Ollex

What Ollex does

Ollex (legal entity UAB "Olego transportas") is a Lithuanian passenger transportation and vehicle rental company founded in 1995 and headquartered at Geologų g. 16, Vilnius. It operates a fleet of more than 120 vehicles sourced from premium OEMs (Mercedes-Benz, BMW, Scania, MAN, Volvo, Otokar) spanning economy cars, luxury sedans (including Mercedes-Benz S-Class long-wheelbase and BMW 7 Series), 7-seat minivans (including Mercedes V-Class), 8–20 seat minibuses, and 33–64 seat coaches compliant with Euro 6 and equipped with vendor safety systems (ABS, TCS, EBS, ASR). The company describes itself as the only operator in Lithuania offering a complete transport services complex, with delivery capability across all three Baltic States and selected Ukraine routes.

The commercial offering is structured around three core revenue streams: per-trip vehicle rental (with or without driver) at rates such as €44–€70+ per day for minibuses; scheduled airport-express shuttle services across 34 routes connecting Vilnius, Kaunas, and Riga airports to Lithuanian and Latvian cities at fixed per-ticket prices of €20–€30; and bespoke VIP and corporate transfer services routed through a dedicated sub-brand at transferas.ollex.lt. Ancillary revenue includes small-cargo transportation (Renault Trafic vans), airport VIP lounge reservations across Vilnius/Riga/Tallinn, and supplementary services (drivers, guides, insurance, visa support, child seats, GPS, 24/7 roadside assistance). Distribution combines direct online booking via ollex.lt, three physical offices (Vilnius HQ, Klaipėda, Kaunas), a service point inside Vilnius Airport, authorized travel-agency resellers, direct-from-driver ticket sales on international routes, and dedicated account managers for corporate and government accounts.

Ollex serves a hybrid customer base of private individuals (leisure travel, weddings, family trips), business and corporate clients (executive travel, corporate events), and government and state institutions (official delegations, conferences), with travel agencies as a secondary channel. The customer roster includes high-prestige episodic accounts such as the Lithuanian EU Council Presidency (2013), NATO Military Committee Conference, WHO European Region 65th session, UEFA Women's U17 Championship (2018–2019), the Italian and Lithuanian national football teams, and the Israel Philharmonic Orchestra. The company is privately held with no disclosed funding rounds, no parent entity, and no public listing; Alex McDay is listed as Chief Executive Officer.

Name

Ollex

Legal name

UAB "Olego transportas"

Website

https://ollex.lt

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

251–500 employees

Short description

Ollex is a Lithuanian passenger transport and vehicle rental company founded in 1995, operating a 120+ vehicle premium fleet (Mercedes, BMW, Scania, MAN, Volvo) across car rental, minibus/bus charter, 34 airport-express shuttle routes, and VIP transfers in the Baltic region.

Ownership category

akta.pro rank

Product category

Passenger Transportation and Vehicle Rental Services

NAICS

Passenger Car Rental (532111), Taxi and Ridesharing Services (48531), Limousine Service (485320), Interurban and Rural Bus Transportation (485210)

SIC

Services-Auto Rental & Leasing (No Drivers) (7510), Transportation Services (4700)

akta.pro primary industry

Chauffeur-Driven Car Rental (With Driver) (THADAAAG)

akta.pro secondary industries

Self-Drive Car Rental (THADAAAF), Airport Transfer Services (Meet-and-Greet, Fixed-Route) (THADAEAG), Private Transportation & Chauffeur-Hosted Experiences (THAJALAD), One-Way / Intercity Car Rental (THADAAAD)

Keywords

• Passenger transportation services
• Vehicle rental services
• Airport shuttle services
• VIP chauffeur services
• Bus and coach rental

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Vehicle Rental Services: Rental of passenger vehicles ranging from economy class to luxury limousines, with or without driver. Includes cars, minivans, minibuses, and coaches for short-term and long-term rentals.
2. Airport Express Tickets: Scheduled passenger transportation service connecting airports (Vilnius, Kaunas, Riga) with various cities. 34 routes covering Lithuania-Latvia connections.
3. VIP Transfer Services: Premium chauffeur services for important persons, conferences, and private events. Includes airport VIP lounge reservations and executive transportation.
4. Additional Services: Supplementary services including professional drivers, guides, travel insurance, visa processing, hotel reservations, child seats, GPS navigation, and 24/7 roadside assistance.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Ollex is a Lithuanian passenger transport and vehicle rental company providing a complete range of services including passenger car rental (economy to luxury BMW and Mercedes-Benz), minivan rental, minibus rental (8-20 seats), coach/bus rental (33-64 seats), scheduled airport express shuttle services across 34 routes connecting Lithuanian and Latvian cities to airports, chauffeur-driven VIP transfers and private transfers, international routes to Latvia and Ukraine, small cargo transportation, and airport VIP lounge reservations.

Product overview

Ollex (UAB Olego transportas) is a Lithuanian transport services company founded in 1995, offering a comprehensive portfolio of vehicle rental and passenger transport services. The core offering centers on car rental (economy, BMW, Mercedes-Benz), minivan rental, minibus rental (8-20 passengers), and bus rental (33-64 passengers). The product line extends to VIP transport services with professional chauffeurs, the Ollex Transfer private transfer platform, airport express shuttle services connecting Lithuanian cities to Vilnius, Kaunas, and Riga airports, and international routes to Ukraine and Latvia. Additional services include small cargo transportation using cargo vans and airport VIP lounge reservations. The company operates primarily in Lithuania with partner networks across the Baltic region and Europe.

Differentiator

Problem solved

Functional benefit

Products and services

• Automobilių nuoma (Car Rental)

Quantifiable outcome

• Complete transport service offering - the only company in Lithuania offering full range from economy cars to luxury coaches
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Global Passenger Network (GPN)coreStrategic or Co-development PartnerOfficial member of Global Passenger Network, an international organization focused on ensuring high-quality passenger transport services. Members share information and best practices to improve service quality.
• TristarcoreStrategic or Co-development PartnerGlobal private transport services organization. Ollex is a member, connecting them with international standards and best practices in the VIP transport industry.
• Addison LeecoreStrategic or Co-development PartnerGlobal private transport services organization. Membership provides access to international network and standards for premium transport services.
• Euro LimousinecoreStrategic or Co-development PartnerInternational luxury transport services network. Ollex membership connects them with global luxury transport standards and practices.
• UAB SynopticomminorImplementation/ SI/ Consulting PartnerMarketing agency conducting customer satisfaction surveys on behalf of Ollex for service quality assessment.
• AB Lietuvos paštasminorChannel Partner/ Reseller/ DistributorLithuanian Post office serving as a distribution partner for Ollex services.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Blacklane: Berlin-based global chauffeur and airport transfer platform serving 50+ countries with professional drivers. Directly comparable to Ollex's VIP transfer and chauffeur-driven services, particularly for cross-border premium bookings routed through international alliances.
• Addison Lee: UK-based premium private hire and chauffeur service and Ollex alliance partner through international transport networks. Directly comparable on chauffeur-driven premium transfers for corporate, VIP, and airport customers.
• Ecolines: Latvia-based intercity and international bus operator with dense Baltic routes and connections to Western Europe, Ukraine, and Russia. Overlaps directly with Ollex's international bus routes, Klaipėda–Riga services, and Vilnius–Kyiv corridor.
• Bolt: Estonia-headquartered mobility super-app offering ridesharing, food delivery, and car-sharing across the Baltic states with strong Lithuanian presence. Directly competes with Ollex's airport transfer, chauffeur, and city car-rental demand through lower-cost, app-based supply.
• LuxExpress: Estonian-founded intercity bus operator running scheduled services across the Baltic states (Estonia, Latvia, Lithuania) with cross-border routes to Russia, Poland, and Germany. Directly comparable to Ollex's airport express and intercity coach operations on overlapping Baltic corridors.

Broad incumbents

• Enterprise Mobility: US-headquartered global car rental and mobility company operating across Europe through Enterprise, Alamo, and National brands. Broad incumbent comparable to Ollex on airport-based passenger car rental, though at vastly larger fleet scale and capital base.
• Sixt: German-headquartered global car rental and mobility provider with operations across Europe including Baltic airports. Competes with Ollex on premium car rental and chauffeur services, but at significantly larger scale and broader geographic footprint.
• FlixBus: German-headquartered pan-European intercity bus operator with the largest route network in Europe, including Baltic connections. Broad incumbent competing with Ollex's airport express and group coach services through aggressive low-cost pricing.
• Europcar: French-headquartered European car rental leader operating across airports and cities including Baltic region. Broad incumbent competing with Ollex on airport car rental and corporate fleet leasing segments at greater scale and brand recognition.

Emerging players

• GetTransfer: International transfer marketplace connecting travelers with local drivers and operators across 150+ countries. Comparable to Ollex's Ollex Transfer product as an emerging digital channel that could both complement and disintermediate Ollex's own chauffeur supply.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC0fRt95Z45AvOZDt8_ruGgA
• Facebookfacebook.com/ollexpaslaugos

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Ollex