Revenue
€113,902,000
2024 · latest filed year
Employees
283
2026-06
Average wage
€1,997
monthly, before tax
Tax arrears
No recorded arrears
No data
Company overview
AI researchA source-linked overview of the company's activities based on public information.
Baltik vairas is a full-service private-label bicycle manufacturer in Šiauliai. It develops, designs, paints and assembles electric, pedal and cargo bicycles, manages component sourcing and quality assurance, and exports its output to Western Europe.
Primary activity
Products and services
Markets
Sources
Researched: 23 August 2026 · Confidence: High · This overview was prepared by AI. Verify important claims with the linked primary sources.
Registry information
- Company code
- 110599930
- Legal form
- Private Limited Liability Company
- Status
- No legal proceedings
- Registered
- 7 March 1994
- Municipality
- Šiaulių miesto
- Registered office
- Šiauliai, Pramonės g. 3, LT-78137
- Office registered since
- 28 June 2004
- Office data updated
- 7 August 2026
Insolvency proceedings
Official AVNT company bankruptcy and restructuring data. Administrator identities and contact details are not shown.
- Active proceeding
- No
- Proceedings on record
- 0
VAT information
- VAT registered
- Yes
- VAT number
- LT105999314
- VAT registered on
- 1 May 1994
- Of which overdue
- €0
Primary activity
- EVRK code
- 309200
- Primary activity
- Not provided
- Employees
- 283 (2026-06)
- Average wage
- €1,997
Participant structure
Only aggregate participant counts are published, without personal data.
- Total participants
- 1
- Lithuanian natural persons
- 0
- Lithuanian legal persons
- 1
- Foreign natural persons
- 0
- Foreign legal persons
- 0
- Has foreign participants
- No
Online presence
A website and its published information are shown only after its link to the legal entity is verified.
- Company website
- baltikvairas.lt
- Verification status
- Verified
- Verified on
- 8 August 2026
- Website title
- Largest OEM Bike Manufacturer in Northern Europe | Baltik vairas
- Description published by the website
- Take your bicycle brand to mass production with Baltik vairas. Benefit from our strong European presence, export connections and strategic location in the EU.
- Organization profiles
- Website information updated
- 8 August 2026
Tax and public procurement
A summary of taxes paid from VMI and contracts published by the Public Procurement Office.
- Taxes paid year to date
- €239,131
- Reporting period
- June 2026
- Public contracts
- 6
- Total contract value
- €344,980
- Latest contract
- 20 April 2023
Licences and permits
Currently valid documents from the official Licences Information System.
- Open source
Leidimas įrengti išorinę reklamą
Document No. RLR-7661Valid from: 13 January 2026Valid until: 12 January 2036 - Open source
Įstaigos asmens sveikatos priežiūros licencija
Document No. 3031Valid from: 12 September 2006
Financials
Key figures from the company's filed annual financial statements.
| Year | Revenue | Profit before tax | Net profit | Total assets | Equity |
|---|---|---|---|---|---|
| 2024 | €113,902,000 | -€333,000 | -€630,000 | €49,452,000 | €29,666,000 |
| 2023 | €170,963,000 | -€739,000 | -€648,000 | €68,582,000 | €30,295,000 |
| 2022 | €184,846,000 | €4,325,000 | €3,528,000 | €100,427,000 | €31,015,000 |
| 2021 | €134,831,000 | €7,454,000 | €6,385,000 | €74,942,000 | €25,346,000 |
| 2020 | €99,201,000 | €3,037,000 | €2,652,000 | €42,386,000 | €18,999,000 |
| 2019 | €79,224,000 | €5,569,000 | €4,745,000 | €31,136,000 | €16,347,000 |
Filed: 22 July 2025
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Sources: State Enterprise Centre of Registers, VMI, Sodra and the Public Procurement Office. Website ownership is checked against .lt domain data and legal-entity details published on the website. Open data is licensed under CC BY 4.0.