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Ministry of Finance (Lithuania)

Logo: Blowwhite1, CC BY-SA 4.0, via Wikimedia Commons4

Government ministry of Lithuania

The Ministry of Finance of the Republic of Lithuania (Lithuanian: Lietuvos Respublikos finansų ministerija) is a government department of the Republic of Lithuania. Its operations are authorized by the Constitution of the Republic of Lithuania, decrees issued by the President and Prime Minister, and laws passed by the Seimas (Parliament). Its mission is to formulate and implement an effective policy of public finance in order to ensure the country's macroeconomic stability and economic development.2 It is headquartered in Vilnius.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1918Founded1
  • HeadquartersVilnius, Lithuania1
  • Websitewww.finmin.lt
  • Legal formLegal Entity of Public Law3
  • Kind of organizationFinance ministry1
  • LEI529900F7Y171QF1RSU093
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressLukiškių g. 2, 01108 Vilnius, Lithuania3
  • Registered withState Enterprise Centre of Registers, 2886016503

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Finansų ministerija
Photo: Bearas, CC BY-SA 3.0, via Wikimedia Commons6

The Ministry of Finance of the Republic of Lithuania (Lithuanian: Lietuvos Respublikos finansų ministerija) is a government department of the Republic of Lithuania. Its operations are authorized by the Constitution of the Republic of Lithuania, decrees issued by the President and Prime Minister, and laws passed by the Seimas (Parliament). Its mission is to formulate and implement an effective policy of public finance in order to ensure the country's macroeconomic stability and economic development.2

Corporate structure

Ministry of Finance (Lithuania) sits at the top of its group. 19 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Ministry of Finance (Lithuania) Vilnius, Lithuania
    • Ignitis Subsidiary · Vilnius, Lithuania
      • Energijos skirstymo operatorius, AB 100% · Vilnius, Lithuania
      • Ignitis gamyba, AB Elektrėnai, Lithuania
      • Ignitis Latvija Subsidiary · Rīga, Latvia
      • Kaunas Cogeneration Power Plant Subsidiary · Biruliškės, Lithuania
      • UAB Elektroninių mokėjimų agentūra Subsidiary · 100% · Vilnius, Lithuania
      • Energy and Technology Museum Subsidiary · Vilnius City Municipality, Lithuania
      • IGNITIS RENEWABLES, UAB Subsidiary · Vilnius, Lithuania
        • SILESIA2 WIND FARM SPOLKA AKCYJNA (SILESIA2 WIND FARM SPÓŁKA AKCYJNA) Subsidiary · Warszawa, Poland
        • UAB "VĖJAS LT" Subsidiary · Vilnius, Lithuania
        • WINDLIT, UAB Subsidiary · Vilnius, Lithuania
      • UAB Litgas Subsidiary · Vilnius, Lithuania
      • Vilnius Biofuel Power Plant Subsidiary · Vilnius, Lithuania
    • State Tax Inspectorate of Lithuania Subsidiary · Vilnius, Lithuania
    • Gaming Control Authority of Lithuania Subsidiary · Lithuania
    • Lithuanian Assay Office Subsidiary · Lithuania
    • Service of Technological Security of State Documents Subsidiary · Lithuania
    • The Authority of Audit, Accounting, Property Valuation and Insolvency Management Subsidiary · Lithuania

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Ministry of Finance (Lithuania) reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

The Ministry of Finance, Trading and Industry was established on 11 November 1918. Its first minister was a prominent Lithuanian lawyer and public figure Martynas Yčas (1885–1941). For a brief period, between 25 December 1918 and 17 December 1919, there was a separate Ministry of Trading and Industry which is seen as a predecessor of the contemporary Ministry of Economy and Innovation.

From Wikipedia’s article on Ministry of Finance (Lithuania), shared under CC BY-SA 4.0.5

Leadership

Who has led Ministry of Finance (Lithuania), and when. Pick a name to see everywhere that person has worked.

Chair

  1. Vilius Šapoka2016–2020
  2. Gintarė Skaistė2020–2024
  3. Rimantas Šadžius2024–2025
  4. Kristupas Vaitiekūnas2025–now
197019801990200020102020

Subsidiaries and ownership

Subsidiaries

  • Gaming Control Authority of Lithuania
  • Ignitis
  • Lithuanian Assay Office
  • Service of Technological Security of State Documents
  • State Tax Inspectorate of Lithuania
  • The Authority of Audit, Accounting, Property Valuation and Insolvency Management

From Wikidata.1

Timeline

  1. 1918Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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