Litesko

What Litesko does

Litesko is a regulated district heating and hot water utility operating four regional branches (Biržų šiluma, Druskininkų šiluma, Kelmės šiluma, Telšių šiluma) that supply centralized heat and hot water to more than 17,000 residents and over 1,000 businesses, public institutions, and organizations across four Lithuanian municipalities. Founded in December 1998 and headquartered in Vilnius at Konstitucijos pr. 7, the company is a UAB (closed joint-stock company) wholly owned by the Veolia group, which provides international operating standards and technical expertise in energy, water, and waste management. Operations in Marijampolė municipality ceased on July 1, 2025, when municipal heat supply and asset lease contracts expired.

The company’s technology stack centers on district heating infrastructure: centralized heat production and distribution networks, automated heat substations with outdoor-temperature controllers, radio-based individual heat allocators (dalikliai) that transmit radiator data via GSM to Litesko’s data center for consumption-based billing, and remote meter reading systems for heat and hot water. Core products are regulated heat and hot water supply billed monthly to residential and business customers, supplemented by the Savitarna self-service online portal (integrated with Bank Link, Perlo terminals, Maxima, Lithuanian Post, Perlas Go, Viena Sąskaita, and ignitis.lt), the PASTOVUS fixed monthly payment plan for residential customers (36-month heat average), the parallel PASTOVUS VERSLUI for business customers, radiator thermoregulators, and an energy consumer education program delivered under a 2021–2030 agreement with the Lithuanian Ministry of Energy.

Litesko operates a sales-led, regulated utility go-to-market, acquiring customers as the designated monopoly heat supplier in each municipality. Revenue is generated primarily through monthly recurring heat and hot water subscriptions at tariffs set by the State Energy Regulatory Council (Valstybinė energetikos reguliavimo taryba), with municipal approvals also governing ancillary fees such as the €0.99 per customer per month (excl. VAT) hot water meter service fee set for the Druskininkai and Kelmė branches from 2026. The company is certified to ISO 9001, ISO 14001, and ISO 37001 standards, is GDPR-compliant, and conducts ongoing infrastructure modernization partly funded by EU structural funds.

Name

Litesko

Legal name

UAB "Litesko"

Website

https://www.litesko.lt

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Litesko is a Lithuanian regulated district heating and hot water utility, wholly owned by Veolia, operating four regional branches that serve 17,000+ residents and 1,000+ businesses across Biržai, Druskininkai, Kelmė, and Telšiai municipalities.

Ownership category

akta.pro rank

Product category

District Heating

NAICS

Steam and Air-Conditioning Supply (221330)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Chillers, Boilers & Central Plant Operations (BPABACAG)

akta.pro secondary industry

Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)

Keywords

• District heating
• Hot water supply
• Centralized heating utility
• Heating network services
• Heat energy production

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Heat Energy Supply: Monthly billing for heat energy consumption based on regulated tariffs set by the State Energy Regulatory Council. Customers pay for actual consumption measured by heat meters or calculated based on apartment characteristics when meters are not installed.
2. Hot Water Supply: Monthly billing for hot water supply, either based on individual meter readings or using standardized consumption rates (92 liters per person per day with bathtub, 75 liters without).
3. PASTOVUS Payment Plan: A fixed monthly payment plan where customers pay a constant amount year-round, calculated from 36-month average heat consumption and current heat prices, protecting customers from winter price spikes.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels4 records

Core offering

Litesko is a Lithuanian district heating utility that supplies centrally produced heat and hot water to residential buildings, businesses, and public institutions across four municipalities (Biržai, Druskininkai, Kelmė, and Telšiai). The company produces thermal energy in its own boiler houses, distributes it through underground heating networks, and operates automated substations in consumer buildings, offering individual consumption metering and billing services.

Product overview

Litesko is a district heating utility company operating four regional branches (Biržų šiluma, Druskininkų šiluma, Kelmės šiluma, Telšių šiluma) that provide centralized heating and hot water services to over 17,000 residents and more than 1,000 business customers in Lithuania. The core offering consists of heat and hot water supply services, supported by the Savitarna self-service portal for online account management and bill payment. The company offers supplementary products including the PASTOVUS and PASTOVUS VERSLUI fixed monthly payment plans for residential and business customers respectively, individually regulated central heating systems with heat cost allocators, and energy consumer education programs. Litesko operates under the international Veolia energy services group.

Differentiator

Problem solved

Functional benefit

Products and services

• Heat and Hot Water Supply (Šilumos ir karšto vandens tiekimas) Centrally produced thermal energy and hot water supplied through underground district heating networks to residential buildings, businesses, and public institutions in the municipalities of Biržai, Druskininkai, Kelmė, and Telšiai.
• Payment Plan PASTOVUS (Mokėjimo planas PASTOVUS) Fixed monthly payment subscription plan for residential customers that allows them to pay a constant amount each month throughout the year for heat and hot water, with annual reconciliation based on actual consumption.
• Payment Plan PASTOVUS VERSLUI (Mokėjimo planas PASTOVUS VERSLUI) Fixed monthly payment subscription plan tailored for business customers, providing predictable monthly heating and hot water costs with annual reconciliation based on actual consumption.
• Individual Heating Regulation System (Individualiai reguliuojama centrinio šildymo sistema) A consumer-installed heat regulation system (dalikliai) attached to radiators that enables individual temperature control and per-radiator consumption measurement, allowing customers to manage heating in each room separately.
• Client Card (Kliento kortelė) A physical loyalty/payment card provided to Litesko customers that simplifies bill payment at Perlo terminals, Maxima stores, and Lithuanian Post offices using a barcode scan.
• Radiator Thermoregulators (Šildymo radiatorių termoreguliatoriai) Thermostatic radiator valves sold to consumers to set and maintain desired room temperatures, complementing the individual heating regulation system.

Quantifiable outcome

• Up to 20-30% savings on heating costs with individual regulation systems
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• VeoliacoreStrategic or Co-development PartnerLitesko belongs to the Veolia group, one of the world's largest energy services companies. Veolia employs nearly 215,000 people globally and provides expertise in water, waste, and energy management. In 2024, Veolia supplied drinking water to 111 million people, provided wastewater services to 98 million, produced nearly 42 million MWh of energy, and managed 65 million tons of waste. Litesko applies Veolia's international standards and practices in its operations.
• UAB Vilniaus energijaminorImplementation/ SI/ Consulting PartnerUAB Vilniaus energija is the authorized organization for conducting procurement procedures for Litesko until contract conclusion, as mandated by Lithuanian Public Procurement Law Article 14.
• Lithuanian Ministry of EnergycoreStrategic or Co-development PartnerLitesko signed an energy consumer education and consultation agreement with the Lithuanian Ministry of Energy for 2021-2030, implementing Energy Efficiency Law provisions. The company conducts educational activities about energy efficiency for all customers, including press releases, website content, and individual consultations.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Vilniaus energija: Lithuania's largest district heating utility, supplying heat and hot water to Vilnius. Comparable business model (regulated monopoly, district heating, residential and business customers) but at significantly larger scale than Litesko.
• Kauno energija: District heating utility serving Kaunas, Lithuania. Operates under the same regulated tariff model with residential and commercial customers, making it a directly comparable Lithuanian district heating peer.
• Klaipėdos energija: District heating and energy utility serving Klaipėda. Same regulated utility model, same customer segments, and same regulatory regime (State Energy Regulatory Council) as Litesko.
• Šiaulių energija: District heating and electricity distribution utility in Šiauliai, Lithuania. Closely comparable in scale and business model to Litesko, operating regulated municipal heat supply.
• Panevėžio energija: District heating utility serving Panevėžys, Lithuania. Operates the same regulated heat supply model with residential and institutional customers, directly comparable to Litesko's regional Lithuanian utilities.
• Alytaus šilumos tinklai: Municipal district heating utility in Alytus, Lithuania. Similar scale and customer base to Litesko's smaller branches, and operates under the same national regulatory framework.

Broad incumbents

• Dalkia: Veolia-owned district heating and energy services subsidiary operating across France and other European markets. Direct sister company/peer within the Veolia ecosystem, applying Veolia group practices to district heating at much larger scale.
• Engie: Global energy utility with extensive European district heating and cooling operations. Operates district heating networks in multiple countries under regulated and municipal frameworks, similar to Litesko but at vastly larger scale.
• Fortum: Nordic energy company with significant district heating operations in the Baltic and Nordic regions. Comparable in business model (regulated heat supply, municipal concessions) but operates at much larger scale and broader geographic footprint.
• E.ON: Major European energy utility with district heating networks in several countries. Comparable in terms of regulated heat supply and customer energy services, though E.ON is a much larger diversified player.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/litesko

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries5 records

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 Litesko