AB Snaigė (literally: snowflake) is a Lithuanian industrial company and the only producer of refrigerators in the Baltic countries, with manufacturing plants in Alytus. It was previously listed on the NASDAQ OMX Vilnius stock exchange. The company was established in 1963. The unaudited consolidated sales revenue of AB "Snaigė" exceeded 30 million during the three quarters of 2017. EUR and were slightly lower than last year during the same period. The company earned 1.6 million EUR EBITDA (in unaudited consolidated data) vol. i.e. 56 percent less than last year during the same period.[3] About 97% of the production is exported to more than 30 countries.

AB Snaigė
Headquarters
Alytus, Pramonės street 6
,
Key people
Gediminas Čeika
ProductsRefrigerators and freezers
RevenueDecrease€21.220 million (2022)[1]
Decrease - €5.736 million (2022)[1]
Decrease - €5.170 million (2022)[1]
Total equityDecrease - €1.602 million[1]
OwnerSekenora Holdings Limited (91.1%)[2]
Number of employees
307[1]
Websitehttp://www.snaige.lt

SNAIGE AB produces refrigerators, freezers and vertical coolers of over 30 models in about 200 modifications. The company has a production capacity of 550,000 refrigerators and freezers per year. The company has been awarded the Lithuanian Innovation Prize several times and is recognized as one of the most innovative companies in the country. Refrigerators Snaigė have been a few times presented with Lithuanian "Product of the Year" Gold medals.[4]

Works according ISO international standards (ISO 9001, ISO 1400, BS OHSAS 18001) are used throughout the production process.[5]

In September 2023, the controling package of the comapny was acquired by an investment company owned by the UAB "Easy Debt Service" for €0.5M. On 1 November 2024, the company's shares were delisted from the stock exchange after the shareholders decided to take it private.[6]

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  • "Snaigė" (in Lithuanian). Snaigė. Retrieved October 7, 2013.
  • "Įmonė Snaigė". Verslo Žinios (in Lithuanian). Rekvizitai.lt. Retrieved October 7, 2013.

References

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