The main governing bodies of Via Lietuvos are the General Meeting of Shareholders, the collegial governing body, i.e. the Board of the Company and the Chief Executive Officer, of the company appointed by the Board, who is a single-person governing body. The Audit Committee is the monitoring and control body. The authority exercising the rights and obligations of the owner (Shareholder) is the Ministry of Transport and Communications of the Republic of Lithuania.

The Board is the collegial governing body of Via Lietuva AB. The Board acts in accordance with the Constitution of the Republic of Lithuania, the Republic of Lithuania Law on State and Municipal Enterprises, the Articles of Association of Via Lietuva AB and other legal acts. The Board of Via Lietuva AB is appointed by orders of the Minister of the authority exercising the rights and duties of the owner of Via Lietuva AB (the Ministry of Transport and Communications of the Republic of Lithuania) for a term of office of four years.

The term of office of the Board of Via Lietuva AB is from 1 September 2024 to 1 September 2028. The vast majority (3 out of 4 members) of the Board are independent members of the Board and one member is a civil servant. The Chairperson of the Board is an independent member of the Board. The Board operates in accordance with its approved rules of procedure.

In order to manage the company in accordance with the principles of good governance, on 20-09-2024, the Board established the Audit Committee and approved the regulations of the Audit Committee. The main goal of the Audit Committee is to ensure and increase the transparency and reliability of the company’s financial reporting processes.

Members of the Audit Committee:

Independent Member of the Audit Committee, Chairwoman of the Audit Committee Rasa Kislovskienė
Term of office 21/02/2025 – 01/09/2028;

Board Member Liudas Liutkevičius
Term of office 18/10/2024 – 01/09/2028;

Board Member Tadas Jagminas
Term of office 18/10/2024 – 01/09/2028.

Martynas Gedaminskas, Chief Executive Officer of Via Lietuva.

The Board of the Company elects, removes and dismisses the Chief Executive Officer of the Company, determines his remuneration, approves his job description, provides incentives for him and imposes penalties on him (Article 37(3) of the Law on Companies).

Functions of the Director

The functions and responsibilities of the Chief Executive Officer are laid down in the Articles of Association of the public limited liability company Via Lietuva AB approved by 5 December 2022 Order No. 3-550 of the Minister of Transport and Communications of the Republic of Lithuania, the job description of the Chief Executive Officer approved by 2 February 2023 Minutes No. VD-11 of the Meeting of the Board and other legal acts of the Republic of Lithuania.

Remuneration of the Chief Executive Officer

The principles of remuneration of the Chief Executive Officer of Via Lietuva AB and the conditions of remuneration for his work are determined in accordance with the remuneration policy approved by 2 February 2023 Minutes No. VD-11 of the Meeting of the Board and other documents of the remuneration system agreed with the Board.

The remuneration of the Chief Executive Officer consists of a fixed component (PAD) and a variable component (KAD).

PAD relates to the level of the post, which reflects the “weight and value” of the post within the Company. The position of the Chief Executive Officer, like all other positions in Via Lietuva AB, has been evaluated by Korn Ferry Hay’s Job Mapping method and has been assigned HAY level 23.

Via Lietuva AB annually participates in a salary market survey of companies operating in Lithuania that have implemented the same international Korn Ferry Hay methodology for the structure of job grades. Following the results of the survey, and taking into account the median salaries in this market, the company’s PAD ranges are determined annually and approved by the Board.

The KAD may be paid once a year for performance during the calendar year, taking into account the achievement of the objectives set for the Chief Executive Officer. The specific performance targets and their comparative weights and the results to be achieved (the indicators to be measured) are set by the Board of the Company on an annual basis. The amount of the KAD for the Chief Executive Officer is set as a percentage of the PAD for the period for which the KAD is paid, up to 25%. At the end of the year, the Board approves the results of the achievement of the afore-mentioned objectives and the possibility of paying the KAD.

Baltic Road Conference 2025 (IBRC 2025) ROAD TO THE FUTURE, is scheduled to take place on September 3-4 this year at the LITEXPO Congress and Exhibition Center in Vilnius.

It is a unique event held once every four years in one of the Baltic countries, bringing together decision-makers, innovators, and professionals from the road infrastructure and transport sectors across the Baltic region and neighboring European countries. The conference is organized by the Baltic Road Association (BRA).

International Baltic Road Conference 2025 ROAD TO THE FUTURE

Platinum Sponsor 

UAB “Autokausta” is a Lithuanian-owned company operating in infrastructure and industrial building construction, as well as road, bridge, and railway construction. The company also produces concrete, asphalt, and metal structures. In 2024, its turnover exceeded €105 million. Key clients include AB “VIA Lietuva,” AB “LTG Infra,” the Lithuanian University of Health Sciences, the Lithuanian Police, Kaunas City Municipality, and private enterprises. 

The company continuously invests in modern technologies. In 2025, it installed the most advanced concrete production plant in Europe – LIEBHERR Betomat 3 – at its production base. “Autokausta” also owns an asphalt and bitumen emulsion plant, a metal structures workshop, and quarries. Each year, it produces 150,000 tons of asphalt, 2,000 tons of bitumen emulsion, 1,000 tons of polymer-modified bitumen, and about 7,000 tons of metal structures. 

The company operates more than 500 units of heavy construction machinery and employs 800 people, including 70 construction engineers. Its own factories, quarries, and equipment ensure fast construction processes, high quality, and competitive prices. 

In recent years, the company has completed projects such as the S. Darius and S. Girėnas Stadium, the “Science Island” Center, the reconstruction of the A1 Vilnius–Kaunas–Klaipėda highway section, and the Rail Baltica railway works. Currently, it is building the €120 million Kėdainiai Bridge over the Nemunas River in Kaunas and a new interchange on the A1 highway at Ašigalio Street. 

Gold Sponsor 

ORLEN Group is one of Central and Eastern Europe’s leading suppliers of bitumen, used in the construction of asphalt road pavements. 

We provide 36 types of bitumen products manufactured at six production facilities located in Poland (Płock, Gdańsk, Trzebinia), the Czech Republic (Pardubice, Litvínov), and Lithuania (Mažeikiai). Continuous process development and consolidated sales operations enable us to meet the ongoing demand of the bitumen market. Currently, ORLEN Group supplies an average of 1.6 million tons of bitumen per year, with 65 percent of the total volume used on roads in Poland, Lithuania, and the Czech Republic. 

Since 2003, ORLEN Asfalt has also been at the forefront of bitumen technology development: 

• More than 100 research projects implemented 

• 16 new products introduced to the market 

• Partnerships with local governments and universities to advance environmentally friendly bitumen technologies 

• 17 editions of the Bitumen Handbook published in four language versions 

Silver Sponsors 

Q Point
With its digital solutions, Q Point supports companies involved in asphalt production and paving along the entire value chain. Construction projects are thus completed on time, with the highest quality, and in a cost-efficient manner. More than 50 mixing plants and more than 250 construction companies and branches already rely on complete digital data exchange through Q Point solutions. 

Ammann
Ammann is a family-owned Swiss company that has been delivering innovative road construction solutions worldwide for over 150 years. Founded in 1869, the company is today one of the largest and most recognized manufacturers of road construction and building equipment, offering its products and services in more than 100 countries. 

Ammann offers a wide range of high-quality machinery: from advanced asphalt and concrete plants, soil and asphalt rollers, and vibratory plate compactors to modern asphalt pavers. The company places particular emphasis on technological innovation, sustainability, and efficiency—every Ammann solution helps clients achieve maximum productivity, lower operating costs, and reduced environmental impact. 

Ammann equipment is widely used in Lithuania—chosen by the largest infrastructure developers, road construction companies, and contractors. Local representatives in Lithuania not only supply or rent new equipment but also provide prompt technical maintenance, professional consultations, employee training, and fast delivery of spare parts—essential for ensuring uninterrupted work and long-term project success. 

The Ammann name worldwide stands for reliability, top quality, and continuous improvement. The company’s goal is to be the closest partner to its clients, to help them realize the most advanced projects, and to contribute to the creation of safe, modern, and sustainable road infrastructure both in Lithuania and around the globe. Ammann is proud that its solutions contribute to the progress of modern society and make everyday life more comfortable. 

Busnex
Busnex is the official representative in Central and Northern Europe of environmentally conscious companies such as King Long, one of the world’s largest bus manufacturers, and Tiamaes, a leading provider of eco-friendly transport and innovative charging solutions. 

As the official representative of King Long, Busnex offers a wide range of commercial solutions and, through King Long’s international service partner network, provides a full spectrum of maintenance services. Strategically located service points, flexible solutions, and attention to detail ensure that every issue is resolved promptly and professionally. King Long buses are already operating in over 380 cities worldwide, including Poland, France, the United Kingdom, Belgium, Finland, Bulgaria, Denmark, Italy, Chile, Macao (China), and many others. King Long is one of the few non-European bus brands to have showcased an electric bus at the United Nations Climate Change Conference. 

Verston Group
Founded in Estonia in 2010, Verston has grown into the country’s leading infrastructure construction and maintenance company. Today, Verston Group is expanding across Europe with bold ambition and a clear sense of purpose. 

In an industry that often resists change, Verston embraces it. The company is known for doing things differently—from leadership stories that defy convention to engineering choices that favor long-term impact over short-term wins. Whether it’s rethinking how roads are built, using data to predict and prevent waste before it happens, or turning environmental goals into daily actions on the ground, Verston blends grit with innovation to deliver infrastructure that genuinely moves societies forward. 

At the heart of Verston’s business are its people—from engineers and operators to visionaries and planners. They are the changemakers whose curiosity, courage, and commitment turn complex challenges into meaningful solutions. 

Driven by the belief that “where there’s a will, there’s a way,” Verston doesn’t just build to specifications—it builds with intent. To connect. To protect. To rethink the norm. 

TILTS
TILTS is a leading family-owned construction company based in Latvia, with over 35 years of experience in infrastructure development across the Baltic region. The company specializes in complex engineering projects, including bridges, overpasses, ports, and hydraulic structures, as well as the construction and reconstruction of roads and highways. 

With a strong focus on innovation and technical excellence, TILTS offers a wide range of services, such as deep foundation piling, installation of precast concrete structures, road safety and noise barriers, and engineering consulting. The company operates its own production facilities, ensuring high-quality materials and timely project delivery. 

Over the decades, TILTS has built a solid reputation for reliability, engineering precision, and commitment to sustainability, playing a key role in shaping the region’s transport and civil infrastructure. From large-scale transport corridors to local municipal projects, TILTS continues to be a trusted partner in creating safe and lasting infrastructure solutions. 

The Fegda Group
The Fegda Group is one of the largest transportation infrastructure construction groups in Lithuania. The group consists of the companies Fegda, Tilsta, Alkesta, SRP Projektas, and Plentprojektas, which have accumulated extensive experience in infrastructure and building design and construction. In every Lithuanian municipality, you can find projects they have completed—roads, bridges, and other complex engineering solutions commissioned by both government institutions and private businesses. 

Its greatest asset is a team of more than 1,300 professionals whose experience, knowledge, and dedication allow the group to implement even the most complex projects. It invests in the development of its employees, creating an environment where every specialist can realize their potential and contribute to shared success. 

The group’s companies manage the entire infrastructure project value chain—from professional design (SRP Projektas, Plentprojektas), road construction and engineering network installation (Fegda, Alkesta) to the construction of complex bridges, viaducts, and hydraulic structures. 

HISK
HISK is one of the largest construction companies in the Baltic States, with six decades of experience in infrastructure development in Lithuania and abroad. By combining its accumulated expertise, the latest technologies, and a holistic approach, the company delivers a wide range of projects—from national infrastructure facilities to other significant construction and development solutions. 

HISK’s goal is to create fully modern infrastructure that reflects 21st-century trends and contributes to a better environment and improved quality of life for society. Every infrastructure project entrusted to the company is implemented from start to finish in line with the highest project management standards, using digital management tools and analyzing progress data in real time. 

REGEN RBR
REGEN RBR has developed a low-cost and highly effective method to devulcanize end-of-life tire rubber and other waste rubber. By devulcanizing the rubber, REGEN RBR converts waste into valuable and desirable polymer products. Its “devulcanization” process reverses the original vulcanization process by selectively breaking sulfur bonds without degrading rubber quality. 

REGEN RBR’s mission is to help solve the global tire disposal problem. Each year, more than 1.5 billion tires reach the end of their life. Most are incinerated or landfilled because they cannot be effectively recycled, which wastes a valuable resource and creates a major global environmental problem impacting land, water, and air. 

Bronze Sponsors 

Vaisala
Vaisala’s weather and environmental technologies enable unrivaled road network awareness—keeping roadways safe and efficient in any season. 

Its instruments and intelligence are built on nearly 90 years of expertise and are known as the gold standard for precision and reliability. A holistic approach provides customers with end-to-end simplicity, valuable partnership, and a comprehensive portfolio of solutions that are constantly evolving. 

Vaisala is a recognized expert in transportation and continues to channel its curiosity into new ways of making roadways safer and more efficient than ever. 

Kauno Tiltai
AB Kauno Tiltai is one of the largest transport infrastructure and energy construction companies in the Baltic States. Since its inception in 1949, the company has built more than 200 bridges and viaducts and constructed and reconstructed many roads throughout Lithuania. 

As the company has grown, its portfolio has expanded. Today, it includes not only road and bridge construction projects, but also tunnels, railways, airports, water port infrastructure, engineering and energy networks, building material production, and landfill construction. 

The company carries out up to 300 projects a year, ranging in size and complexity from very small assignments to the largest transport infrastructure projects in Lithuania. To ensure quality, Kauno Tiltai operates a certified laboratory, whose findings are recognized throughout the European Union. 

In total, the company employs more than 1,000 people, including over 200 highly qualified transport infrastructure engineers. 

AB Kauno Tiltai actively communicates and cooperates with its social partners—higher education institutions in the country preparing specialists in road engineering—and is one of the founders of the Centre for Smart Cities and Infrastructure at Kaunas University of Technology. It also focuses on promoting the profession and providing expert insights on transport infrastructure construction to the media. 

The company is owned by Poland’s Trakcja S.A., a railway, tramway, and road construction company managed by the state-owned Polish Railways (Polskie Koleje Państwowe, PKP).