About us

 

LTk Capital is a holding company operating in Latvia and Lithuania.

Since its founding in 2001, LTk Capital actively manages its investments, exercising control or significant influence over target businesses: defining performance objectives, participating in the development of business strategy, and monitoring its implementation.

Currently, LTk Capital manages a number of companies specializing in a wide range of activities in food industry and e-commerce. For the near future, the company has set investment in promising e-commerce business projects as its top priority.

LTk Capital is constantly on the search for growth opportunities. The company seeks to acquire new competitive businesses that, after allocation of additional management resources and capital, may continue to develop successfully. The company is also open to proposals concerning the sale or acquisition of existing business franchises.

Well known companies were founded and developed by the same group of companies:

  • In 1991 the first cosmetics and perfumery chain “Sarma” was opened in Lithuania. “Sarma” had the first self-service system in the country. It was the biggest retail chain in Lithuania. and was sold in 2004.
  • In 1997“Cili Holdings” was established, which currently owns more than eighty restaurants in Lithuania and Latvia. 
  • In 2000 “Gelvora” was established, which became one of three main players in Lithuanian debt recovery market. In 2008, the company was sold to a Swedish company.
  • In 2007 online entertainment portal and Internet TV called ctv.lt was established  which was sold in 2011.
  • In 2009  amazingsales.com established divisions in Belgium and the Netherlands. The company was sold in 2012. 
  • In 2013 was founded "sau.lt"  is the e-shop for women. After successfull start the e-shop was sold.
  • In early spring of 2014  "Kruzas Nordic Cosmetics Distribution"  UAB was sold.  Within twenty  years it has become one of the biggest companies in the Baltic states, specializing in import and wholesale of cosmetics and perfumery (operates in Lithuania, Latvia and Estonia).
  • In 2014 "East Island"  (a chain of spa centers, massage facilities, and beauty salons) was sold. Since its establishment in 2005, the company has obtained great experience and achieved a strong position in the local market.
  • In 2014 was founded FoodOut - the leading food delivery marketplace in Lithuania and Latvia. 
  • In 2015 Taxi Pocket was established. Taxi Pocket is  taxi booking system for taxi passengers and drivers.

At the beginning of 2015, LTk Capital reached EUR 70 M in income and EUR 48,5 M in assets and had more than 2,000 employees.

The day-to-day success of our business depends on the contribution of every member of our organization. We invite you to be a part of this success by joining our teams at LTk Capital and its companies.

The main LTk Capital  shareholder is  Tadas Karosas. The members of board: Saulius Svitojus and Tomas Martunas. 

 

Concentrated efforts lead to the creation of value!