Vilniaus Baldai AB
VVSE:VBL1L9.85
EUR
0.00
(0.00%)
ISIN
LT0000104267
Return %
Stock
S&P 500
1Y
-17.92
14.20
3Y
64.17
81.12
5Y
-5.29
68.34
Capital Structure
EUR
•
in mil. unless spec.Working Capital
EUR
•
in mil. unless spec.Growth Rates
EUR
•
in mil. unless spec.Quarterly Revenue
EUR
•
in mil. unless spec.Quarterly Earnings Per Share
EUR
•
in mil. unless spec.Quarterly Dividends Per Share
EUR
•
in mil. unless spec.Company Description
- CEO
- Jonas Krutinis
- Full Time Employees
- 569
- Sector
- Consumer durables
- Industry
- Home furnishings
- Address
- Trakai Lithuania
- IPO Date
- Jun 5, 2000
- Website
- vilniausbaldai.lt
- Similar Companies
- Business
- Vilniaus Baldai AB is a Lithuania-based manufacturer specializing in the design and mass production of flat-pack cabinet furniture, lightweight honeycomb-structured furnishings, and children's room fixtures. The company operates through its primary Furniture Production division and provides auxiliary services via its subsidiary, ARI-LUX UAB, which handles industrial packaging and logistics support. Its core product portfolio encompasses a comprehensive selection of ready-to-assemble residential furniture, including children's beds, desks, safety-certified storage modules, and modular play units; bedroom furniture, such as bed frames, nightstands, and wardrobes; living room furniture, including multifunctional shelving units, bookcases, coffee tables, and media consoles; and modular storage systems, such as dressers, cabinets, sideboards, and chest of drawers. The company specializes in lightweight honeycomb core board technology and applies various finishing treatments, including natural wood veneers, pigmented lacquers, decorative foils, and three-dimensional wood-grain surface imitations. Vilniaus Baldai AB supplies the global home furnishings market, exporting the substantial majority of its output across Europe, North America, and Asia, primarily serving as a long-term strategic supplier to multinational home furnishing retailers, most notably the IKEA Group. Founded in 1883 and headquartered in Guopstai, Trakai District, Lithuania, Vilniaus Baldai AB is publicly listed on the Nasdaq Vilnius Baltic Secondary List under the ticker symbol VBL1L, with Invalda Privatus Kapitalas AB serving as its majority controlling shareholder. In recent operational developments, the company completed the consolidation and full-scale commercial ramp-up of its modern automated manufacturing complex in Guopstai, optimizing automated processing lines from international equipment manufacturers to increase production capacity and improve energy efficiency. To drive further operational modernization, the company has integrated automated warehouse management systems, advanced robotic fabrication lines, and ergonomic worker-assist technologies, including industrial exoskeletons for heavy material handling. Additionally, Vilniaus Baldai AB continues to execute long-term strategic supply agreements with key international partners, alongside investments in sustainable manufacturing workflows, Lean production management, and FSC-certified timber sourcing to mitigate raw material fluctuations and enhance operational margins.