational. It is classified as a private company within the national private non-financial sector, with private ownership and governance described as CEO with board/council. The company is based in Dembavos k., Velžio sen., Panevežio r. sav., Panevežio apskr. Its registered activity is EVRK F.43.12.10, Preparatory excavation works for road construction.
Financially, the company reported revenue of €2.90 million in 2025, compared with €2.89 million in 2024 and €2.47 million in 2023. Net profit increased to €234.0 thousand in 2025 from €44.6 thousand in 2024, after a net loss of €177.3 thousand in 2023. The 2025 profit margin was 8.1%. Equity stood at €1.84 million and total assets at €2.12 million in 2025, with liabilities of €274.0 thousand. Revenue growth was modest year on year, but stronger over two years.
The company’s average workforce was 53 employees so far in 2026, down from 53 in 2025 and 56 in both 2023 and 2024. The average monthly wage so far in 2026 was €1,544.97, following €1,864.62 in 2025 and €1,721.53 in 2024.
Financially, the company reported revenue of €2.90 million in 2025, compared with €2.89 million in 2024 and €2.47 million in 2023. Net profit increased to €234.0 thousand in 2025 from €44.6 thousand in 2024, after a net loss of €177.3 thousand in 2023. The 2025 profit margin was 8.1%. Equity stood at €1.84 million and total assets at €2.12 million in 2025, with liabilities of €274.0 thousand. Revenue growth was modest year on year, but stronger over two years.
The company’s average workforce was 53 employees so far in 2026, down from 53 in 2025 and 56 in both 2023 and 2024. The average monthly wage so far in 2026 was €1,544.97, following €1,864.62 in 2025 and €1,721.53 in 2024.
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