For investors

UAB Valstybės Investicinis Kapitalas is a state-owned investment company dedicated to raising capital for Lithuania’s strategic projects.
  • Raising capital: issuing state guaranteed bond, attracting private investments.
  • Investing: investments in strategic sectors through funds, management companies, or joint ventures.
  • Efficient asset management: investing state assets and temporarily free funds, as well as generating financial flows.

For investors

101
MM EUR
Authorised capital
400
MM EUR
bond programme renewed
4
issues with a state guarantee successfully distributed

Valstybinė garantija

tekstas

Strategic investment directions

UAB VIK is continuing with its focus on financing projects vital to the Lithuanian economy, expanding the capital market, and bolstering financial stability. Considering the current geopolitical situation and the results achieved, the company has identified the following priority areas:

Defence and security

UAB VIK is ready to finance strategic defence initiatives. In 2025, there are plans to launch a bond issue of EUR 25-50 million to finance the Rheinmetall Defence Lietuva project. For this purpose, the EUR 400 million medium-term bond programme has been renewed.

Energy security

For 2025, UAB VIK has a set borrowing limit of EUR 35 million (out of a total limit of EUR 89.5 million) for investments in renewable energy sources.

Advantages of capital market bond issuance

UAB VIK is the only state-owned investment company that publicly issues debt securities, with the funds directed to key areas – from mitigating the effects of the pandemic to strengthening the defence sector.
  • Attracting long-term capital
  • Financing for strategic, large-scale projects
  • More attractive terms than traditional bank loans
  • Diversified investor base
  • Promoting the capital market in Lithuania
  • Secondary market liquidity
  • Strong issuer recognition and reliability
VALSTYBĖS INVESTICINIS KAPITALAS

For Investors

Bonds

Financial reporting