Company overview
Basic information
Company name
Palanga City, UAB
Company code
300578007
VAT code
LT100002494215
Registered address
Kaunas, Maironio g. 11, LT-44298
Registration date
2006-06-22
Company age: 20 y. 3 mo.
Contact information
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Phone
Email
Presented as an image – cannot be copied
Presented as an image – cannot be copied
Website
https://www.palangacity.com
Company manager
For registered members only
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Indicators
Risk factors
Activity
Legal form
Private Limited Liability Company
NACE activity
Development of building projects
Ownership form
Private without foreign capital
UAB "Palanga City"
Company code: 300578007
Address: Kaunas, Maironio g. 11, LT-44298
VAT code: LT100002494215
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Description
This description was generated by artificial intelligence.
Palanga City, UAB (company code 300578007) is an operational private limited liability company registered in 2006. It operates as a micro-sized company in the sector of national private non-financial companies and is privately owned, with Lithuanian natural and legal persons holding more than 50% of the authorised capital and no foreign investor capital. The company is governed by a CEO with a board/council. Its main activity is Development of building projects (EVRK code M.68.12.00). The company is based in Kaunas, Maironio g. 11, LT-44298, Kaunas municipality, Kaunas County. The share capital is EUR 1.38 million.
Financially, the company generated EUR 579.0 thousand in revenue in 2025, down 13.2% year on year and well below the 2023 level. It reported a net loss of EUR 84.5 thousand in 2025, compared with a profit in both 2023 and 2024, and the net margin stood at -14.6%. At the end of 2025, equity was EUR 470.5 thousand, liabilities were EUR 1.38 million, and total assets were EUR 1.85 million. The workforce averaged 7 employees in 2025 and remained at 7 so far in 2026, while the average monthly wage was EUR 1,067.48 so far in 2026, slightly above the 2025 level.
Financially, the company generated EUR 579.0 thousand in revenue in 2025, down 13.2% year on year and well below the 2023 level. It reported a net loss of EUR 84.5 thousand in 2025, compared with a profit in both 2023 and 2024, and the net margin stood at -14.6%. At the end of 2025, equity was EUR 470.5 thousand, liabilities were EUR 1.38 million, and total assets were EUR 1.85 million. The workforce averaged 7 employees in 2025 and remained at 7 so far in 2026, while the average monthly wage was EUR 1,067.48 so far in 2026, slightly above the 2025 level.