Top 10 IT and telecommunications companies in Lithuania

We are happy to be in second place among the Top 10 leading companies in Lithuania’s IT and telecommunications sector!

Verslo žinios, the leading business news portal in Lithuania, annually prepares the Top 10 lists of the best-performing companies by the business sector. The Top 10 lists are made for these business sectors – industry and energy, logistics, advertising and public relations, commerce, construction, technology, HORECA, finance.

We were competing in the technology sector and managed to take second place! The first place went to telecommunications company Tele2, and the third place went to another telecommunications company Telia.

It is the second year in a row that we are on this list – last year we were in eighth place.

Business sectors leaders 2019

The following criteria are used to rank companies:

  • Income of 2018.
  • Profit before taxes of 2018.
  • Income growth in 2018 compared to 2017.
  • Profit before taxes growth in 2018 compared to 2017.
  • Profit per employee in 2018.
  • The average number of employees.
  • The average median of salary paid in the company, compared to other companies from the same sector.
  • The amount of Verslo žinios news portal visitors spent reading articles with the ranked company.

Read more about Top 10 leading companies across business sectors in Lithuania (article in Lithuanian language).