- CEO
- Arturas Gudelis
- Full Time Employees
- 1,334
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Ozo str. 12A Vilnius VL Lithuania 08200
- IPO Date
- Nov 15, 2015
- Business
- City Service SE is a holding company specializing in facility and property management, primarily engaged in the maintenance and administration of residential and commercial buildings. The company's core products and services include building administration; cleaning and landscaping; installation, maintenance, and repair of engineering systems; technical and energy audits of buildings; energy management and renovation; site management and cleaning of premises; petrol station maintenance; debt management and debt collection; IT solutions and energy saving services; and client service center operations. City Service operates mainly in Lithuania, Latvia, Poland, and Spain, administering more than 31.6 million square meters of facilities. Founded in 2015, the company is headquartered in Vilnius, Lithuania, and is a subsidiary of UAB Unit Invest.
In recent developments, City Service SE has strengthened its position through strategic acquisitions, including the purchase of a fuel service station construction company, expanding its service offerings in the fuel retail infrastructure sector. The company has also secured additional financing of EUR 10.66 million from Swedbank to support working capital and refinancing activities. Operationally, City Service SE terminated its business activities in the Russian market following a shareholder decision in 2022, focusing efforts on its core markets in Europe. Additionally, City Service has expanded its facility maintenance services to include modern smart building maintenance platforms, demonstrated by contracts such as the maintenance of the large Tokvila Toyota dealership facilities and the Teltonika office building in Vilnius. These efforts align with the company’s strategic focus on integrated utility services and sustainability in property management.
City Service SE’s business segments cover facility management, technical services, energy efficiency solutions, and client service support, targeting residential property managers, commercial facility owners, and corporate clients across its geographic regions. The company’s operational strategy includes acquiring promising private and state-owned enterprises to integrate into its business model and enhance service quality and profitability. This growth strategy, coupled with innovations such as smart maintenance technologies, positions City Service SE as a leading European provider of comprehensive property and facility management solutions.