Vilnius/Riga/Tallinn, Nasdaq Baltic Market, 16 January 2026 – Nasdaq (NDAQ) announces that as of today international terminals operator KN Energies today celebrates a significant milestone on the Nasdaq Vilnius exchange: the 30th anniversary of its listing. Trading in the company’s shares began on 16 January 1996.
Over three decades, the company has grown steadily, and in recent years has delivered outstanding results. The year 2025 was particularly exceptional, with the share price rising by more than 71%, the highest increase among all companies listed on the Baltic exchanges. By the end of 2025, KN Energies’ market capitalization had reached approximately EUR 154 million. Although the company’s share price grew moderately over the long term, the most significant jumps occurred in recent years due to strategic changes, a revised dividend policy, and the expansion of its international liquefied natural gas (LNG) operations.
Today, the company holds 7% of the global floating LNG terminal market, providing both technical and commercial operational services. Its current shareholder structure is as follows: the Lithuanian state (Ministry of Energy) holds 72.47%, the Achemos Group owns 10.43%, and around 17.1% of the shares are freely traded.
“Over the past three decades, KN Energies has become not only a reliable energy partner in Lithuania but also an international player developing solutions that ensure energy independence and strengthen the region’s overall energy security. The recent growth shows that investors trust the company’s strategy and clearly see its further potential in the capital markets. We wish KN Energies continued success in implementing its ambitious goals and maintaining sustainable leadership,” said Gediminas Varnas, President of Nasdaq Vilnius.
“Today we celebrate not only 30 years on the exchange, but also 30 years of trust built together with our shareholders, investors, and partners. Being listed on the stock exchange is both a platform for continuous improvement and a commitment to maximum efficiency and transparency. I am convinced that being a listed company has helped us grow faster and contribute not only to consistent shareholder returns but also to the broader transformation of the region’s business landscape. Our commitment remains unchanged: to operate transparently and productively, to create value for shareholders, to uphold the highest standards, and to continue investing in infrastructure that strengthens energy security and supports the energy transition towards climate neutrality,” said Darius Šilenskis, CEO of KN Energies.
About KN Energies
KN Energies operates three liquid energy product terminals in Lithuania — in Klaipėda, Subačius, and Marijampolė — and is the operator of seven LNG terminals in Lithuania, Germany, and Brazil. One of its most significant projects is the Klaipėda LNG terminal, launched in 2014 with the FSRU Independence, which opened access to international markets. In recent years, the company has been expanding internationally, investing in infrastructure modernization, and developing new energy and decarbonization solutions, including CO₂ infrastructure, flow batteries, and hydrogen technologies.
About Nasdaq
Nasdaq (NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at nasdaq.com.
Nasdaq Baltic represents the common offering of the Nasdaq Tallinn, Nasdaq Riga, Nasdaq Vilnius securities exchanges as well as Nasdaq CSD. Read more: nasdaqbaltic.com
Media Contacts:
Eglė Juškaitė
Nasdaq Vilnius
Marketing and Communications
egle.juskaite@nasdaq.com
+370 618 17811