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Tetas

Full company profile

uuid000hkzi

Namestring
Tetas
Legal namestring
UAB "Tetas"
Websiteurl
tetas.lt
Company typeenum
Private
Founded yearint
2005
Descriptiontext

Tetas (legal entity: UAB "Tetas") is a Lithuanian electrical engineering and infrastructure services company founded in 2005 and headquartered in Kaunas, with five additional regional offices across Lithuania (Panevėžys, Vilnius, Alytus, Šiauliai, Klaipėda). The company is wholly owned by EPSO-G, the state-owned energy holding company under the Lithuanian Ministry of Energy, which makes Tetas an instrument of national energy policy, particularly Lithuania's grid synchronization with continental Europe and renewable integration programs. Tetas provides a full lifecycle of high-voltage electrical infrastructure services spanning the 0.4-400 kV range, including design, construction, reconstruction, maintenance, relay protection and automation (RAA) commissioning, teleinformation (TSPĮ) systems integration, and a nationally accredited high-voltage laboratory for equipment testing, transformer oil analysis, and metrological verification.

The company serves primarily Lithuanian and Baltic transmission system operators (notably Litgrid and Latvia's AST) and distribution system operators (ESO), with additional international engagements including Ørsted (Denmark wind farm), Verbund Hydro Power (Austria), Siemens Energy (synchronous compensators), and renewable developers such as Green Genius and FutureEnergy. Recent contract activity has been dominated by grid synchronization projects, substation reconstructions (Berčiūnai €2.8M, Subačius €2.3M), 330 kV transmission line work, and entry into utility-scale battery energy storage (a 56 MW / 168 MWh BESS in Raseiniai). Tetas also operates construction equipment rental and surplus asset sale businesses, and in 2024 secured representation rights for Maschinenfabrik Reinhausen GmbH in the Baltic states. Revenue is generated through project-based public procurement contracts (primarily via the deallink.biz platform) with state-owned utilities, with pricing negotiated per project and no public revenue disclosure.

Short descriptiontext

Tetas is a Lithuanian state-owned (EPSO-G subsidiary) electrical engineering company providing 0.4-400 kV high-voltage infrastructure design, construction, maintenance, relay-protection commissioning, and accredited laboratory testing, primarily serving Baltic transmission and distribution system operators.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersKaunas, Lithuania
HQ citystring
Kaunas
HQ countrystring
Lithuania
HQ regionstring
Europe
Markets served

Serves global market

Offices6 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
high voltage construction, electrical infrastructure services, power transmission lines, substation construction, electrical equipment testing
Industry4 codes
1Testing, Commissioning, Maintenance & Retrofit/Modernization (Substations/Switchgear)
CodeEUADACALPrimaryYes
2High-Voltage Electrical Systems (Switchgear, Transformers, Protection & Control)
CodeEUAEAFAAPrimaryNo
3Commissioning, testing & energization services (HVT, relay testing, SAT)
CodeEUADAKAEPrimaryNo
4Transmission Maintenance, Inspection & Condition Monitoring (Live-Line, Drones, Sensors)
CodeEUADAAAMPrimaryNo
NAICS code3 codes
  • Power and Communication Line and Related Structures Construction237130
  • Testing Laboratories and Services541380
  • Electronic and Precision Equipment Repair and Maintenance811210
SIC code3 codes
  • Services-Testing Laboratories8734
  • Instruments For Meas & Testing Of Electricity & Elec Signals3825
  • Switchgear & Switchboard Apparatus3613
Product category
High-Voltage Electrical Infrastructure Services
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model6 records
1Electrical Infrastructure Construction Services
TypeProfessional Services
Description

Construction, reconstruction, repair and maintenance of electrical transmission lines (0.4-400 kV), transformer substations, and switchyards. Services include installation of electrical inputs and connections, street lighting network construction, cable line installation, and power transformer installation up to 330 kV.

tetas.lt
2Relay Protection and Automation Commissioning
TypeProfessional Services
Description

Design, installation and commissioning of relay protection and automation (RAA) and teleinformation collection systems (TSPĮ) for transmission and distribution networks.

tetas.lt
3Laboratory and Testing Services
TypeProfessional Services
Description

High-voltage laboratory testing services including metrological verification, equipment diagnostics, transformer oil analysis, and wind turbine electrical measurements for grid operators and renewable energy facilities.

tetas.lt
4Engineering and Design Services
TypeProfessional Services
Description

Design of electrical infrastructure projects including technical and working designs for power lines and substations up to 400 kV, feasibility studies, and construction supervision.

tetas.lt
5Equipment Rental
TypeManaged Services
Description

Rental of construction equipment including pole excavators, multifunctional tractors, excavator loaders, truck-mounted lifts, trucks, front telescopic loaders, car carriers, cable drum trailers, ground mills, directional drilling equipment, cable pulling equipment, quad bikes, and compressors.

tetas.lt
6Asset Sales
TypeOne Time License
Description

Sale of surplus or decommissioned long-term and short-term tangible assets through survey-based procurement process.

tetas.lt
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Pricing details1 tier
1Equipment rental with or without operator
ModelOtherBilling cadencePay-as-you-go
Notes

Equipment rental conditions and prices are negotiated individually for each case. Equipment can be rented with or without operator.

tetas.lt
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Tetas provides design, construction, reconstruction, maintenance, and testing services for high-voltage (0.4–400 kV) electrical infrastructure, including power transmission lines, transformer substations, switchyards, relay protection and automation (RAA), and teleinformation (TSPĮ) systems. The company also offers engineering design, in-house high-voltage laboratory testing, transformer oil analysis, metrological verification, construction equipment rental, and surplus asset sales for utilities, TSOs, DSOs, renewable energy developers, and industrial clients.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 330 kV substation construction in Darbėnai as part of Lithuania's synchronization with continental Europe
+3 more records
Product overview1 text field

Tetas is an energy infrastructure development and maintenance company offering a comprehensive suite of services for electrical power systems. The portfolio includes: (1) 0,4-400 kV electrical network construction and reconstruction services covering lines, switchyards, substations and power transformers; (2) 0,4-400 kV electrical network maintenance and repair services; (3) 0,4-400 kV relay protection and automation (RAA) and teleinformation systems (TSPĮ) commissioning services; (4) High-voltage laboratory services including equipment testing, wind turbine measurements, transformer oil analysis, and metrological verification; (5) Engineering design services for energy facilities up to 400 kV; (6) Construction equipment rental; and (7) Surplus asset sales. The company also executes synchronization projects and battery energy storage system (BESS) construction as part of Lithuania's energy independence initiatives.

Product and service7 records
10.4-400 kV Electrical Network Construction Services
20.4-400 kV Electrical Network Maintenance Services
CategoryHigh-voltage electrical maintenance
Description

Technical maintenance and repair services for electrical lines, switchyards, substations, power transformers up to 330 kV and other facilities in the 0.4-400 kV voltage range, for utilities, TSOs, and DSOs.

30.4-400 kV RAA and TSPĮ Commissioning Services
CategoryRelay protection and automation
Description

Design, assembly, and commissioning of relay protection and automation (RAA) systems and teleinformation collection and transmission equipment (TSPĮ) for substations and switchyards ranging from 6 kV to 330 kV.

4High-Voltage Laboratory Services
CategoryHigh-voltage laboratory and testing
Description

Testing of electrical equipment, cables, safety equipment, transformer oil chemical and chromatographic analysis, dissolved gas detection, wind turbine electrical measurements, and protection equipment verification, for grid operators and renewable energy facilities.

5Engineering Design Services
CategoryEngineering and design
Description

Engineering design services for construction, reconstruction, and renovation of energy facilities up to 400 kV, including electrical lines, substations, switchyards, and feasibility studies.

6Construction Equipment Rental
CategoryEquipment rental
Description

Rental of construction equipment including pole jacks, excavators, lifting platforms, trucks, directional drilling equipment, cable pulling equipment, compressors, and trailers, with or without operator.

7Surplus Asset Sales
CategoryAsset sales
Description

Sale of unused or non-usable long-term and short-term tangible assets through survey method.

Scale indicator14 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2024-06-05
Description

Tetas became the official representative of Maschinenfabrik Reinhausen GmbH (global transformer solutions leader) for the Baltic states. This partnership enables Tetas to provide specialized transformer solutions and services to utilities across Lithuania, Latvia, and Estonia.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2020-10-09
Description

Tetas signed a cooperation agreement with Kaunas University of Technology for collaboration in education, research, and student development. The partnership includes internship programs, scholarships, and joint initiatives to develop future energy sector professionals.

Strategic tierCoreTypeOthers
Description

EPSO-G is the parent company and managing entity of the Tetas group. Tetas is 100% owned by EPSO-G, which is controlled by the Lithuanian Ministry of Energy. EPSO-G group includes Amber Grid, Baltpool, Energy cells, EPSO-G Invest, Litgrid, and Tetas.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Litgrid is the Lithuanian electricity transmission system operator and primary customer of Tetas. Tetas conducts construction, reconstruction, and modernization projects for Litgrid's transmission network infrastructure.

5ESO
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

ESO (Electrostatic Operator) is the Lithuanian electricity distribution system operator. Tetas provides construction and maintenance services for distribution network infrastructure.

tetas.lt
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Nordic-headquartered power network services company delivering construction, maintenance, and operation of electricity transmission and distribution infrastructure in the Nordics, Baltics, and Poland. Closest comparable to Tetas by service scope, customer profile (national TSOs/DSOs), and geographic footprint.

2Empower
TypeDirect peer
Description

Finnish power network contractor delivering construction, installation, maintenance, and lifecycle services for electricity distribution and transmission operators across the Nordics and Baltics. Directly comparable to Tetas in terms of HV services scope and DSO/TSO customer base.

TypeDirect peer
Description

Lithuanian-Baltic electrical infrastructure services provider specialized in HV substation, transmission line, and power network construction and maintenance. Closest regional direct peer to Tetas, operating in overlapping Baltic markets with similar customer set.

TypeDirect peer
Description

Lithuanian industrial EPC contractor serving energy, oil & gas, and industrial clients with design, fabrication, and construction services. Comparable to Tetas as a domestic Lithuanian energy infrastructure EPC competitor, particularly for substation and industrial electrical projects.

TypeBroad incumbent
Description

Global leader in HV transmission equipment, substations, and grid services, spun out of ABB. Comparable to Tetas at the technology level (switchgear, transformers, protection & control, grid integration) but operates at much larger scale across the full T&D value chain.

TypeBroad incumbent
Description

Global energy technology and services company offering transmission equipment, grid services, and EPC capability including the synchronous compensator work referenced in Tetas's project portfolio. Overlaps with Tetas in HV substation services and grid integration.

TypeBroad incumbent
Description

Global power equipment and grid services business spun out of GE, covering generation, transmission, and grid solutions including substations and HV services. Comparable as a broader incumbent offering overlapping capabilities to Tetas at a much larger scale.

TypeBroad incumbent
Description

European infrastructure services group with extensive HV electrical infrastructure and substation capabilities through its Omexom, Citeos, and Cegelec brands. Comparable as a broad incumbent executing HV substation and grid projects across Europe at significantly larger scale.

TypeBroad incumbent
Description

Global energy management and automation specialist with significant grid solutions, substation, and digital power capabilities. Overlaps with Tetas at the switchgear/protection & control layer and serves many of the same utility customers worldwide.

TypeRegional player
Description

Lithuanian heavy and civil infrastructure contractor with energy infrastructure capabilities and domestic scale comparable to Tetas. Overlaps as a regional player on Lithuanian infrastructure tenders, including substation civil works and transmission line construction.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers9 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles11 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance4 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Tetas

High-Voltage Electrical Infrastructure Servicestetas.lt

Tetas is a Lithuanian state-owned (EPSO-G subsidiary) electrical engineering company providing 0.4-400 kV high-voltage infrastructure design, construction, maintenance, relay-protection commissioning, and accredited laboratory testing, primarily serving Baltic transmission and distribution system operators.

What Tetas does

Tetas (legal entity: UAB "Tetas") is a Lithuanian electrical engineering and infrastructure services company founded in 2005 and headquartered in Kaunas, with five additional regional offices across Lithuania (Panevėžys, Vilnius, Alytus, Šiauliai, Klaipėda). The company is wholly owned by EPSO-G, the state-owned energy holding company under the Lithuanian Ministry of Energy, which makes Tetas an instrument of national energy policy, particularly Lithuania's grid synchronization with continental Europe and renewable integration programs. Tetas provides a full lifecycle of high-voltage electrical infrastructure services spanning the 0.4-400 kV range, including design, construction, reconstruction, maintenance, relay protection and automation (RAA) commissioning, teleinformation (TSPĮ) systems integration, and a nationally accredited high-voltage laboratory for equipment testing, transformer oil analysis, and metrological verification.

The company serves primarily Lithuanian and Baltic transmission system operators (notably Litgrid and Latvia's AST) and distribution system operators (ESO), with additional international engagements including Ørsted (Denmark wind farm), Verbund Hydro Power (Austria), Siemens Energy (synchronous compensators), and renewable developers such as Green Genius and FutureEnergy. Recent contract activity has been dominated by grid synchronization projects, substation reconstructions (Berčiūnai €2.8M, Subačius €2.3M), 330 kV transmission line work, and entry into utility-scale battery energy storage (a 56 MW / 168 MWh BESS in Raseiniai). Tetas also operates construction equipment rental and surplus asset sale businesses, and in 2024 secured representation rights for Maschinenfabrik Reinhausen GmbH in the Baltic states. Revenue is generated through project-based public procurement contracts (primarily via the deallink.biz platform) with state-owned utilities, with pricing negotiated per project and no public revenue disclosure.

Tetas firmographics

Firmographics
Name
Tetas
Legal name
UAB "Tetas"
Website
https://tetas.lt
Company type
Private
Founded year
2005
Operating status
Operating
Headcount range
101–250 employees
Short description
Tetas is a Lithuanian state-owned (EPSO-G subsidiary) electrical engineering company providing 0.4-400 kV high-voltage infrastructure design, construction, maintenance, relay-protection commissioning, and accredited laboratory testing, primarily serving Baltic transmission and distribution system operators.
Ownership category
akta.pro rank

Tetas industry classification

Industry
Product category
High-Voltage Electrical Infrastructure Services
NAICS
Power and Communication Line and Related Structures Construction (237130), Testing Laboratories and Services (541380), Electronic and Precision Equipment Repair and Maintenance (811210)
SIC
Services-Testing Laboratories (8734), Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Switchgear & Switchboard Apparatus (3613)
akta.pro primary industry
Testing, Commissioning, Maintenance & Retrofit/Modernization (Substations/Switchgear) (EUADACAL)
akta.pro secondary industries
High-Voltage Electrical Systems (Switchgear, Transformers, Protection & Control) (EUAEAFAA), Commissioning, testing & energization services (HVT, relay testing, SAT) (EUADAKAE), Transmission Maintenance, Inspection & Condition Monitoring (Live-Line, Drones, Sensors) (EUADAAAM)

Keywords

  • High voltage construction
  • Electrical infrastructure services
  • Power transmission lines
  • Substation construction
  • Electrical equipment testing

Where Tetas is headquartered

Location

Headquarters

HQ city
Kaunas
HQ country
Lithuania
HQ region
Europe

Offices6 records

Markets served

Tetas business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

  1. Electrical Infrastructure Construction Services: Construction, reconstruction, repair and maintenance of electrical transmission lines (0.4-400 kV), transformer substations, and switchyards. Services include installation of electrical inputs and connections, street lighting network construction, cable line installation, and power transformer installation up to 330 kV.
  2. Relay Protection and Automation Commissioning: Design, installation and commissioning of relay protection and automation (RAA) and teleinformation collection systems (TSPĮ) for transmission and distribution networks.
  3. Laboratory and Testing Services: High-voltage laboratory testing services including metrological verification, equipment diagnostics, transformer oil analysis, and wind turbine electrical measurements for grid operators and renewable energy facilities.
  4. Engineering and Design Services: Design of electrical infrastructure projects including technical and working designs for power lines and substations up to 400 kV, feasibility studies, and construction supervision.
  5. Equipment Rental: Rental of construction equipment including pole excavators, multifunctional tractors, excavator loaders, truck-mounted lifts, trucks, front telescopic loaders, car carriers, cable drum trailers, ground mills, directional drilling equipment, cable pulling equipment, quad bikes, and compressors.
  6. Asset Sales: Sale of surplus or decommissioned long-term and short-term tangible assets through survey-based procurement process.

Pricing tiers

ModelBillingPrice
OtherPay-as-you-goEquipment rental with or without operator

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Tetas product offering

Product offering

Core offering

Tetas provides design, construction, reconstruction, maintenance, and testing services for high-voltage (0.4–400 kV) electrical infrastructure, including power transmission lines, transformer substations, switchyards, relay protection and automation (RAA), and teleinformation (TSPĮ) systems. The company also offers engineering design, in-house high-voltage laboratory testing, transformer oil analysis, metrological verification, construction equipment rental, and surplus asset sales for utilities, TSOs, DSOs, renewable energy developers, and industrial clients.

Product overview

Tetas is an energy infrastructure development and maintenance company offering a comprehensive suite of services for electrical power systems. The portfolio includes: (1) 0,4-400 kV electrical network construction and reconstruction services covering lines, switchyards, substations and power transformers; (2) 0,4-400 kV electrical network maintenance and repair services; (3) 0,4-400 kV relay protection and automation (RAA) and teleinformation systems (TSPĮ) commissioning services; (4) High-voltage laboratory services including equipment testing, wind turbine measurements, transformer oil analysis, and metrological verification; (5) Engineering design services for energy facilities up to 400 kV; (6) Construction equipment rental; and (7) Surplus asset sales. The company also executes synchronization projects and battery energy storage system (BESS) construction as part of Lithuania's energy independence initiatives.

Differentiator

Problem solved

Functional benefit

Products and services

  • 0.4-400 kV Electrical Network Construction Services
  • 0.4-400 kV Electrical Network Maintenance Services Technical maintenance and repair services for electrical lines, switchyards, substations, power transformers up to 330 kV and other facilities in the 0.4-400 kV voltage range, for utilities, TSOs, and DSOs.
  • 0.4-400 kV RAA and TSPĮ Commissioning Services Design, assembly, and commissioning of relay protection and automation (RAA) systems and teleinformation collection and transmission equipment (TSPĮ) for substations and switchyards ranging from 6 kV to 330 kV.
  • High-Voltage Laboratory Services Testing of electrical equipment, cables, safety equipment, transformer oil chemical and chromatographic analysis, dissolved gas detection, wind turbine electrical measurements, and protection equipment verification, for grid operators and renewable energy facilities.
  • Engineering Design Services Engineering design services for construction, reconstruction, and renovation of energy facilities up to 400 kV, including electrical lines, substations, switchyards, and feasibility studies.
  • Construction Equipment Rental Rental of construction equipment including pole jacks, excavators, lifting platforms, trucks, directional drilling equipment, cable pulling equipment, compressors, and trailers, with or without operator.
  • Surplus Asset Sales Sale of unused or non-usable long-term and short-term tangible assets through survey method.

Quantifiable outcome

  • 330 kV substation construction in Darbėnai as part of Lithuania's synchronization with continental Europe
  • +3 more outcomes

Companies that use Tetas

Customer profile

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Tetas technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Tetas partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core.

  • Maschinenfabrik Reinhausen GmbHcoreChannel Partner/ Reseller/ Distributor · 5 June 2024Tetas became the official representative of Maschinenfabrik Reinhausen GmbH (global transformer solutions leader) for the Baltic states. This partnership enables Tetas to provide specialized transformer solutions and services to utilities across Lithuania, Latvia, and Estonia.
  • Kaunas University of Technology (KTU)coreStrategic or Co-development Partner · 9 October 2020Tetas signed a cooperation agreement with Kaunas University of Technology for collaboration in education, research, and student development. The partnership includes internship programs, scholarships, and joint initiatives to develop future energy sector professionals.
  • EPSO-GcoreOthersEPSO-G is the parent company and managing entity of the Tetas group. Tetas is 100% owned by EPSO-G, which is controlled by the Lithuanian Ministry of Energy. EPSO-G group includes Amber Grid, Baltpool, Energy cells, EPSO-G Invest, Litgrid, and Tetas.
  • LitgridcoreChannel Partner/ Reseller/ DistributorLitgrid is the Lithuanian electricity transmission system operator and primary customer of Tetas. Tetas conducts construction, reconstruction, and modernization projects for Litgrid's transmission network infrastructure.
  • ESOcoreChannel Partner/ Reseller/ DistributorESO (Electrostatic Operator) is the Lithuanian electricity distribution system operator. Tetas provides construction and maintenance services for distribution network infrastructure.

Scale indicators14 records

Recent moves6 records

Expansion highlights5 records

Tetas competitors and assessment

Company assessment

Direct peers

  • Eltel Group: Nordic-headquartered power network services company delivering construction, maintenance, and operation of electricity transmission and distribution infrastructure in the Nordics, Baltics, and Poland. Closest comparable to Tetas by service scope, customer profile (national TSOs/DSOs), and geographic footprint.
  • Empower: Finnish power network contractor delivering construction, installation, maintenance, and lifecycle services for electricity distribution and transmission operators across the Nordics and Baltics. Directly comparable to Tetas in terms of HV services scope and DSO/TSO customer base.
  • Elnos Group: Lithuanian-Baltic electrical infrastructure services provider specialized in HV substation, transmission line, and power network construction and maintenance. Closest regional direct peer to Tetas, operating in overlapping Baltic markets with similar customer set.
  • Axis Industries: Lithuanian industrial EPC contractor serving energy, oil & gas, and industrial clients with design, fabrication, and construction services. Comparable to Tetas as a domestic Lithuanian energy infrastructure EPC competitor, particularly for substation and industrial electrical projects.

Broad incumbents

  • Hitachi Energy: Global leader in HV transmission equipment, substations, and grid services, spun out of ABB. Comparable to Tetas at the technology level (switchgear, transformers, protection & control, grid integration) but operates at much larger scale across the full T&D value chain.
  • Siemens Energy: Global energy technology and services company offering transmission equipment, grid services, and EPC capability including the synchronous compensator work referenced in Tetas's project portfolio. Overlaps with Tetas in HV substation services and grid integration.
  • GE Vernova: Global power equipment and grid services business spun out of GE, covering generation, transmission, and grid solutions including substations and HV services. Comparable as a broader incumbent offering overlapping capabilities to Tetas at a much larger scale.
  • VINCI Energies: European infrastructure services group with extensive HV electrical infrastructure and substation capabilities through its Omexom, Citeos, and Cegelec brands. Comparable as a broad incumbent executing HV substation and grid projects across Europe at significantly larger scale.
  • Schneider Electric: Global energy management and automation specialist with significant grid solutions, substation, and digital power capabilities. Overlaps with Tetas at the switchgear/protection & control layer and serves many of the same utility customers worldwide.

Regional players

  • Kauno Tiltai: Lithuanian heavy and civil infrastructure contractor with energy infrastructure capabilities and domestic scale comparable to Tetas. Overlaps as a regional player on Lithuanian infrastructure tenders, including substation civil works and transmission line construction.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Tetas social profiles

Digital presence

Tetas compliance and trust

Trust signal

Compliance4 records

Tetas financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Tetas leadership team

Management profile

Number of profiles

Profiles11 records

Tetas funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Tetas M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tetas

What does Tetas do?

Tetas provides design, construction, reconstruction, maintenance, and testing services for high-voltage (0.4–400 kV) electrical infrastructure, including power transmission lines, transformer substations, switchyards, relay protection and automation (RAA), and teleinformation (TSPĮ) systems. The company also offers engineering design, in-house high-voltage laboratory testing, transformer oil analysis, metrological verification, construction equipment rental, and surplus asset sales for utilities, TSOs, DSOs, renewable energy developers, and industrial clients.

Is Tetas a public or private company?

Tetas is a private company. It is classified as state government owned and is currently operating.

When was Tetas founded?

Tetas was founded in 2005. It employs 101 to 250 people.

Where is Tetas based?

Tetas is headquartered in Kaunas, Lithuania, in the Europe region.

How does Tetas make money?

Six revenue lines are on record. Electrical Infrastructure Construction Services are the primary driver. The others are relay Protection and Automation Commissioning, laboratory and Testing Services, engineering and Design Services, equipment Rental and asset Sales.

Who are Tetas's main competitors?

Direct peers on record are Eltel Group, Empower, Elnos Group and Axis Industries. Broad incumbents are Hitachi Energy, Siemens Energy, GE Vernova, VINCI Energies and Schneider Electric. Kauno Tiltai is listed as a regional player.

Does Tetas have an API?

No public API is recorded for Tetas.

What industry is Tetas in?

Tetas's product category is High-Voltage Electrical Infrastructure Services. Its primary akta.pro industry code is EUADACAL, Testing, Commissioning, Maintenance & Retrofit/Modernization (Substations/Switchgear), with a secondary code of EUAEAFAA, High-Voltage Electrical Systems (Switchgear, Transformers, Protection & Control). Its NAICS code is 237130 and its SIC code is 8734.

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GlobeNewswireOvidijus Martinonis has been appointed the new CEO of TetasOvidijus Martinonis was appointed CEO of Tetas, an energy infrastructure company in the EPSO-G group, for a five-year term starting September 15, 2025. EPSO-G owns 100% of Tetas, with the Ministry of Energy exercising shareholder rights.GlobeNewswireThe audit committee's opinion on the transaction with the related partiesAB Amber Grid's audit committee issued an opinion on 22 February 2022 regarding a transaction with related party UAB Tetas for renting special vehicles. The committee found the transaction fair and reasonable for non-counterparty shareholders, and the board approved it on the same day.GlobeNewswireAB Amber Grid concluded rental of special vehicles Agreement with UAB TetasAB Amber Grid concluded a special-vehicle rental agreement with related party UAB Tetas on 5 November 2021. The maximum price excluding VAT is EUR 15,235.84 for a 4-month term, and the vehicles will be used to build a physical barrier with Belarus.GlobeNewswireLITGRID AB is planning to enter into 330 kV Darbėnai switchyard construction design and contract works agreement with UAB “TETAS”LITGRID AB plans to enter into a 330 kV Darbėnai switchyard construction design and contract works agreement with UAB TETAS. The Audit Committee of EPSO-G approved the agreement on 13 September 2021, citing market conditions and standard contract terms.GlobeNewswireConcerning the opinion of the Audit Committee on LITGRID AB and TETAS UAB intend to conclude transactionsLITGRID AB's Audit Committee issued opinions on two transactions with TETAS UAB: metrology verification and purchase of 330/110/10 kV Kaunas TS capacity. Both were deemed fair and reasonable, and the board will decide on March 20, 2019.GlobeNewswireConcerning the opinion of the Audit CommitteeLITGRID AB informed that the Audit Committee of EPSO-G approved a transaction where Tetas UAB acquires a part of Energetikos paslaugų ir rangos organizacija UAB. The Committee deemed the deal arm's length and fair to LITGRID shareholders, with price and interest rate set by an independent expert.GlobeNewswireCorrection: Regarding the loan to UAB “TETAS”LITGRID AB granted a EUR 1 million subordinated loan to UAB TETAS on 25 June 2018 for investment and working capital. The three-year loan was approved by EPSO-G's Supervisory Council on 20 June 2018, with an audit committee opinion.GlobeNewswireLitgrid Becomes the Only Shareholder of UAB TetasOn 7 January 2013, Litgrid signed a share exchange agreement with Lesto, swapping its 25.03% stake in UAB Elektros Tinklo Paslaugos for Lesto's 38.87% stake in UAB Tetas. Litgrid became the sole owner of UAB Tetas, which provides electricity network design, construction, repair, and maintenance services.GlobeNewswireKlaipėda Transformer Substation Reconstruction Contract SignedLitgrid signed a contract on 31 January 2012 for reconstructing the Klaipėda transformer substation, won by a Tetas UAB and Empower AB consortium. The contract is worth nearly LTL 55 million, with 30% from the European Regional Development Fund, and completion is planned by end of 2014. The project includes a converter for the NordBalt link, to be operational in December 2015.GlobeNewswireInformation on the transaction contract concerning the exchange of the sets of assets of the subsidiaries of the Company UAB Elektros Tinklo Paslaugos and UAB TETASOn 18 October 2010, UAB Elektros Tinklo Paslaugos and UAB TETAS signed a contract to exchange asset sets. The exchange values are LTL 2,303,669 and LTL 2,015,923, with the price difference paid in cash.