Altas Verslo Grupė

What Altas Verslo Grupė does

Altas Verslo Grupė is a privately held Lithuanian business group headquartered in Kaunas, operating an integrated portfolio of automotive security, mobility, and asset-protection services. Founded in 1990, the group runs eight service centers across major Lithuanian cities (Kaunas, Vilnius, Klaipėda, Šiauliai, Marijampolė, Telšiai, Panevėžys, Šakiai) and operates three wholly-owned entities: UAB "Altas" (core), UADBB "Altas draudimo brokeris" (insurance brokerage, established 2004 under Bank of Lithuania license Nr. 000052), and UAB "Altas IT" (IT solutions, established 2010). The group claims to be Lithuania's leading car audio and security systems provider with more than 54,000 vehicle security systems and 9,495 alcohol interlocks installed cumulatively, and reports 1,142 vehicles recovered through the Cobra Connex tracking system in 2025 alone.

The technology stack is largely built on third-party OEM partnerships rather than proprietary R&D. Cobra Connex is sourced from Vodafone Automotive and provides 24/7 monitored vehicle recovery with 10-meter localization accuracy and a "My Connected Car" mobile app. GPSGO is a fleet management platform featuring real-time transport monitoring, driver sobriety monitoring, fuel control, and route history. Alcohol interlocks come from Swedish vendor Dignita System AB (AL-100V for Driver Offender Programme, certified LST EN 50436-1; AL-100K for commercial transport, TSFS 2011:71 / Finnish Traficom approved) with a Seeme IoT telemetry integration enabling two-way calibration/alarm communications. The ARMAS drug detection system detects nine narcotics from saliva samples, primarily used in workplaces, hospitals, and police checkpoints. Additional lines include Ligier/Microcar microcar distribution, door manufacturing under the Altas-Lock brand (14,340 units to date), Altas statyba (15 years of real estate development), insurance brokerage across eight carrier partners (Lietuvos draudimas, BTA, Gjensidige, Compensa, ERGO, If P&C, etc.), and distributed dashcam/navigation/radar products from Garmin, Kenwood, Neoline, and Genevo.

The business model is a hybrid of equipment resale, professional installation services, and recurring/transactional fees. Hardware products (breathalyzers €150–€225; commercial alcoblocks from €700; offender-programme alcoblocks €1,100 with installation, or €75–€90/month rental with €150 deposit; dashcams €149–€250) are sold on one-time/perpetual licenses with annual calibration add-ons. Insurance revenue is commission-based across life, non-life, CASCO, property, and travel lines. Fleet and IT integrations generate professional services revenue. Customer segments span B2B (fleet operators, transport/logistics, construction, agriculture, public transport, healthcare, government) and B2C (individual vehicle owners, driver-offender programme participants), distributed across a single domestic market with no disclosed international footprint. No external funding or investor activity is indicated; ownership appears to be founder/family-controlled.

Name

Altas Verslo Grupė

Legal name

UAB "Altas"

Website

https://altas.lt

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

11–50 employees

Short description

Altas Verslo Grupė is a Lithuanian private group operating eight service centers offering vehicle security systems (Cobra Connex), alcohol interlocks (Dignita), fleet management (GPSGO), insurance brokerage, door manufacturing, and microcar distribution to consumers, fleet operators, and commercial transport customers in Lithuania.

Ownership category

akta.pro rank

Product category

Vehicle Security and Fleet Management Services

NAICS

Security Systems Services (56162), Security Systems Services (except Locksmiths) (561621)

SIC

Services-Automotive Repair, Services & Parking (7500)

akta.pro primary industry

Governance, Risk & Compliance (GRC) Managed Services (BPAEADAJ)

Keywords

• Vehicle security systems
• GPS fleet tracking
• Alcohol interlock services
• Insurance brokerage
• Garage doors and windows

Headquarters

HQ city

Kaunas

HQ country

Lithuania

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Vehicle Security Products: Sales and installation of car security systems, GPS trackers, search systems (Cobra Connex, Sherlog), immobilizers
2. Alkoblocks and Alcotest Equipment: Sales and rental of anti-alcohol engine locks for commercial transport and driver offender programs, breathalyzers
3. Insurance Brokerage Services: Commission-based insurance intermediation for businesses and individuals, handling life, health, property, vehicle, and business insurance
4. Doors and Windows: Manufacturing and installation of apartment doors, exterior doors, technical doors, windows for residential and commercial buildings
5. Comfort Equipment: Sales of audio-visual equipment, video recorders, parking systems, navigation systems, radar detectors
6. IT Solutions and Integration: Smart solutions for business including IP video surveillance, security systems, thermal imaging, transport systems integration

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Altas Verslo Grupė is a Lithuanian private group that designs, sells, installs and services vehicle security systems, GPS/satellite tracking and fleet management solutions, alcohol interlock (alcoblock) devices for drink-driving offenders, and complementary garage doors, windows and comfort equipment. It also operates an insurance brokerage and an IT solutions subsidiary delivering telematics, video surveillance, and smart transport systems for fleet operators, public transport authorities and individual vehicle owners.

Product overview

Altas Verslo Grupė is a diversified Lithuanian automotive and security technology company operating multiple business lines. The core offering includes vehicle search and security systems (Cobra Connex via Vodafone Automotive, Sherlog), fleet management (GPSGO transport control system), and alcohol interlock devices (DIGNITA AL-100K for commercial transport, DIGNITA AL-100V for driver offender programmes). The company also offers vehicle comfort equipment (dash cams, audio systems, radar detectors, navigation), distributes Ligier/Microcar vehicles, provides Altas-Lock door manufacturing, operates Altas IT for video surveillance and smart solutions, installs public transport systems, and runs Altas Insurance Broker for insurance mediation services. The portfolio is organized as a platform of interconnected automotive, security, and IT service offerings rather than a unified software product.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 9495 alcoblocks installed in Lithuania
• +4 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

13 partnerships are on record, tiered core and minor.

• AB Lietuvos draudimascoreStrategic or Co-development Partner · 21 December 2004Non-life insurance company partner for insurance brokerage services. One of 8 insurance companies partnered with UADBB Altas draudimo brokeris.
• AAS BTA Baltic Insurance CompanycoreStrategic or Co-development Partner · 21 December 2004Non-life insurance partner. One of the insurance companies in Altas broker network.
• ADB GjensidigecoreStrategic or Co-development Partner · 21 December 2004Non-life insurance partner for Altas insurance brokerage.
• ADB Compensa Vienna Insurance GroupcoreStrategic or Co-development Partner · 21 December 2004Non-life and life insurance partner. Both Compensa non-life and Compensa Life products offered through Altas broker.
• ERGO Insurance SEcoreStrategic or Co-development Partner · 21 December 2004Both non-life and life insurance partner. ERGO Life Insurance SE products offered alongside ERGO non-life coverage.
• If P&C Insurance AScoreStrategic or Co-development Partner · 21 December 2004Non-life insurance partner in Altas broker network.
• UAB DK LamantinasminorStrategic or Co-development Partner · 21 December 2004Non-life insurance partner for Altas broker services.
• AB Baltic Underwriting AgencyminorStrategic or Co-development Partner · 21 December 2004Non-life insurance partner.
• Compensa Life Vienna Insurance Group SEcoreStrategic or Co-development Partner · 21 December 2004Life insurance partner alongside non-life Compensa partnership.
• Dignita System ABcoreTechnology or IntegrationOfficial and authorized representative of Swedish technology company Dignita System AB in Lithuania. Distributes Dignita alcoblocks (AL-100V, AL-100K), breathalyzers (AM 7000, AM 8000), and provides calibration and rental services. Dignita focuses on traffic and workplace safety products.
• Vodafone Automotive (Connex)coreTechnology or IntegrationPartner for Cobra Connex vehicle search and tracking system. Provides 24/7 monitoring centers, 10-meter localization accuracy, and integration with My Connected Car mobile application.
• Ligier GroupcoreChannel Partner/ Reseller/ DistributorOfficial representative of French manufacturer Ligier Group in Lithuania. Sells Ligier and Microcar microcars (L6e quadricycles drivable with AM license from age 15).
• ARMAS (Turkey)minorChannel Partner/ Reseller/ DistributorRepresents Turkish company ARMAS for drug detection systems in Lithuania. Distributes ARMAS narkotikų aptikimo system that detects 9 different drugs from saliva samples.

Scale indicators7 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Vodafone Automotive (Cobra Connex):

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/altas.lt
• LinkedInlinkedin.com/company/altas-verslo-grup%C4%97/?originalSubdomain=lt
• Instagraminstagram.com/altas_lt

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 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 Altas Verslo Grupė