Conresta Group
Conresta Group is a Vilnius-headquartered construction and real estate group operating in Lithuania, Sweden, France, and St. Bartholomew Island, delivering industrial, logistics, military, and commercial projects through its CONRES contracting arm, RECUS development unit, and PPP investment projects.
- Company typePrivate
- Founded2009
- HeadquartersVilnius, Lithuania
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Conresta Group does
Conresta Group is a Vilnius-headquartered construction and real estate group operating across Lithuania, Sweden, France, and St. Bartholomew Island through six legal entities. The group is organized into three segments: CONRES, a general contracting and construction services arm executing industrial, logistics, and commercial builds on a fixed-price basis; RECUS, a real estate development unit; and an Investment Projects segment housing long-dated public-private partnership concessions. The group serves both private enterprises (Vilniaus Baldai, LIDL Lithuania, Horizon) and public-sector clients (Lithuania's Ministry of Defense, Litgrid, ALTUM), with a project book that includes a €50M furniture factory, a €100M logistics center, and the €1.8B Rūdninkai military town PPP.
The group operates a project-based business model: revenue is earned through milestone-billed general contracting contracts and multi-year PPP concessions, with pricing set at fixed-price tenders for commercial work and long-dated revenue recognition for infrastructure concessions. Geographic diversification across four countries provides some revenue smoothing, though customer concentration remains skewed toward a small number of large enterprise and government clients. The group is founder-led (Tomas Grebliauskas) with group-level leadership under Lukas Laukaitis and CONRES oversight by Ernestas Šeženis, and is privately held without disclosed external venture or private equity backing.
Delivery is supported by Building Information Modeling (BIM), Trimble Connect, and Dalux BOX collaboration platforms, with biometric worker screening on sites since 2018. Reported revenue declined from €137.35M (2022) to €134.9M (2023) to €85M (2024), with net profit compressing from €8.1M (2023) to €4.5M (2024), while the workforce stands at 223 employees and the group ranks 32nd in Lithuania's top 500 businesses (2025).
Conresta Group firmographics
Firmographics- Name
- Conresta Group
- Legal name
- UAB Conresta Group
- Website
- https://conrestagroup.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Conresta Group is a Vilnius-headquartered construction and real estate group operating in Lithuania, Sweden, France, and St. Bartholomew Island, delivering industrial, logistics, military, and commercial projects through its CONRES contracting arm, RECUS development unit, and PPP investment projects.
- Ownership category
- akta.pro rank
Conresta Group industry classification
Industry- Product category
- Construction Services
- NAICS
- Management of Companies and Enterprises (551)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Commercial Real Estate Asset Management (BPAJAMAB)
Keywords
Where Conresta Group is headquartered
LocationHeadquarters
- HQ city
- Vilnius
- HQ country
- Lithuania
- HQ region
- Europe
Offices6 records
Markets served
Conresta Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- General Contracting / Construction Services: CONRES, the main subsidiary, provides general contracting and construction services across commercial, industrial, residential, and special-purpose construction projects. Revenue is generated through project-based contracts awarded via competitive tendering or direct negotiation with clients. The company operates in Lithuania, Sweden, France, and St. Bartholomew Island.
- Real Estate Development: RECUS develops investment real estate projects in Lithuania, particularly in Vilnius. The company acquires land, develops residential complexes, and sells units to end buyers. Projects include multi-apartment buildings developed from initial concept to full user readiness.
- Investment Projects: Conresta Group invests in property development projects either fully or partially. Investments include commercial real estate (business centers) and residential developments. Returns generated through property appreciation and rental income or sale of developed assets.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Conresta Group product offering
Product offeringCore offering
Conresta Group is a Lithuanian company group operating through three core business segments. CONRES provides general contracting and construction services across commercial, industrial, residential, public, cultural heritage, and special-purpose projects in Lithuania, Sweden, France, and St. Bartholomew Island. RECUS develops residential and investment real estate projects in Vilnius. The group also runs strategic investment projects in commercial and residential real estate following responsible investment principles.
Product overview
Conresta Group is a Lithuanian capital company group operating as a unified enterprise across three core business segments: (1) CONRES – general contracting and construction services operating since 2009 across Lithuania, Sweden, France, and St. Bartholomew Island, having completed 183 projects covering 802,000 m²; (2) RECUS – real estate project development company with 10+ years of experience operating in Vilnius, Lithuania; and (3) Strategic Investment Projects – direct investments in real estate and other sectors following responsible investment principles. The group consists of 6 companies with operations in 4 countries and achieved 137 million € consolidated turnover in 2022.
Differentiator
Problem solved
Functional benefit
Products and services
- CONRES General Contracting and Construction Services General contracting and construction services for commercial, industrial, residential, administrative, cultural heritage, public, and specialized construction projects. Operates in Lithuania, Sweden, France, and St. Bartholomew Island, applying modern construction methods, BIM coordination, and partnership-driven collaboration for government, commercial, and industrial clients.
- RECUS Real Estate Investment Project Development Real estate investment project development company with over 10 years of experience, developing residential complexes and multi-apartment buildings in Vilnius from initial concept through full user readiness, targeting end buyers and investors.
- Strategic Investment Projects Strategic investments in long-term sustainable projects including commercial real estate (business centres such as Tuskulėnų Business Center and K22 Business Center) and residential developments (Širvio 5, Palangos ašis / Palanga panorama), structured as full or partial equity investments with returns through property appreciation, rental income, or sale of developed assets.
Quantifiable outcome
- 802,000 m² of constructed area across 183 completed projects
- +3 more outcomes
Companies that use Conresta Group
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
Conresta Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Conresta Group partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and core.
- LinkedInminorConresta Group uses LinkedIn as a corporate social media platform for professional networking and company communications. The company maintains a LinkedIn presence following GDPR-compliant joint data controller arrangements with LinkedIn's platform.
- Krašto apsaugos ministerija (KAM)coreConresta Group subsidiary Conres won a public competition alongside partners to implement Phase II Part A infrastructure development project at the Rūdninkų military training ground. Project executed under public-private partnership (PPP) arrangement, one of the largest military infrastructure projects in Lithuanian history.
Scale indicators16 records
Recent moves8 records
Expansion highlights6 records
Conresta Group competitors and assessment
Company assessmentBroad incumbents
- Bonava: Nordic residential developer with operations in the Baltics and broader Northern Europe. Comparable to RECUS in multi-family housing development, though more residential-pure-play.
- YIT Corporation: Finnish construction and development company with strong Baltic and Nordic residential and commercial operations. Larger, more diversified incumbent with overlapping geographic exposure and development-plus-contracting model.
- PEAB: Swedish construction and civil engineering company with Nordic-wide operations. Competes for similar infrastructure and commercial construction contracts across the Nordic and Baltic markets.
- Skanska: Swedish-headquartered global construction and development firm with significant Nordic and European project delivery. Operates in Conresta's target geographies and competes for similar large-scale public and commercial tenders.
- NCC: Major Swedish construction and property development company active across the Nordics. Comparable in combining infrastructure construction with residential and commercial development.
Direct peers
- Merko Ehitus: Estonian-headquartered construction and real estate developer operating across the Baltics. Most directly comparable peer given similar size, business model (general contracting plus residential development), and overlapping Baltic geographic footprint.
- Mitnija: Lithuanian construction company specializing in general contracting and real estate development in Vilnius and broader Lithuania. Closest Lithuanian peer by geography and service mix.
- Panevėžio statybos trestas (PST): Lithuanian general contractor with residential and commercial development operations. Direct domestic competitor serving the same Lithuanian government, industrial, and commercial client base.
Regional players
- Heijmans: Dutch construction and real estate developer combining infrastructure, residential, and commercial development. Comparable integrated construction-development business model, though focused primarily on the Benelux market rather than the Baltics.
Emerging players
- AF Gruppen: Norwegian contracting and property development group with civil engineering, building, and real estate activities. Comparable vertically integrated construction-and-development model, primarily operating in the Nordic region.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Conresta Group social profiles
Digital presenceConresta Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Conresta Group leadership team
Management profileNumber of profiles
Profiles3 records
Conresta Group subsidiaries and ownership
Company hierarchySubsidiaries6 records
Conresta Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Conresta Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Conresta Group
What does Conresta Group do?
Conresta Group is a Lithuanian company group operating through three core business segments. CONRES provides general contracting and construction services across commercial, industrial, residential, public, cultural heritage, and special-purpose projects in Lithuania, Sweden, France, and St. Bartholomew Island. RECUS develops residential and investment real estate projects in Vilnius. The group also runs strategic investment projects in commercial and residential real estate following responsible investment principles.
Is Conresta Group a public or private company?
Conresta Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Conresta Group founded?
Conresta Group was founded in 2009. It employs 11 to 50 people.
Where is Conresta Group based?
Conresta Group is headquartered in Vilnius, Lithuania, in the Europe region.
How does Conresta Group make money?
Three revenue lines are on record. General Contracting / Construction Services are the primary driver. The others are real Estate Development and investment Projects.
Who are Conresta Group's main competitors?
Broad incumbents on record are Bonava, YIT Corporation, PEAB, Skanska and NCC. Direct peers are Merko Ehitus, Mitnija and Panevėžio statybos trestas (PST). Heijmans is listed as a regional player. AF Gruppen is listed as an emerging player.
Does Conresta Group have an API?
No public API is recorded for Conresta Group.
What industry is Conresta Group in?
Conresta Group's product category is Construction Services. Its primary akta.pro industry code is BPAJAMAB, Commercial Real Estate Asset Management. Its NAICS code is 551 and its SIC code is 6552.